Prime Location Leasehold Café in Bromley London with Heavy Footfall and Expansion Potential
Bromley, London
- Status
FOR SALE
- Date Submitted:
07/04/24
- Advert ID
609382
- Reference
C1170 / Rightbiz
- Call Agent:
- Leasehold: £125,000
- Rent: £19,000
- Turnover: £260,000 (£5,000 Per week)
- Net Profit: Not Applicable
Key Features
- Prime Location
- Town Centre location
- Established Business
- Adjacent to Multiple Retailers
- Fully Fitted
Business Details
LEASEHOLD CAFÉ
MAIN ROAD LOCATION - 28 COVERS - TURNOVER £5,000 PWK - 2 BED S.C. FLAT PRODUCING £1,200 PCM
Location
These well appointed premises occupy a prime trading position fronting a busy main road and serving a densely populated residential and commercial catchment area of this popular South London District. The business enjoys tremendous footfall.
Business
The business is well established, has been in the present hands for 22 years and is now only being marketed as a result of the vendors other business interests. Tremendous potential exists for the introduction of office deliveries, outside catering, evening trade and Sunday trading.
Turnover
£5,000 PWK @ 65% G.P.
Staff
Run by owner and 2 Part Timers
Hours
Mon to Sat - 6.00am to 3.00pm (Closed Sun)
Premises
Imposing mid parade premises with Single frontage, full shutters and single entrance to: Café Area: Tasteful décor throughout, 28 covers at quality furniture. Servery: counter, elect cash register, espresso machine, drinks fridge, boiler, toaster. Open plan Kitchen: 4 burner range, griddle, double fryer, full extractor canopy, 2 microwave ovens, st/stl prep surfaces, Wash Up area: Double deep st/stl sink, upright chiller, upright freezer. OUTSIDE: Yard Staff W.C and w/basin.
Living Accommodation
Self Contained 2 bedroom flat approached from separate rear entrance. Currently sublet producing £1,200 PCM
Tenure
New 15 year lease from September 2023 RENT: £19,000 P.A. (5 year reviews)
EPC Rating
Band C
Business Rates
Nil currently payable
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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