Café in Croydon For Sale

Situated in a Parade, excellent trading position, near Tram Station, residential, office and commercial area, CROYDON, SURREY

Turnover £ 3,500
Price £95,000

Features

Prominent Located Cafe

6 DAYS OPENING
4 STAR HYGIENE RATING
FORECOURT WITH SEATING FOR 16 PEOPLE.

DOUBLE FRONTED PREMISES in the region of 800 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot lights, sales counter, EPOS till, Tables and chairs providing seating for 29 People.

Kitchen with small stainless steel extractor unit, Electric 4 ring Cooker, griddle, toaster, painini machine, 3 microwaves, Italian Coffee Machine (2 Group), coffee grinder, deep fryer (2 pan), preparation table, dishwasher., 3 fridges, 2 freezers, etc

Stock room

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 - £4,000 p.w. with a Gross profit of 65% approx. (mainly shop sales)

Staff

The business is at present operated by the vendor with 1 full time and 1 part time staff as required.

Trading Hours

6 Day week
MONDAY - SATURDAY 8am - 3.30pm

Outside

Rear yard with Parking space for 4 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2024 with reviews every 4 years (next review 2028) at a current rent of £22,000 p.a.

Business Rates from April 2025 £1,080 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE 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