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Reference R6783

Cafe and Fast Food Restaurant in East Finchley For Sale

Cafe and Fast Food Restaurant in East Finchley For Sale
Buy a Cafe and Fast Food Restaurant in East Finchley For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, NLONDON EAST FINCHLEY

Turnover £ 2,500
Price £99,500

Features

Well Established Café / Restaurant

Front area with space for 2 tables & 8 chairs

SPACIOUS DOUBLE FRONTED CAFÉ/RESTAURANT. Non-slip floor, ceiling with inset lighting. Tables & chairs providing seating for 44 persons. Cool display serveover counter (not utilized at present). 2 group coffee machine, coffee grinder, electronic cash register, upright glass fronted display fridge (on loan from Coca Cola).

LEVEL KITCHEN with non-slip floor, tiled walls, stainless steel cladding to walls (cooking area), stainless steel extractor, 6-burner gas cooker with double oven, double deep fryer, 4 microwave ovens, stainless steel hot cupboard, 6-slice toaster, Garland griddle, 2 fridges, deep freezer, 1 glass fronted fridge, dishwasher, double sink & drainer.

Rear store with 2 chest deep freezers, gravity feed slicer etc.

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £2,500/£3,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by a husband & wife team with the assistance of 2 part time staff.

Trading Hours

Monday - Saturday inclusive - 6.30 a.m. - 5.30 p.m.
Sunday opening - 8 a.m. - 4 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 2 years unexpired at a rental of £23,000 p.a. exclusive of rates. We further understand the landlords will consider granting a new longer lease at terms and rent to be agreed.

Uniform Business Rates: £7,500 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS ILL HEALTH

PERSONALLY INSPECTED & HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 49,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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