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Old Established Café In South London For Sale

Tooting, London, UK
Asking Price:
£125,000
Turnover:
£208,000
Net Profit:
Undisclosed

5 STAR HYGIENE RATING

The business currently trades as a Cafe, which could obviously be continued or in our opinion there is potential for other types of cuisine like Turkish Restaurant or Wine Bar, if desired.

Double fronted corner premises in the region of 680 ft² with tiled floor, ceiling with spot lights, sales counter, cash register. Tables and chairs providing seating for 46 People

Open plan kitchen area, stainless steel extractor unit, Cooker (Gas 4-burner), grill, , 3 microwaves, dishwasher, deep fryer (2 pan), boiler, 3 fridge, 2 freezer, sink and drainer.

Staff Toilet with w.c. and wash hand basin.

Additional Toilet with w.c. and wash hand basin.

Stock room.

LOCATION: Excellent main road trading position, densely populated residential and commercial area, SW LONDON

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (5% online sales)

ACCOMMODATION: YES, accommodation is included, you must click the 'Contact Broker' button for additional details.

STAFFING: The business is at present operated by the vendor with 2 full time staff employed.

PRICE: To include the secure renewable lease, goodwill, fixtures & fittings £125,000 plus STOCK AT VALUATION

Substantial loan to an approved applicant.

Additional information available including; rent, lease terms, opening hours, accommodation details, business rates and reason for sale via the 'contact broker' button

Property Information

Property:

Leasehold

Living Accommodation:

Accomodation Included