Price:
Leasehold - £89,950
Location:
London, North London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : SINGLE FRONTED LICENSED CAFÉ/BISTRO with woodstrip floor, ceiling lighting. Air conditioning. Tables and chairs providing seating for 40 persons.
Stairs to basement
Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Large kitchen with dumb waiter to ground floor restaurant, non-slip floor. The equipment includes 6-burner gas cooker with double oven, charcoal grill, flat grill, 1 walk-in coldroom, 2 fridges, 1 upright deep freeze, 1 chest deep freeze, double sink and drainer etc.
WE ARE INFORMED the turnover averages £2,700/£3,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.
We understand the premises are held on a new 12 years full repairing and insuring lease at a rental of £17,800 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £4,200 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £89,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, opposite Underground Station, LONDON, N
Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 9 p.m.
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