A3 A5 Coffee And Restaurant Business for sale in Enfield Ref No 24423

  • Price: £175,000
London, England
Seller Ref:24423
For Sale

A3 A5 Coffee And Restaurant Business for sale in Enfield Ref No 24423

London, England
Seller Ref:24423
  • Price: £175,000

Overview

Seller Ref: 24423

Description

A3 A5 Coffee And Restaurant Business for sale in Enfield Ref No 24423

Location:
The Business is located 0.5 miles near to train station and just 0.6 miles from the bus stop with schools, Football clubs, and regular clients on the parade of the shops along with other local businesses, serving a large residential area in a very vibrant area of North London which is very popular for food and drinks with plenty of free parking outside.

OVERVIEW:
Newly Decorated to a high standard Café and Restaurant serving Coffee, Burgers, Fresh Juices, Milk Shakes, crepes, and cakes, and a great selection of delicious Breakfast snacks and treats. The business has A3 and A5 licenses with beautiful ambiance, modern amenities, and excellent décor providing seating for approx. 50 covers.

The premises is Newly furbished and is divided into 2 layers: Downstairs there is
seating space for 35 people and a good size kitchen at the back and a washing area with tiled floor & tiled walls, Upstairs area has a good number of seating as well along with an office, storage area, and Toilet and Bathroom at the rear.

The Business is very popular in the area with amazing Google reviews with an average rating of almost 5 stars so far.

SIZE OF PREMISES:
The Total area is of approx. 1000sq.ft, out of which shop floor of 525 sq.ft downstairs and 270 sq.ft upstairs and with an office area of 100 sq ft. and Storage of 50 sq.ft, Kitchen at the back of Approx. 175 sq. ft.

The business is well equipped with fixtures and fittings having a coffee machine, coffee grinder, stainless steel counter fridge, Juice machine, double oven, stove burners, etc.

TURNOVER: £5000 P.W

Potential: currently business is doing deliveries on Deliveroo and Uber Eats but the oncoming buyer can start there doing their own deliveries by developing a website that will boost sales even further.

TENURE: Leasehold 20 years lease remaining under Landlord Tenancy Act.

RENTAL: £13,000 P.A. plus VAT

NO BUSINESS RATES

TRADING HOURS:
8.00 a.m. – 06.00 p.m. all 7 days.

Additional Potential: The business can be significantly increased with evening extended opening hours and adding more items to the menu.

Business has the license to open till 11 p.m.

GOODWILL: To Include the Secure Lease, Fixtures & Fittings + Stock as per valuation is £175,000

Call BTC for further details and appointment for viewing: 020 8889 7474 or email us on commercial@btcint.com

Is stock included:
NA

Listed By:

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