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Reference R1737
Situated in a Parade, main road trading position, residential, office and commercial area, SE LONDON SYDENHAM
Turnover £ 1,750
Price
£49,950
Features
Licensed Café
Outside seating 16 persons.
5 DAYS OPENING
5 STAR HYGIENE RATING
DOUBLE FRONTED PREMISES with SHUTTERS. CCTV (4 cameras). Industrial non slip lino floor, spotlight and tube lighting. Sales counter, cash register, soft drinks fridge, 2 group coffee machine on lease, display fridge.
SEPARAT KITCHEN. Stainless steel extractor, griddle, double basket deep fryer, microwave, 4-pot ban marie, panini press, 6 slot toaster, dishwasher, large fridge, fridge/freezer, chest freezer, 3 stainless steel preparation tables, double sink and drainer
Unisex cloakroom with toilet and sink
Turnover
WE ARE INFORMED by the owner the turnover currently averages £1,750/ £2,000 p.w with a gross profit of 65% approx.
Staff
The business is at present operated by a husband & wife team with the assistance of 2 part time staff. We are informed the wage bill averages £600 p.w. approx.
Trading Hours
5 Day week
MONDAY - FRIDAY 7 a.m - 3 p.m
Outside
Garden with seating for 30 persons
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2007 with reviews every 4 years (next review 2027) at a current rent of £15,900 p.a.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 24,975 (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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