Well Presented Café in Brixton For Sale

Situated in a parade, excellent main road trading position, densely populated residential and commercial area near BRIXTON, LONDON, SW2

Turnover £ 3,000
Price £79,000

Features

Well Presented Café

5 STAR HYGIENE RATING
REAR GARDEN FOR CUSTOMERS WITH SEATING FOR 10 PEOPLE
ROAD SITE TAKEAWAY HATCH
FULL REFITTED 2021

SINGLE FRONTED PREMISES in the region of 850 ft² with laminated strip floor, suspended ceiling with spot lights, sales counter, stainless steel extractor unit, Cooker (Gas 2-burner), grill, Oven, coffee grinder, Coffee Machine (2 Group), Bar Stalls for 5 people and additional Tables and chairs providing seating for 10 People, CCTV system (4 cameras)

Toilet with w.c. and wash hand basin.

Basement in the region of 200 ft², used for storage purposes plus additional seating for 15 people.

2 Stock room one with fridges and freezer.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by 4 part time staff.

Trading Hours

Monday Closed
Tuesday-Friday 8am - 2.30pm
Saturday - 9am - 2.30pm
Sunday - 10am - 2.3pm
(stops serving at 2.30pm on each day)

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £14,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote