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Reference R7961

Cafe & Coffee Shop in West Norwood For Sale

Register to see map and to make an appointment Situated end of parade, occupying a corner position, main road, SE LONDON WEST NORWOOD

Turnover £ 2,000
Price £42,000

Features

Café / Coffee Shop

SINGLE FRONTED PREMISES with tiled floor. Tables & chairs providing seating for 42 persons. Counter, 2 group coffee machine, coffee grinder, microwave oven, upright glass fronted drinks display fridge (on loan from Coca Cola).

KITCHEN AT REAR with 1 fridge, 2 deep freezers, 4-burner gas cooker, double deep fryer, grill, microwave oven etc.

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

Turnover

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering furthe potential to increase in the right hands.

Staff

At present operated by the vendor with the assistance of his partner.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 2.30 p.m.
Saturday opening - 7 a.m. - 1.30 p.m.

Outside

Yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £15,000 p.a. exclusive of rates up to April, 2018 with rent to be agreed thereafter.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 8 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £42,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 21,000 (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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