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Reference R9036

Cafe Bistro Restaurant in West London For Sale

Cafe Bistro Restaurant in West London For Sale
Cafe Bistro Restaurant in West London For Sale Buy a Cafe Bistro Restaurant in West London For Sale Sell a Cafe Bistro Restaurant in West London For Sale Cafe Bistro Restaurant in West London For Sale for Sale Cafe Bistro Restaurant in West London For Sale for Sale Cafe Bistro Restaurant in West London For Sale for Sale Cafe Bistro Restaurant in West London For Sale for Sale

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

Turnover £ 5,000
Price £80,000

Features

Well Established Café & Licensed Bistro Restaurant

The business has been in the same hands for the past 30 years & is now solely offered for sale due to retirement.

DOUBLE FRONTED SPLIT LEVEL CAFÉ/BISTRO RESTAURANT. Ceiling with inset lighting plus hanging lighting. Tables & chairs providing seating for 50 persons. Counter/bar with triple door glass fronted counter fridge, 1 group coffee machine, water boiler, glasswasher.

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

LARGE KITCHEN with quarry tiled floor. The equipment includes 6-burner gas cooker with oven, griddle, charcoal grill, 3-door stainless steel counter fridge, 1 stainless steel fridge, 1 additional fridge, small deep freezer, double sink & drainer.

Stairs to first floor PREPARATION ROOM plus storage. 4 chest deep freezers, 1 fridge.

Turnover

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 70%.

Staff

The business is at present operated by a husband & wife team. Staff employed 2 chefs, 1 comi chef, 1 kitchen porter.

Trading Hours

Monday - Friday inclusive - 8 a.m. - 2.30 p.m.
Saturday opening - 8.30 a.m. - 2.30 p.m.
In addition Monday - Saturday the business re-opens as a Bistro Restaurant from 6 p.m. - 9.30 p.m. (last orders).
NO SUNDAY TRADING
We understand the business closes for holidays 3 weeks in the summer months plus approximately 2 weeks over the Christmas period. The business also closes on all bank holiday Mondays.

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease at a rental of £28,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 30 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW 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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