Spacious Café in Hanwell For Sale

Situated in a parade, busy road, densely populated residential and commercial area, HANWELL, LONDON, W7

Turnover £ 3,500
Price £75,000

Features

Spacious and Modern Café Shared Access with Adjoining Post Office (could Be Isolated) - E Class (former A1 Class)

6 DAYS OPENING

5 Star Hygiene Rating

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS and AWNING - Laminate flooring, suspended ceiling with LED lighting and tube lighting, Cctv (4 cameras)

Sofas, tables and chairs seating 32 customers.

Sales counter - Cash register, coffee machine (on rent), soft drinks fridge, cool display serve over fridge, juicer, smoothy maker, toaster, painini, 2 microwaves, stainless steel extractor, cooker, grill, deep fat fryer, dishwasher, 2 fridges, 4 freezers, double sink and drainer, hand was basin, stainless steel preparation tables,

Customer cloakroom with toilet and sink.

2 store rooms.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the Husband & Wife team

Trading Hours

6 Day week
MONDAY - FRIDAY 7am - 5.30pm
SATURDAY 8am - 5pm

Outside

Bin Store

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2007 with reviews every 5 years (next review 2027) at a current rent of £14,500 p.a.

Business Rates from April 2023 £1,450 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2009

Price

TO INCLUDE THE SECURE RENEWABLE 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