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Reference R9911
Situated in a parade, excellent trading position, residential, office and commercial area, close to Chancery Lane and Farringdon Underground stations, CITY OF LONDON. HATTON GARDEN
Price £85,000
Features
Café / Takeaway (speciality Lebanese Cuisine) (closed Due To Covid)
DOUBLE FRONTED PREMISES in the region of 1,140 ft² WITH ELECTRIC SHUTTERS. WOODEN FLOOR (NEEDS ATTENTION), SPOT AND TUBE LIGHTING.Tables and chairs seating 25. Chilled glass fronted display, electric cash register, cake display stand, double fridge, 2 contact grils, wash hand basin.
First floor - 2 rooms above used for storage
Stairs to basement
KITCHEN. Stainless steel extractor, 2 stainless steel tables, 6-burner gas cooker with oven, commercial mixer, electric oven, microwave, 2 chest freezers, upright freezer, upright fridge, double sink and drainer, wash hand basin.
Cloakroom with toilet and wash hand basin
Turnover
WE ARE INFORMED when trading the turnover was £3,000 per week.
Outside
Yard to rear.
Tenure
We understand the Council will grant a new 10 years lease at a rent of £21,500 p.a. with rent reviews to be agreed.
Business Rates from April 2021 £2,000 approx. payable after small business. (Please contact local authority to confirm)
Price
TO INCLUDE THE NEW LEASE, FIXTURES & FITTINGS £85,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 42,500 (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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