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Reference R8129

Café in Walthamstow For Sale


Register to see map and to make an appointment Residential & commercial area E LONDON WALTHAMSTOW

Turnover £ 1,300
Price £15,000

Features

Semi-detached Workmans Café (catering For Breakfasts, Snacks, Teas & Coffees)

Forecourt with parking for 2 cars

SPACIOUS DOUBLE FRONTED CAFÉ, suspended ceiling with concealed lighting. Tables & chairs providing seating for 58 persons. The equipment includes counter, electronic cash register, chest deep freezer.

LARGE KITCHEN with quarry tiled floor, plastic cladding to walls, 2 electric grills, electric deep fryer, 3 domestic microwave ovens, 1 large fridge, double sink & drainer etc.

Cloakroom with w.c. & wash hand basin

In addition there is a staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £1,300/£1,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours.

Staff

At present operated by the vendor with the assistance of 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 - 6.30 a.m. - 1 p.m. only
As stated in our opinion there is potential for additional opening hours & for the introduction of lunches, if desired.
THE BUSINESS IS CLOSED ON SATURDAY & SUNDAY

Tenure

We understand the premises are held on a secure renewable lease from a private landlord having approximately 9 years unexpired at a rental of £15,060 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter.

Uniform Business Rates: £710 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £15,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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