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Reference R6126

Sandwich Bar and Coffee Shop in Croydon For Sale

Sandwich Bar and Coffee Shop in Croydon For Sale
Buy a Sandwich Bar and Coffee Shop in Croydon For Sale Sell a Sandwich Bar and Coffee Shop in Croydon For Sale

Register to see map and to make an appointment Sought after locality, office area, Greater London CROYDON

Price 95,000

Features

Attractive Ulta Modern Licensed Coffee House

We understand the premises have A1 use together with a Full On Licence

The Coffee House caters for teas, coffees, panini's, sandwiches, salads.

In our opinion there is potential for additional opening hours, if desired.

Front area with space for 6 tables & 12 chairs (can be increased)

ATTRACTIVE ULTRA MODERN COFFEE HOUSE with double door, ceiling with inset spotlighting plus hanging lighting, quality laminated floor, stonework plus slate cladding to most walls. Air conditioning/heating. Tables, upholstered chairs & stools providing seating for 26 persons (can be increased). 55" tv screen. Attractive granite topped counter, till with EPOS scanning system, 3-group coffee machine, coffee grinder, juice machine, cool display serveover counter with refrigerated storage section, double door glass fronted counter fridge, 1 single door counter fridge.

KITCHEN AREA with 2 counter deep freezers, ice machine, 1 double panini toaster, 2 commercial microwave ovens, 6-slice toaster, 4-burner electric cooker with oven, blender, dishwasher, sink & drainer, wash hand basin.

Disabled cloakroom with w.c. & wash hand basin

Turnover

WE UNDERSTAND the business enjoys a good turnover, full details of which will be discussed upon inspection & in our opinion the business offers terrific potential for further 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 plus family help when required.

Trading Hours

At present operated 5 days per week - Monday - Friday inclusive - 7 a.m. - 4 p.m. only
CLOSED ALL DAY SATURDAY & SUNDAY
We understand the permission allows the business to be open until 11 p.m. if desired.

Tenure

The vendor owns the long leasehold property and subject to satisfactory references is prepared to grant a new 16/20 years lease at a rental of 22,500 p.a. exclusive of rates plus VAT for the first 4 years, with rent review at that time and thereafter every 4 years. (The vendors are also prepared to consider granting a shorter lease, if desired).

Uniform Business Rates: 2,700 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 47,500 (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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