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Cafe for Sale in Holborn, London | Busy Location | £8,000 week Sales | A1 Usage

Undisclosed, Undisclosed
Leasehold Price:
£120,000
Status
FOR SALE
Advert ID
248315
Reference
CAFE_HOL / Rightbiz

Cafe for Sale in Holborn, London (takeaway)

Cafe for Sale in Holborn, London serving takeaway breakfast & lunch. Lease: 1 year (new lease will be granted), Rent: £65,000/year & Asking Price: £120,000

Restaurant Property Sellers presents this well maintained Cafe for Sale in Holborn, London serving breakfast & lunch. Located just 2 minutes away from the Holborn Tube Station this cafe is ideally positioned to attract high footfall.

LEASE DETAILS

  • Lease: 1 year remaining (new lease will granted)
  • Rent: 65,000/year
  • Next Rent Review: May 2020
  • Service Charge: £5,000/year
  • Total Area: Circa 780 sq ft.
  • Rate: 27,000/year
  • Planning: A1 Usage
  • Sales Revenue: £416,000/year (£8,000/week)
  • Premium: £120,000 plus SAV

THE LOCATION & BUSINESS

Located just few minutes away from busy Holborn Tube Station, this well maintained Cafe attracts high footfall during morning & day time alike making it an ideal for cafe business. The immediate area is a mixture of local businesses, offices and local eateries.

THE PREMISES

With total area of 780 sq ft, this well maintained Cafe for Sale in Holborn has three major sections. The front is the counter and service area and at the back it has a well maintained kitchen along with storage and office. The premises has 5 Star Hygiene Rating from the local council.

TRADING HOURS & PLANNING

Mon-Fri: 7am till 4:00pm

Sat-Sun: Closed

A1 Planning

FINANCE & STAFF

We have been informed a yearly turnover of circa £416,000 (£8,000/week) with a net profit of circa £55,000/year. It is currently operated by 5 full time staffs with an owner and 2 other part time staffs.

VIEWINGS

Strictly through Restaurant Property Sellers only. Staffs are not aware, hence no approach must be made at any circumstances. Discreet customer visit is highly advised and then afterwards, further arrangement will be made.

DISCLAIMER

The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Listing Details
Leasehold Price: £120,000
Tenure: Leasehold
Location: Undisclosed, Undisclosed
Sector: Take Aways Businesses, Tea Rooms, Cafes
Financials
Annual Turnover: £416,000
Annual Net Profit: £50,000
Key Features
  • Established Business
  • Fully Fitted
  • Town Centre location
  • Price Reduced
  • Attractive Business
  • Prime Location
  • Price Further Reduced
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: CAFE_HOL / Rightbiz
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