A3 Cafe & Takeaway

Price:

Leasehold - £195,000

Turnover:

Seller Ref:

CL001209

Location:

London, Leadenhall Market, London

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:

Currently trading as an A3 Cafe and Take Away which has been established on this site for many years and operated by the current owner for the past 6 years. Serving breakfast and lunch daytime trade.
Owner run with the assistance of 6 staff with a wage bill of c£1,800 per week.

Advised turnover: Winter Months £7,500 - £8,000 per week. Spring onwards c£8,500-£9,000 pw.
Working on a gross profit c65%.

Location Details:

Centre of a pedestrianised sought after covered market area of the City. Destination site for the numerous office workers, tourists and shoppers attracted to many restaurants, bars and shops closeby. Close proximity to three Underground stations.

Lease Terms:

19 years remaining on current lease (2012). Advised within the Landlord & Tenant act but unseen by Adams & Co. Rent £38,000 per annum. Rates c£15,000 pa. Service Charge c£4,000 pa.

Trading Hours:

7am-4pm Monday to Friday. Saturday morning