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Reference R3790

Fast Food Cafe in Richmond For Sale


Register to see map and to make an appointment Occupying a corner position, main road trading position, residential, office and commercial area, Surrey. RICHMOND

Turnover £ 4,000
Price £85,000

Features

Café - A3 Useage

Double fronted, Spacious premises (1200 sq. ft. approx.), air conditioned with hot air, wood strip floor, ceiling with down lights, 3 new 1.5 metres cool display counters with refrigerated storage section (on lease), Tables and chairs providing seating for 50 people, external seating for 40 people, electronic cash register.

Open plan level kitchen, lino floor, commercial oven, Panini toaster, 4 commercial microwave, 2 group coffee machine, stainless steel work surface, upright single-door drinks display fridge, upright tripple-door drinks fridges, upright double-door drinks fridges, 3 chest freezers, double sink and drainer, separate wash hand basin, commercial dishwasher (on lease).

• Fully tiled cloakroomwith w.c. and wash hand basin.

• Store room.

Turnover

WE ARE INFORMED by the vendor the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The business is at present operated by the 2 partners, with the assistance of 2 full time staff and 2 part time staff

• We are informed the wage bill averages £700 per week approx.

Trading Hours

7 days per week Monday - Sunday inclusive - 8 a.m. - 4 p.m.

Outside

Yard for bins.

Tenure

We understand the premises are held on a new 15 years lease from the 1st August, 2012 with rent reviews every 5 years and a currant rental of £38,000 p.a. exclusive of rates, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,000 p.a. approx.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (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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