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Reference R1513
Occupying a corner position, main road trading position, residential and commercial area, SE LONDON WALWORTH
Turnover £ 4,200
Price
£125,000
Features
Traditional Café
6 DAYS OPENING
Outside seating for 12 persons
5 STAR HYGIENE RATING
SINGLE FRONTED GROUND FLOOR PREMISES n the region of 495 ft². Stainless steel extractor. Tiled flooring, tube lighting. Tables chairs seating 30 persons. Counter, electric cash register, soft drinks fridge, 4 chest freezers with stainless steel surfaces, 2 large fridges, grill, cooker with oven, double basket deep fat fryer, bain marie, microwave, dishwasher, single sink with drainer, wash hand basin, 2 stainless steel preparation tables.
Customer cloakroom with toilet and sink
Stairs to basement in the region of 245 ft², used for storage.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £4,200 p.w. with a gross profit of 65% approx.
Staff
The business is at present operated by 2 partners with 1 full time staff plus the assistance of 1 part time staff.
Trading Hours
6 Day week
MONDAY - FRIDAY 6 a.m - 4 p.m
SATURDAY 7 a.m - 4 p.m
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 2018 with reviews every 3 years (next review 2024) at a current rent of £16,000 p.a.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 62,500 (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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