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Reference R2558
Occupying a corner position, excellent trading position, residential and commercial area, NORTH LONDON
Turnover £ 3,500
Price
£30,000
Features
Recently Refurbished Immaculate Licensed Café, with Scope and Demand For Evening Opening
Outside seating for 8 people.
5 STAR HYGIENE
CORNER FRONTED, AIR-CONDITIONED PREMISES, in the region of 1,000 ft², CCTV, laminate floor, pendants and spotlights.
Tables and chairs seating 30 poeople
Sales counter, touch screen cash register, soft drinks dridge, grab and go fridge, ambiant display, commercial oven, wash hand basin, coffee machine (2 group), grinder, knock out drawer, ice machine, juicer, blender, double, painini grill, glass washer, etc
REAR KITCHEN - Stainless steel extractor, electric hob, turbochef oven, standard oven, two upright freezers, single door fridge, etc.
Customer cloakroom (disabled access) with toilet and sink.
Store room (shelved) with chest freezer.
Office.
Hatch with stairs to BASEMENT in the region of 400 ft² (Not used.)
Turnover
WE ARE INFORMED by the owner the business opened in March 2025 and the turnover currently averages £3,500 p.w. (increasing) with a Gross profit of 65% approx.
Staff
The business is at present operated by the staff with 2 full time and 4 part time staff.
We are informed the wage bill averages £1,000p.w. approx.
Trading Hours
7 Day week
MONDAY - SUNDAY 8 am - 4 pm
With the premises licence there is scope, and demand, for evening opening.
Outside
Yard / Bin Store.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a 7 YEARS SECURE RENEWABLE lease (private landlord) granted in November 2024 at a current rent of £48,000 p.a.
Business Rates from April 2025 £2,352 approx. after small business relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE NOVEMBER, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS COMMITMENTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 15,000 (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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