Price:
Leasehold - £65,000
Location:
London, South London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : At present Vietnamese and Chinese cuisine, but can easily be used for any cuisine. Full A3 use
We are advised a local cinema has been approved and a planned indoor market within 200 yards is being considered potentially increasing footfall dramatically.
LARGE SINGLE FRONTED CAFÉ/BISTRO with woodstrip floor. Tables and chairs providing seating for 26/30 persons. Counter, electronic cash register, 3 group coffee machine, coffee grinder, 3-door fridge, cake/deli fridge, icemaker, glasswasher etc..
BASEMENT KITCHEN newly fitted, non-slip floor easy to clean with central gully, stainless steel walls and extractor, 7-burner Chinese cooker, 2 commercial microwave ovens, 1 upright stainless steel deep freeze, 1 chest deep freeze, 1 stainless steel fridge, 1 2-door stainless steel counter fridge, 3-door stainless steel prep counter fridge, single sink and drainer, water and oil filter, commercial food waste disposal unit etc.
WE ARE INFORMED the turnover averages £3,000 p.w. but can increase in the right hands.
We understand the premises are held on a secure renewable lease, the present lease having 14 years unexpired at a rental of £16,000 p.a. exclusive of rates up to January, 2012 increasing at that time to £17,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years. (We are advised rent is low for the area).
The Landlord will require a 6 months rent deposit.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, LONDON, S
Monday - 12 noon - 10 p.m.
CLOSED TUESDAY
Wednesday, Thursday & Friday - 12 noon - 10 p.m.
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