Cafe in Bromley For Sale

Situated in a parade, main road trading position, sought after residential area, KENT BROMLEY

Turnover £ 3,600
Price £85,000

Features

Café (e Class) with Accommodation (sublet @ £1,800 Pcm)

4 STAR HYGIENE RATING

Outside seating 18 in total

DOUBLE FRONTED PREMISES in the region of 525 ft², Hard wood flooring, spotlights and pendants. Air conditioning/heating. Tables and chairs seating 22 persons. Sales counter, electric cash register, panini press, commercial microwave oven and grill, toaster, 2 cold counters, hotserve over, triple door under-counter fridge, single door under-counter fridge, dishwasher, under-counter freezer, 2 group coffee machine, 2 grinders, knockout box, double sink with drainer, stainless steel preparation table.

Cloakroom with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,600 p.w. with a gross profit of 60% approx.

Staff

The business is at present operated by a husband & wife team with 1 full time plus 1 part time staff. We are informed the wage bill averages £450 p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 9 a.m - 5 p.m
SUNDAY 10 a.m - 3 p.m

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to FLAT above, could be let to provide a rental income of £1,800 per months. The accommodation comprises:

4 bedrooms (2 doubles, 2 singles)
Fitted kitchen / diner.
Bathroon with bath, sink and toilet.

Outside

Yard

2 parking spaces

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 2019 with reviews every 5 years (next review 2024) at a current rent of £30,000 p.a.

NIL Business Rates 2023 £2,448 after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019

Price

TO INCLUDE THE SECURE RENEWABLE 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