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Reference R6447

Café in Penge For Sale


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

Turnover £ 2,200
Price £59,500

Features

Well Equipped Café

Front area with space for 2 tables & 8 chairs

SINGLE FRONTED CAFÉ with lino wood effect floor, ceiling with concealed lighting. Tables & chairs proficing seating for 40 persons. Cool display serveover counter, electric cash register, coffee machine, coffee grinder.

KITCHEN with tiled walls, stainless steel extractor plus stainless steel cladding to walls (cooking area), 6-burner gas cooker with oven, large gas griddle, double deep fryer, 1 stainless steel upright fridge in addition there is an upright glass fronted fridge plus small glass fronted fridge (both of which are on loan from Coca Cola), 1 large chest deep freezer, 1 small deep freezer, 2 stainless steel tables, double sink & drainer, wash hand basin etc.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £2,200/£2,500 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 65%.

Staff

The business is at present operated by a lady vendor with the assistance of a relative full time plus 1 full time staff.

Trading Hours

8 a.m. - 6 p.m. seven days per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £13,625 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter.

Uniform Business Rates: £1,987 p.a. after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 29,750 (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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