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Well equipped CAFÉ/RESTAURANT
Price:
Leasehold - £105,000
Location:
London, North London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : Front area with space for 2 tables and 4 chairs to -
SPACIOUS DOUBLE FRONTED CAFÉ/RESTAURANT catering for breakfasts, lunches, snacks, teas and coffees. The Café/Restaurant has a ceramic tiled floor, ceiling lighting and is well equipped including tables and chairs plus 4 settees providing seating for 46 persons (can be increased to accommodate 56 persons, if desired). There is access to an attractive rear tiled courtyard with tables and chairs providing seating for 16 persons. Serving counter, cool display counter with refrigerated storage section, electronic cash register, 2 group coffee machine, coffee grinder, orange juice machine, fresh fruit juice machine, small milk fridge/dispenser, ice maker etc.
SPACIOUS LEVEL COMMERCIAL KITCHEN with tiled floor and fully equipped including stainless steel extractor unit, 6-burner Falcon gas cooker with double oven, electric double deep fryer, 1 4-door stainless steel counter fridge, 3 stainless steel tables, Lincat salamander grill, double panini toaster, 2 commercial microwave ovens, 4-pot bain marie, large Garland gas griddle, upright stainless steel fridge, 3 chest deep freezes, double sink and drainer, commercial dishwasher etc.
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx. We understand the business has a Premises Licence and in our opinion there is potential to introduce wines and beers to the restaurant, obviously subject to obtaining the Personal Licence. We further understand the premises can be open until 11.30 p.m. each day, if desired.
We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of £21,000 p.a. exclusive of rates up to June, 2013, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £6,800 p.a. approx.
WE UNDERSTAND THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 3 YEARS AND INDEED IN THE SAME FAMILY SINCE 1996.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, LONDON, N
Monday - Friday inclusive - 6.30 a.m. - 5.30 p.m.
Saturday opening - 8 a.m. - 4 p.m.
Sunday op
The OUTSTANDING living accommodation with internal access to the first floor is FULLY CARPETED, DOUBLE GLAZED and has FULL GAS FIRED CENTRAL HEATING, comprises:
1 Double Bedroom
Fully tiled bathroom with bath, w.c. and wash hand basin
Large Lounge
Fully fitted kitchen (it will be appreciated upon inspection the fully fitted kitchen could readily be utilized as a second double bedroom, if desired).
Paved courtyard with tables and chairs for 16 persons
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