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Reference R8048

Cafe in South London For Sale

Cafe in South London For Sale
Cafe in South London For Sale Buy a Cafe in South London For Sale Sell a Cafe in South London For Sale Cafe in South London For Sale for Sale Cafe in South London For Sale for Sale Cafe in South London For Sale for Sale

Register to see map and to make an appointment Main road trading position, SE LONDON

Turnover £ 3,000
Price £90,000

Features

Well Established Café

DOUBLE FRONTED CAFÉ with tiled floor. Tables & chairs providing seating for 40 persons. Cool display serveover counter, electronic cash register, 2 group coffee machine, coffee grinder.

LEVEL KITCHEN with tiled floor, part tiled walls, extractor system, 4-burner gas cooker with oven, Valentine deep fryer, 3 fridges, 3 deep freezers, double sink & drainer, dishwasher etc.

Ladies/diabled cloakroom with w.c. & wash hand basin
Gentlemen's cloakroom with w.c. & wash hand basin

Stockroom
Large basement

Turnover

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by the vendor with the assistance of 2 full time & 1 part time staff.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 4 p.m.
CLOSED ALL DAY SUNDAY
In our opinion there is potential for additional opening hours, if desired

Outside

Garden

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £10,800 p.a. exclusive of rates. (We understand the rent is due for review at the present time, however no request for an increase has been received from the landlord). We are further advised that the rent reviews are every 4 years.

THE CAFÉ HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (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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