Cafe and Fast Food Restaurant in Croydon For Sale

Situated main road trading position, SURREY CROYDON

Turnover £ 1,400
Price £32,500

Features

Well Established Café

SINGLE FRONTED CAFÉ with tiled floor, ceiling with concealed lighting. Tables & chairs providing seating for 24 persons. Upright glass fronted drinks fridge, cool display serveover counter, with refrigerated storage section, 2 group coffee machine plus coffee grinder (both on lease to be taken over), 2 counter deep freezers.

REAR OPEN PLAN KITCHEN with tiled floor, 6-burner gas cooker with oven, double deep fryer, 2-burner gas griddle, stainless steel extractor system, 3-pot bain marie, double sink & drainer, 1 commercial microwave oven, 1 domestic microwave oven, 4-slice toaster, work surfaces etc.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £1,400 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

At present operated by the vendor with the assistance of 1 part time staff plus 1 full time waitress.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 4 p.m.
Sunday opening 7 a.m. - 3 p.m..

Tenure

We understand the premises are held on a secure renewable lease for a period of 15 years from April, 2008 at a rental of £8,760 p.a. exclusive of rates for the remainder of the term. We are advised, by the Vendor, the Landlord is prepared to extend the lease to an approved applicant.

Unform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOOWILL, FIXTURES & FITTINGS £32,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 16,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote