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Reference R8132

Café in Canonbury For Sale

Register to see map and to make an appointment Situated in a parade of shops, busy road, opposite school, residential/office area, N LONDON CANONBURY

Turnover £ 1,200
Price £39,000

Features

Café - A3 Use

SINGLE FRONTED CAFÉ with tiled floor. Tables & chairs providing seating for 25 persons. Cool display serveover counter, 2 group coffee machine, coffee grinder, electronic cash register.

OPEN PLAN KITCHEN AREA with tiled floor, tiled walls, 1 new deep fryer, griddle, pizza oven, 2 fridges, 2 deep freezers, single sink & drainer, wash hand basin. Recently added to the equipment is 1 new deep freezer & new fridge.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £1,200 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

At present staff operated. Staff employed 1 chef plus 1 full time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 3 p.m.
CLOSED SATURDAY & SUNDAY
In our opinion there is potential for additional opening hours, if desired

Outside

Yard at rear (not utilized at present, however having potential for tables & chairs, if desired - weather permitting)

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10½ years unexpired at a rental of £11,400 p.a. exclusive of rates for the next 4½ years with rent review at that time and thereafter every 5 years.

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

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 19,500 (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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