Overview
Description
Nationwide brings to the market this LICENSED CAFÉ / RESTAURANT with EVENTS LICENCE AND 6 STUDIO APPARTMENTS. Situated in the heart of the High Street, residential, office and commercial area, close to university, MIDDLESEX.
6 DAYS OPENING ~ RENTAL INCOME SURPLUS
DOUBLE FRONTED PREMISES with awning. 425 sq. ft. Laminate floor, plasterboard ceiling with feature pendant lighting. Tables and chairs providing seating for 25 persons. Counter/Bar. Cash register, 2 group coffee machine, sliding door under-counter fridge, ice machine cake display chiller.
Outside Alfresco seating for 15 persons
Cloakroom with mirror, sink and toilet
KITCHEN. Industrial non slip flooring, LED spotlights. Stainless steel extractor, 5 fryers, electric grill, 2 microwaves, oven, rice cooker, 2 3- door stainless steel counter freezers, 2 stainless steel counter top fridges, additional free standing fridge, double sink and drainer, dishwasher,
Stock room
Turnover : WE ARE INFORMED by the owner the turnover currently averages £8,750 p.w. with a gross profit of 65% approx.
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT. (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)
Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £150,000 (R9941)
www.NationwideBusinesses.co.uk
Is accommodation included:
Accommodation details:
6 studio appartments each with ensuite shower room with toilet and wash hand basin
We are advised the TOTAL RENTAL INCOM FROM THE STUDIO APPARMENTS is £5000 PER MONTH - THE VENDOR RECEIVES A NET RENTAL SURPLUS OF £10,000 PER ANNUMYard to rear with parking for 1 car.
Is stock included:
Listed By: