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Reference R9134

Café in South London For Sale

Café in South London For Sale
Café in South London For Sale Buy a Café in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, S LONDON

Turnover £ 2,800
Price £80,000

Features

Well Established Café

Electric shutters to DOUBLE FRONTED CAFÉ tiled floor, ceiling with hanging lighting. Tables & chairs providing seating for 44 persons. Upright glass fronted drinks display fridge (on loan from Coca Cola), cool display serveover counter, electric cash register, 2 group coffee machine, coffee grinder.

Stairs to FIRST FLOOR
Ladies & Gentlemen's cloakrooms each with w.c. & wash hand basin
Plus storage area with 2 fridges & 2 deep freezers

REAR KITCHEN with quarry tiled floor, tiled walls, stainless steel extractor, double deep fryer, 4-burner gas cooker with oven, electric grill, 1 domestic plus 1 commercial microwave oven, double sink & drainer, dishwasher, 1 stainless steel fridge, 1 deep freezer, wash hand basin.

Cellar

Turnover

WE ARE INFORMED the turnover averages £2,800/£3,000 p.w. in our opinion offering further potential to increase in the right hands. Some deliveries are undertaken by Uber.

Staff

The Café is at present operated by the vendor with the assistance of 2 full time plus 1 part time staff.

Trading Hours

Monday - Friday inclusive - 6.30 a.m. - 5 p.m.
Saturday opening - 7 a.m. - 4 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection there is potential for additional opening hours if desired.

Accommodation

The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

2 of the rooms in the accommodation are currently let on shorthold tenancies & provide a rental income of £1,200 per month, however we understand vacant possession can be given on completion, if required.

Outside

Yard area with parking space for 3 cars

Tenure

We understand the premises are held on a new 10 years full repairing and insuring lease from February, 2020 at a rental of £27,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

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

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (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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