Established Cafe in Middlesex For Sale

Situated in a parade, excellent main road trading position, MIDDLESEX

Turnover £ 3,300
Price £75,000

Features

Well Established Café

SPACIOUS CAFÉ with Full Gas Fired Central Heating. Quality tiled floor, ceiling with concealed lighting. Tables plus fixed chairs providing seating for 40 persons. Counter

OPEN PLAN KITCHEN AREA, stainless steel extractory system. The equipment includes 2 coffee machines, bain marie, gas griddle, double deep fryer, panini toaster, 1 3-door glass fronted counter fridge, 1 double door stainless steel fridge, 1 small fridge, walk-in coldroom etc.

Customers' cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages £3,300 p.w.

Staff

The business is at present operated by the owner with the assistance of 2 full time staff.

Trading Hours

Tuesday - Sunday 7 a.m. - 4 p.m.
CLOSED MONDAY

Outside

Parking space at rear for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in 2033 at a current rental of £18,000 p.a. exclusive of rates for the next 3 years, (next review November, 2023), reviews every 5 years.

Uniform Business Rates: 2023/2024 £2,250 p.a. (Please contact local authority to confirm)

SEMI RETIREMENT AFTER 10 YEARS

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote