Cafes for sale in London

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 I love your website – you saved me so much time with my search. I've now bought a restaurant. 

Imran Ahmed (Nov 2014)
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Leasehold Price: £165,000 Price Reduced
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Business Description
ESSEX/EAST LONDON BORDERS. GOOD CLASS LICENSED INDIAN RESTAURANT, TAKEAWAY & DELIVERY BUSINESS, SPACIOUS 2 BEDROOM FLAT, LARGE CATCHMENT AREA TO BE EXPLOITED.

TAKINGS: We have been advised turnover averages £8,000 weekly and can be increased by enlarging the area being serviced by deliveries.

TENURE: We understand 3 years remain on the Lease @ annual rent of £26,000 which is off set by rent income of £14,400 from let flat above.

TRADING HOURS: Monday to Saturday, 5.00pm to 11.00pm and Sunday, 12.30pm to 10.00pm.

ACCOMODATION: Good size self contained centrally heated flat incorporating 2 double bedrooms, lounge, kitchen and bathroom. The accommodation is currently let @ £14,400 per annum rent income.

BUSINESS PREMISES: Semi detached unit with enclosed forecourt which is used for outside dining, leads to glazed frontage with central doors and lit coloured fascia. The bright and airy interior seats 46+ covers in comfortable surroundings, having wooden floor, painted walls, ceiling fans and both wall & hanging lights. To the far end is a attractive well fitted bar, continuing through to fully tiled kitchen with overhead extractor and stainless steel double sinks. A few steps lead into a tiled preparation area that has access to the front for deliveries. To the very rear is a covered yard housing a walk in cold room plus a enclosed garden.

EQUIPMENT: Comprehensive assortment of equipment as follows:- coffee machine, triple & single glass fronted drinks cabinet, computerised till, microwave, 2 large commercial gas ovens, Tandoori oven, convection oven, 2 fridges, 2 small chest freezers, basket fryer, ice machine plus walk in cold room. (The above items have not been tested).

TRADING POSITION: Monday to Saturday, 5.00pm to 11.00pm and Sunday, 12.30pm to 10.00pm.

SPECIAL REMARKS: After 4 years of ownership the vendor is now selling this high turnover business, as he has other plans. There is good scope to increase sales by expanding the home delivery service to attract a wider custom.

PRICE: £165,000 LEASEHOLD

PERSONALLY INSPECTED BY SOLE SELLING AGENTS

Tenure: Leasehold

Listed by: Rosens BTA Limited
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