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Well established CAFÉ

Price:
Leasehold - £39,500
Turnover:
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Seller Ref:
R2847
Location:

London, South 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
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Front area with space for 4 tables and up to 16 chairs to -

SINGLE FRONTED CAFÉ, tiled floor, suspended ceiling, 2 mirrors to walls. Tables and mainly fixed chairs providing seating for up to 35 persons. Small counter.

LEVEL KITCHEN the equipment includes stainless steel extractor plus stainless steel cladding to cooking area plus tiled walls. 4-burner gas cooker, large griddle, double deep fryer, Stotts hotwater boiler, 4-pot bain marie, 2 microwave ovens, upright stainless steel fridge, 1 additional fridge, chest deep freeze plus small chest deep freeze, double sink and drainer, wash hand basin etc.

Customers cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £2,000 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 12 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £900 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, densely populated residential area, LONDON, S
Trading Hours:
Monday - Saturday inclusive - 7 a.m. - 5 p.m.
In addition we understand the business is open for
Accommodation:
Small yard at rear for rubbish bins
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