Coffee Shop and Restaurant in Hendon For Sale

Situated end of parade, busy road, NW LONDON HENDON

Turnover £ 5,000
Price £59,000

Features

Attractive well Fitted Licensed Coffee Shop / Restaurant

Forecourt area with tables & chairs for 25 persons

ATTRACTIVE DOUBLE FRONTED LICENSED COFFEE SHOP/RESTAURANT. Laminated strip floor, attractive brickwork to 1 side & rear wall, hanging lighting. Air conditioning/heating unit. Well fitted including tables & chairs plus upholstered bench seating for 28 persons. Counter, hot display cabinet, coffee machine & coffee grinder (both on a rental agreement), touchscreen till, upright glass fronted display fridge (used for cakes), upright glass fronted fridge (for soft drinks etc).

Fully tiled customers' cloakroom with w.c. & wash hand basin

REAR KITCHEN with tiled floor & tiled walls. Well equipped including 6-burner gas cooker with oven, electric pizza oven, 3 commercial microwave ovens, 1 upright stainless steel deep freezer, 2 chest deep freezers, 1 upright double door stainless steel fridge, 3-door refrigerated counter fridge with refrigerated topping section, double sink & drainer, dishwasher etc.

Turnover

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. No deliveries are undertaken & in our opinion there is potential to introduce deliveries, if desired.

Staff

At present operated by 2 partners with the assistance of 4 full time & 2 part time staff.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 5 p.m.
Saturday & Sunday opening - 8 a.m. - 5 p.m.
(We understand that each year the owners close the business normally from the 20th July - 1st September for holidays). In our opinion there is terrific potential to be open during the holiday period, if desired).

Outside

Small yard at rear.
Storeshed

Tenure

We understand, subject to satisfactory references, the vendor is prepared to grant a 15 years sub-lease at a rent of £24,000 p.a. with rent reviews every 5 years.

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 29,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote