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Reference R8409

Café / Restaurant in Hackney Central For Sale

Café / Restaurant in Hackney Central For Sale
Buy a Café / Restaurant in Hackney Central For Sale Sell a Café / Restaurant in Hackney Central For Sale Café / Restaurant in Hackney Central For Sale for Sale Café / Restaurant in Hackney Central For Sale for Sale Café / Restaurant in Hackney Central For Sale for Sale Café / Restaurant in Hackney Central For Sale for Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, densely populated residential & commercial area, E LONDON HACKNEY CENTRAL

Turnover £ 6,000
Price £180,000

Features

Licensed Café / Restaurant

We understand the present owners have a Full On Licence

At present Mediterranean cuisine, which can obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

Front area with tables & chairs. This area is used by the vendor during the summer months & we understand there is a Licence Fee payable of £650.

SPACIOUS RESTAURANT with exposed brickwork to one wall, woodstrip floor, ceiling with ceiling lighting. BAR with 2 hand pumps, 2 group coffee machine, coffee grinder, 3 2-door stainless steel counter fridges, glass washer, electric cash register, sink etc.

LEVEL KITCHEN with stainless steel cladding to walls, 6-burner gas cooker with oven, 1 gas flat grill, 1 single deep fryer, 5 fridges, 1 large deep freezer, 1 small upright deep freezer, double sink & drainer etc.

Small dry goods store

Unisex disabled cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The business is at present operated by a husband & wife team with the assistance of 3 full time staff.

Trading Hours

Summer Months from April - October
10 a.m. - 10 p.m. seven days per week

Winter Months operated 6 days per week 10 a.m. - 10 p.m.
CLOSED ON TUESDAY

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a current rental of £18,000 p.a. exclusive of rates due for rent review at the present time. We further understand the rent reviews are every 5 years.

Uniform Business Rates: £10,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 90,000 (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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