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SPACIOUS WELL EQUIPPED CAFÉ/RESTAURANT

Price:
Leasehold - £140,000
Turnover:
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Seller Ref:
R3062
Location:

Middlesex

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in Middlesex
Cafés for sale in Middlesex
Fast food restaurants for sale in Middlesex
Food service businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Front area with space for 2 tables and 8 chairs to -

SPACIOUS SINGLE FRONTED CAFÉ/RESTAURANT with ceramic tiled floor, ceiling with inset lighting. Tables and chairs providing seating for 50 persons. Large counter with stainless steel top, menu board, Lucozade glass fronted display fridge (on loan), hotwater boiler, Espresso Point coffee machine (on loan), small upright deep freeze, hotwater steamer, electronic cash register etc.

ADJOINING OPEN PLAN KITCHEN, counter with stainless steel top. The equipment includes stainless steel under-counter fridge, counter deep freeze, double Valentine double deep fryer, stainless steel extractor, 4-burner gas cooker with double oven, Garland electric grill with 3 burners, 4-pot bain marie, 2 commercial microwave ovens, 4-unit toaster etc.

ADJOINING WASH-UP AREA with commercial dishwasher, 2 stainless steel tables, double sink and drainer, wash hand basin

Storeroom with tiled floor and tiled walls, 2 upright stainless steel fridges, gravity feed slicer.

Additional storeroom with tiled floor and tiled walls plus racking, wakk-in deep freeze

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

WE ARE INFORMED the turnover averages £3,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £18,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £3,300 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy main road trading position, residential area, MIDDLESEX
Trading Hours:
Monday - Saturday inclusive - 7.30 a.m. - 7 p.m.
Sunday opening - 9 a.m. - 6 p.m.
Accommodation:
The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Fully tiled bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen

We are advised that 2 of the rooms over are at present let and provide a total rental income of £150 p.w. (We understand vacant possession can be given on completion. We further understand that should the entire accommodation not be required for personal use, there is potential to let the Self Contained Maisonette and we understand this should provide a rental income of £800/£900 per month, if required).

Service road at rear.
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