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Reference R9235

Café , Bistro in North London For Sale

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

Turnover £ 4,500
Price £95,000

Features

Well Fitted Licensed Café / Bistro Restaurant

GROUND FLOOR CAFÉ/BISTRO RESTAURANT with woodstrip floor, ceiling lighting. Tables & chairs providing seating for 40 persons.

Cloakroom with w.c. & wash hand basin

BASEMENT LARGE KITCHEN with tiled floor, tiled walls & well equipped including stainless steel extractor, 6-burner gas cooker with oven, gas grill, electric double deep fryer, 2 fridges, 4 deep freezers, walk-in coldroom, double sink & drainer etc.

Turnover

WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The restaurant is at present operated by a partner & staff employed 2 chefs, 1 dishwasher, 2 waiters.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 9 p.m.
Sunday opening - 9 a.m. - 9 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 20 years unexpired at a rental of £25,500 p.a. exclusive of rates. We further understand the rent reviews are every 5 years.

Uniform Business Rates: £3,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (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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