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Reference R7726

Café Restaurant in Edgware For Sale

Café Restaurant in Edgware For Sale
Buy a Café Restaurant in Edgware For Sale Sell a Café Restaurant in Edgware For Sale Café Restaurant in Edgware For Sale for Sale Café Restaurant in Edgware For Sale for Sale Café Restaurant in Edgware For Sale for Sale Café Restaurant in Edgware For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, MIDDLESEX EDGWARE

Turnover £ 2,400
Price £69,500

Features

Superbly Fitted Licensed Café / Restaurant

At present Italian, Rumanian & French dishes, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

ATTRACTIVE SINGLE FRONTED RESTAURANT with non-slip floor, high ceiling with hanging lighting. Quality tables & leather seats for 40 persons. ATTRACTIVE BAR with 2 group coffee machine, coffee grinder, sink, 1 double door glass fronted drinks fridge.

Customers' cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with non-slip floor, tiled walls, stainless steel extractor system, 4-burner electric cooker, 2-burner hob, single deep fryer, 2 fridges, 1 deep freezer, single sink & drainer, wash hand basin etc.

Turnover

WE ARE INFORMED the turnover averages £2,400 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The restaurant is at present operated by the owner on a part time basis with the assistance of 2 chefs plus 2 waitresses.

Trading Hours

Sunday - Thursday inclusive - 7 p.m. - 11 p.m.
Friday & Saturday - 7 p.m. - 1 a.m.

Outside

Parking space for 1 car.
Garage used for storage purposes

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 2½ years unexpired at a rental of £18,000 p.a. exclusive of rates, fixed for the remainder of the term. We understand from the present tenant that the landlord, subject to satisfactory references will consider a new longer lease at terms and rent to be agreed.

Uniform Business Rates: £4,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 34,750 (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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