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A3 Cafe & Take Away

Price:
Leasehold - £165,000
Turnover:
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Seller Ref:
CL001196
Location:

London, Middlesex, Teddington

Business Type:

Food Service Businesses

See Other:
Cafés for sale in London
Other takeaways for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
A3 Cafe and Take Away established on this site since 1994 by the current owner having built up a good reputation in the area. Serving daytime trade only with Breakfast, Lunch and Tea.
Operated under management with very little input by the owner.
We are advised that the hotel currently under construction will have no eating facilities and as it is in such close proximity to the cafe a substantial increase in turnover is anticipated.

Current advised turnover c£7,000 per week working on a Gross Profit of c65%.
Location Details:
High street position in upmarket town in Middlesex. Busy shopping area with multiple outlets attracting trade to the area. 115 room Hotel currently under construction nearby opening Spring 2012
Lease Terms:
The seller is the freeholder and will grant a new lease to incoming tenant, terms negotiable. Rent £42,000 per annum. Business Rates c£11,000 pa
Trading Hours:
7am-5pm Monday to Saturday. 9am-4pm Sunday.
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