Cafes for sale in Kingston upon Thames

View the "O Miradouro Kingston Upon Thames KT1 2HG" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Y. MacGregor (Nov 2017)
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Leasehold Price: £54,995 Price Reduced Turnover: £130,000
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Business Description
Business
O Miradouro is a café and restaurant with a Portuguese twist, where customers can enjoy delicious and authentic Portuguese dishes with hot favourites such as jacket potato with a filling of their choice, hand made sandwiches, paninis and homemade cakes and also serving a selection of delicious coffees and teas.

The restaurant area in the basement is mainly used for private hire for parties as it boasts its own bar area, along with the essential music system.

Location
The business is located within a parade of shops along the Surbiton Road in Surbiton, close to Hampton Court Park and the tourist attraction, Hampton Court Palace.

The popular parade of shops includes many independent retailers, such as a beauticians, a nail salon and a greengrocers.

There is pay for parking outside the restaurant where customers are able to park for up to 2 hours.

Premises
There are a few stairs up to the entrance, as you enter the restaurant you are greeted with seating for 20 which is divided into 8 tables and stairs to the left-hand side which leads down to more seating.

To the rear of the restaurant is the display cabinet for the cakes along with the pay counter which houses the till system. Behind here is the kitchen area where there is also and outside storage area and back entrance.

The lower level part of the restaurant seats approximately 40 people, with entertainment system and TV along with its own bar area.

Equipment:
● CCTV System
● Display Chiller Cabinet
● Racking
● Drinks Chiller Cabinet
● Fancino Coffee Maker
● Adastra Entertainment System
● Air Conditioning
● Cold Store

Tenure
This business is a leasehold opportunity with a 16 year lease and 15 remaining.

Rent is £22,000 pa
Rates: £4,700pa

Hours
This business was open 6 days a week but it currently closed due to ill health.

Staff
The owners and another member are staffing the business.

Financial Profile
We are advised the business was turning over around £2,500 pw which would equate to £130,000 Assets total £20,000.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04267
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