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Newly refurbished and refitted LICENSED CAFÉ BAR/BISTRO

Price:
Leasehold - £50,000
Turnover:
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Seller Ref:
R2168
Location:

London, North London

Business Type:

Food Service Businesses

See Other:
Cafés for sale in London
Restaurants for sale in London
Fast food restaurants for sale in London
Bistros for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the premises have a Full On Licence plus Live Music/Entertainments Licence.

This Café Bar/Bistro has recently been refurbished and refitted.

SINGLE FRONT (can be open front - weather permiiting), woodstrip floor, ceiling lighting. Tables and chairs providing seating for 50 persons. Bar, 2 double door glass fronted drinks fridges, sink.

Fully tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

In addition the the main restaurant area there is a rear room with woodstrip floor with sofas and seating plus tables for approximately 20 persons.

LEVEL KITCHEN with tiled floor newly fitted including 6-burner gas cooker, deep fryer, 3 chest deep freezes, 2 fridges, 3-door stainless steel counter fridge, double sink and drainer etc.

WE ARE INFORMED the turnover averages £2,300 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £18,200 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,900 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent trading position, LONDON N
Trading Hours:
Monday - Saturday inclusive - 7 a.m. - 7 p.m.
Sunday opening - 8 a.m. - 7 p.m.
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