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Reference R6879

Cafe Restaurant in South London For Sale

Cafe Restaurant in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, SW LONDON

Turnover £ 2,200
Price £75,000

Features

Attractive Café

ATTRACTIVE SINGLE FRONTED CAFÉ with slate tiled floor. Tables & chairs providing seating for 24 persons. 2 group coffee machine, coffee grinder, panini toaster, smoothie blender, upright glass fronted display fridge, dishwasher etc.

Cloakroom with w.c. & wash hand basin

Basement LARGE KITCHEN AREA with tiled floor & tiled walls sink with double drainer, electric fan assisted oven, 2 chest deep freezers, 2 upright deep freezers, 1 fridge etc.

Staffroom

Turnover

WE ARE INFORMED the turnover averages £2,200/£2,400 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by the vendor with the assistance of 3 part time staff.

Trading Hours

Monday - Friday inclusive - 7.30 a.m. - 5 p.m.
Saturday & Sunday opening - 8.30 a.m. - 5 p.m.

Tenure

We understand the premises are held on a secure renewable lease for a period of 20 years from September, 2007 at a current rental of £18,000 p.a. exclusive of rates up to September, 2017. (We understand the rent reviews are every 5 years).

WE ARE ADVISED THE LANDLORD MAY REQUIRE A 6 MONTHS RENT DEPOSIT

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (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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