EAST LONDON. WELL ESTABLISHED CAFÉ/RESTAURANT, SPACIOUS INTERIOR SEATING 48 COVERS, COMPREHENSIVELY EQUIPPED, LONG LEASE RESIDUE, HEAVILY POPULATED SURROUNDING COMMUNITY, GENUINE RETIREMENT SALE AFTER 26 YEARS OF OWNERSHIP.
TAKINGS: We have been informed turnover is £3,500/£4,000 per week, the majority of which is eat in sales with regular local custom.
TENURE: We understand that 17 years remain on Lease at £17,000 per annum rental for large lock up unit.
TRADING HOURS: Monday through to Saturday, 6.00am to 6.00pm. Sunday, not trading although there is a demand.
ACCOMODATION: This is a lock up shop, therefore no accommodation is included in the sale.
BUSINESS PREMISES: End terrace double premises with glazed frontage having central entrance beneath full width illuminated coloured fascia and signage. The interior seats 48 people in comfort, being fitted with non slip flooring, tile effect wall covering and lowered lit ceiling with fans. The stainless steel servery encloses the clad cooking section with an overhead extraction hood which is fronted by large menu display. Adjoining is fully tiled preparation area that has twin stainless steel sink and matching tables plus storage space and rear access for deliveries.
EQUIPMENT: Good selection of trade items to include a 4 ring commercial gas cooker, coffee machine, hot water boiler, drink cabinet, numerous fridges & freezers, digital till, glass fronted refrigerated display cabinet, 4 pot bain marie, toaster, twin basket fryer, griddle, grill, dishwasher and a microwave oven. (The above items have not been tested).
TRADING POSITION: Well established at corner of local shopping square that's set back from a very busy main through route within the heart of vastly populated Council estate with flats and houses all around plus close to local amenities.
SPECIAL REMARKS: The seller has successfully traded here for the last 26 years and has built up regular custom supplying solid business throughout the year. Genuine retirement sale leaving the way forward for younger more go ahead operator.
PRICE: £99,000 LEASEHOLDPERSONALLY INSPECTED BY SOLE SELLING AGENTS
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