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Established Shopping Precinct Cafe In Middlesex

Pinner Middlesex
Café Pinner, Middlesex T/O: £156,000 GP: 70% Scope to increase turnover Loyal customer base Established business Shopping precinct location
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 60345
ADVERT IMPRESSIONS : 3,411 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Cafes
SALE: Agent Sale

LEASEHOLD:

£69,950

ANNUAL RENT:

£17500
 

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BUSINESS DETAILS:

Location
Silver Grill Café occupies substantial ground floor lock-up premises ideally located in a shopping precinct in Pinner, Middlesex. The premises benefit from being situated close to the local amenities and are surrounded by a variety of complementary shops and businesses. The business also benefits from being situated at the entrance of a large supermarket, which creates a high footfall. There are regular buses running through the area and the tube station is within easy walking distance. Pinner is a mainly residential area in the borough of Harrow on the outskirts of London. The business boasts easy access to the A-road network and the motorway network. London city centre is easily accessible and Harrow town centre is less than 3 miles away.

Business History
Preferred Commercial is delighted to offer for sale this busy café, which was established in 2004 and has been in our client's careful hands since 2009. The business is only now offered to the market due to our client's wish to emigrate. The premises are well-equipped to suit the trade with a spacious serving area with tables and chairs for up to 32 covers, external seating for 6 covers and a well-equipped commercial kitchen. The business benefits from an excellent reputation and receives much repeat trade and word of mouth recommendations. The premises benefit from being situated in a busy shopping precinct, which is also en-route to the train station. Our client offers a variety of high quality hot and cold food and drink to eat in. The business currently trades 7 days a week and generates a turnover in the region of £156,000 with a gross profit of 70%. We feel this could be further increased by extending opening hours and offering a takeaway service for the area's commuters. The new owner could, if desired, establish a simple leaflet campaign to generate more business. This is an ideal opportunity to acquire an already busy café with huge potential for further development. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £156,000 approx.
GP: 70%

Opening Hours
Mon - Sat: 8:30am to 5:00pm
Sun: 10:00am to 4:00pm

Accommodation Details
Substantial ground floor lock-up café premises. Briefly comprising:

Ground Floor
• Serving area with tables and chairs for up to 32 covers, large chilled display counter and electronic cash register
• Kitchen fitted to suit trade
• Ladies WC with wash hand basin
• Gents WC with wash hand basin

External
• Tables and chairs to front for up to 6 covers
• Service yard to rear

Tenure
Leasehold
Original length:20 years
Remaining: 17 years
Review every 5 years
Rent: £17,500 per annum
   
  FOR SALE
   

REFERENCE:

2289 / RightBiz
   
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