Price:
Leasehold - £90,000
Location:
London, North London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : SINGLE FRONT COFFEE SHOP well appointed, woodstrip floor, air conditioning. Tables and chairs providing seating for 26 persons. Large cool display serveover counter, 2 group coffee machine, coffee grinder, electronic cash register.
KITCHEN with convection oven, fridge, deep freeze, sink and drainer, wash hand basin
Customer's cloakroom with w.c. and wash hand basin
LARGE BASEMENT with ceramic tiled floor used as INTERNET ROOM with 15 computers.
Storeage area with 5 fridges, 1 deep freeze
The present tenant is of the opinion that the basement area could be converted into a Studio Flat, if desired.
WE ARE INFORMED the turnover averages £2,200/£2,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.
We understand the landlord, subject to satisfactory references, will grant a new 15 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years. (Obviously in the event of the Studio Flat being required, the rental for the first 5 years would be increased to £22,500 p.a. exclusive of rates).
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, sought after residential area, LONDON NW
Monday - Friday inclusive - 6.30 a.m. - 8 p.m.
Friday & Saturday opening - 8.30 a.m. - 4 p.m.
To the rear of the business is a STUDIO FLAT available to rent as an optional extra at we understand a cost of £2,500 p.a. The existing Studio Flat comprises:
Bedsitting room with kitchen area
Bathroom with bath, w.c. and wash hand basin
|
|
Business Services that may be of Interest:
|
|
|