CafÉ / Restaurant For Sale | | Undisclosed London | | Situated in a parade, busy road, commercial and residential area, LONDON, N | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71870
ADVERT IMPRESSIONS : 13,258 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £167500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Front area with space for 3 tables and 6 chairs
Electric shutters to SPACIOUS SINGLE FRONTED CAFÉ/RESTAURANT with tiled floor, suspended ceiling with concealed lighting. Tables and chairs providing seating for 40 persons. Cool display serveover counter, 2 group coffee machine, water boiler, electric cash register.
LEVEL KITCHEN with tiled floor, stainless steel extractor unit, stainless steel cladding to cooking area, large gas griddle, double deep fryer, 3 commercial plus 1 domestic microwave ovens, 4-burner gas cooker, 4-pot bain marie, 1 upright deep freeze, 3 chest deep freezes, worksurfaces, double sink and drainer, wash hand basin, 2 stainless steel tables etc.
STAIRS TO LARGE BASEMENT with rear access comprising large room, in our opinion having potential for additional seating area, if desired.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Location : Situated in a parade, busy road, commercial and residential area, LONDON, N
Opening Hours : Monday - Saturday inclusive - 6 a.m. - 7.30 p.m.
Sunday opening - 7 a.m. - 7 p.m.
Turnover : WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £23,400 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £3,800 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 11 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £167,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Yard with rear access
Staff : The business is at present operated by the vendor with the assistance of a relative on a full time basis plus 2 full time and 1 part time staff. | | | | | | FOR SALE | | | | | REFERENCE: | R3153 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
