Attractive CafÉ Bar | | Undisclosed London | | Situated in a parade, excellent trading position, LONDON N | | ADVERT NUMBER : 66743
ADVERT IMPRESSIONS : 20,394 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £25000 | | | | | BUSINESS DETAILS: | Features : Forecourt area with tables and chairs for approximately 20 persons
ATTRACTIVE CAFÉ BAR with Premises Licence for wines and beers with food. Tables and chairs providing seating for 20 persons. Cool display serveover counter plus bar, electric cash register, double door sliding glass fronted counter fridge, chest deep freeze.
OPEN PLAN KITCHEN with electric fan assisted oven, double panini grill etc.
Cloakroom with w.c. and wash hand basin
Storeage area
It will be appreciated upon inspection that there is potential to extend the kitchen at rear, subject to the necessary planning permission.
Location : Situated in a parade, excellent trading position, LONDON N
Opening Hours : Monday - Saturday inclusive - 8 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 10.30 p.m.
Turnover : WE ARE INFORMED the turnover currently averages £3,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 19¾ years unexpired at a rental of £26,000 p.a. exclusive of rates for the next 4¾ years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £5,730 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operted by the vendor with the assistance of 1 part time staff plus 1 full time chef. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
