Thai inspired Cafe in South London For Sale

Situated in a parade, busy road SE LONDON

Turnover £ 1,000
Price £45,000

Features

Café, with A Thai Inspired Menu

Electric shutters to CAFÉ, tiled floor, fluorescent lighting. Tables & chairs providing seating for 10 persons plus settee. It will be appreciated upon inspection there is space for an additional 3 tables, if desired. Cool display serveover counter, upright glass fronted soft drinks fridge.

OPEN PLAN KITCHEN AREA with stainless steel cladding to walls, stainless steel extractor, electric griddle, single deep fryer, toaster, 2 domestic plus 1 commercial microwave oven, 1 group coffee machine, 2 fridges, small upright deep freezer, electric cooker etc.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £1,000 p.w. in our opinion offering terrific potential for further development, especially with the introduction of deliveries, if desired.

Staff

At present operated by the vendor with the assistance of her partner.

Trading Hours

Monday - Saturday inclusive - 9 a.m. - 4 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 3 1/2 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 3 years with rent review at that time.

We are advised, to an approved applicant, the Landlord will grant a new lease at terms to be agreed.

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 17 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote