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Reference R6837

Cafe Sandwich Bar in Kings Cross For Sale

Cafe Sandwich Bar in Kings Cross For Sale
Buy a Cafe Sandwich Bar in Kings Cross For Sale Sell a Cafe Sandwich Bar in Kings Cross For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, close to main railway station/underground, LONDON, WC KINGS CROSS

Turnover £ 10,000
Price £250,000

Features

Old Established well Fitted Sandwich Bar / Café

ATTRACTIVE SANDWICH BAR/CAFÉ catering for breakfasts, snacks, sandwiches, lunches, teas & coffees plus pizza in the evening. Tiled floor. 2 air conditioning units.

REAR SECTION with skylight ceiling, inset spotlighting plus hanging lighting. Tables & chairs providing seating for 32 persons.

FRONT AREA with large cool display serveover counter, 2 group coffee machine, coffee grinder, illuminated menu board, small stainless steel extractor with griddle, double deep fryer.

Stairs to basement with tiled floor, stainless steel cladding to walls, double sink & drainer, commercial dishwasher, 6-burner gas cooker with large oven, 3-door stainless steel counter fridge with refrigerated topping section, 2 chest deep freezers, 2 small chest deep freezers, walk-in fridge, stainless steel fridge, 2-deck pizza oven, dumb waiter to ground floor etc.

Fully tiled ladies' & gentlemen's cloakrooms wth shared wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of £10,000 p.w. including pizza turnover of approximate £4,000 p.w.

Staff

The Café is at present operated by the vendor with the assistance of 3 full time plus 1 part time.
Pizza Section 2 full time plus 1 part time plus additional 2 part time staff at weekends. The staff undertake any deliveries required.

Trading Hours

Café
Monday - Friday inclusive - 6 a.m. - 4 p.m.
Saturday & Sunday opening - 7 a.m. - 3 p.m.

We understand the Pizza Section operates
Monday - Friday inclusive - 5.30 p.m. - 1 a.m.
Saturday & Sunday - 5.30 p.m. - 5.30 a.m.

Tenure

We understand the premises are held on a secure renewable lease the present lease having approximately 10 years unexpired at a rental of £26,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £10,700 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (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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