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Well fitted CAFÉ

Price:
Leasehold - £45,000
Turnover:
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Seller Ref:
R2992
Location:

London, North London

Business Type:

Food Service Businesses

See Other:
Restaurants for sale in London
Cafés for sale in London
Fast food restaurants for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Front area with space for 4 tables and 8 chairs

Electric shutters to DOUBLE FRONTED CAFÉ. Customer's area with woodstrip floor. Service area with tiled floor. Well equipped including tables and chairs providing seating for 30 persons (can be increased). Counter, electronic cash register, glass fronted drinks fridge, 2 group coffee machine, panini toaster etc.

LEVEL KITCHEN with electric 4-burner cooker, double deep fryer, 2 chest deep freezes, 3 fridges etc.

Disabled/customer's cloakroom with w.c. and wash hand basin

In addition staff cloakroom with w.c. and wash hand basin

WE UNDERSTAND the Café commenced trading in approximately May, 2011 and we are advised the turnover is currently in the region of £2,300 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held ona secure renewable lease, the present lease having approximately 17 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,634 p.a.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, residential area with school opposite, LONDON, N
Trading Hours:
Monday - Saturday inclusive - 7 a.m. - 5 p.m.
NO SUNDAY TRADING
Accommodation:
Yard at rear
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