Bayswater Cafe For Sale

Price:

Leasehold - £40,000

Seller Ref:

BMA567

Location:

London, Bayswater

Business Type:

Food Service Businesses

See Other:

Cafés for sale in London
Coffee shops for sale in London
Sandwich shops for sale in London
Food service businesses for sale in London

Description:

THE BUSINESS:

The premises is a highly visible ground floor café fitted and equipped to high standards with Mediterranean decor, wooden flooring throughout and fully fitted lounge/party room in the basement. The internal area comprises of a seating area with 14 internal covers and 4 external covers, a preparation area and kitchen at the rear. On the lower ground floor there is a covered terrace at the rear which measures 98.7 Sq ft. The shop benefits from ample storage, a large lounge party room fitted with a suite of Morroccan style furniture and Ladies and Gents toilets.

THE BUSINESS
The café currently operates under an A1 user class but the owner has since applied for an A3 license. The landlord will permit any A1, A2, A3 or A5 use. The cafe is a new venture which has been trading for a short period and would be ideal for any food enterprise subject to planning permission. The owner is keen to sell as he needs to move country due to family obligations.

Location Details:

The business is situated in Bayswater, West London. The premises benefits from excellent transport links and is situated 150 ft away from the Royal Oak Underground Station (Circle line and Hammersmith and City Line).

Lease Terms:

We have been advised that the premises is held on a 25 year which commenced in November 2010. The annual rent passing is £22,000. Formal rent reviews are conducted every 5 years. BUSINESS RATES We have been advised by our client that the business rates payable are circa £4,600. This is to be confirmed with the council.

Trading Hours:

The business currently trades: Mon-Sun 8:00am – 7:00pm