Licensed Cafe & Bistro

Price:

Leasehold - £55,000

Turnover:

Seller Ref:

CL001113

Location:

London, Clapham

Business Type:

Food Service Businesses

See Other:

Bistros for sale in London
Cafés for sale in London
Food service businesses for sale in London

Description:

THE BUSINESS:

A3 Cafe & Bistro serving breakfast, lunch and evening trade. Currently operating as a Cafe during the day
and a Bistro in the evenings. This business has been established by the owner for the past 10 years but has
only been run as an A3 operation for the past 4 years benefitting from a find reputation in the area.
Advised Turnover c£3,000 per week working on a gross profit of 65-70%. Currently only trading a 5 day
week and with longer opening hours the takings can certainly be increased.

Location Details:

Sited in a secondary shopping parade on high street location in a good class area of SW London close to Clapham and Wandsworth. Relying on trade from the local area and from commercial businesses, such as recording studios and small traders which are located nearby. The road is pedestrianised once a week when the market takes place.

Lease Terms:

11 years remaining on lease (2010), Acvised within the Landlord & Tenant Act but unseen by Adams & Co. Rent £15,000 per annum. Rates c£400 per annum

Trading Hours:

9.30am-9.30pm Tuesday-Saturday. Closed Sunday and Monday