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Newly Built High Street Breakfast Bar/hot Food Buffet/cafe In Major Development For Sale

Croydon, London, UK
Asking Price:
£30,000
Turnover:
Available on request
Net Profit:
Available on request

A new opportunity has arisen to operate under license the breakfast/morning/lunch hot food operation within a brand new town centre cocktail bar and night club development on the very busy High Street in central Croydon.

Adjacent to busy bus stops, shops and office developments and close to the Vue cinema, Croydon Museum, health centres, tram stops and car parks this is a perfect location to take over a fast turnover but high margin breakfast cafe or hot food buffet business. The cafe can accomodate c20 covers inside but is also likely to benefit from a high level of takeaway trade due to its proximity to transportation, local amenities, offices, gyms and shops.

The cafe is newly built and fully equipped with:
Grill/Hotplate
Oven
Hob
Double Fryer
Microwave Oven
Dishwasher

The premises benefits from good security, CCTV and all necessary utilities.

The rent of £------- per week (depends on hours of operation and term of contract likely to be 3-5 years) includes gas, electricty, water and business rates allowing the new owner full visibility on costs and a simple business model.

A license for between 3 and 5 years is offered and a premium is sought to contribute towards the extensive build/refurbishment and fitout costs. As the premises will be used as a cocktail bar in the late afternoon/evening the license will cover up to 1pm only. The owner will be seeking 3 months rent in advance and a 3 month's security deposit over the fixtures and fittings which will remain the property of the building management.

Property Information

Property:

Leasehold

Lease Terms:

Leasehold