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Reference R2627
Terrace property, excellent trading position, residential and commercial area, Middlesex, Greater London.
Turnover £ 2,750
Price
£80,000
Features
Immaculate Café
6 DAYS OPENING
OUTSIDE SEATING FOR 20 PEOPLE.
5 STAR HYGIENE RATING.
IMPRESSIVE DOUBLE FRONTED PREMISES, in the region of 1,250 ft², tiled floor, plasterboard with track and pendant lights.
Tables and chairs for 28 customers (could be expanded.)
Sales counter, cash drawer, two group coffee machine, grinder, bain marie, food warmer, knock out drawer, under counter fridge, soft drinks fridge, display chiller, blenders, etc.
SEPERARTE KITCHEN - Stainless steel extractor, Combi oven, bakery oven, induction hob, griddle, bain marie, 2 single basket deep fat fryers, 2 microwaves, double door fridge, chest freezer, 2 full height freezers, 2 under counter freezers, double sink and drainer, diswasher, stainless steel preparation tables, etc .
Ladies cloakroom (with disabled access) with toilet and sink.
Gentleman's clokroom with toilet and wash hand basin.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £2,750 p.w. with a Gross profit of 65% approx.
Staff
The business is at present operated by the vendor's wife with the occasional help fro her husband, 2 part time staff and causal assistance if required.
Trading Hours
6 Day week
TUESDAY - SATURDAY 8 a.m. - 4 p.m.
SUNDAY 9 a.m. - 3 p.m.
CLOSED MONDAY
Outside
Bin store.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 25 years in 2021 with reviews every 5 years (next review September 2026) at a current rent of £38,000 p.a.
Business Rates from April 2025 £8,800 approx. After small business relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE FEB 2024, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS OTHER BUSINESS COMMITMENTS.
Price
TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 40,000 (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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