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Reference R6233

Cafe and Fast Food Restaurant in Greenwich For Sale

Cafe and Fast Food Restaurant in Greenwich For Sale
Buy a Cafe and Fast Food Restaurant in Greenwich For Sale Sell a Cafe and Fast Food Restaurant in Greenwich For Sale

Register to see map and to make an appointment Excellent main road trading position, sought after SOUTH EAST LONDON GREENWICH

Turnover £ 3,000
Price £85,000

Features

Well Fitted Licensed Café

Front car park area (not owned by the Café) providing parking for 25/30 cars

SPACIOUS DOUBLE FRONTED PREMISES with commercial wood floor, ceiling & wall lighting. Tables & chairs providing seating for 35 persons plus inside childrens' play area to rear of cafe. Cool display serveover counter, 2 group coffee machine (owned), coffee grinder (on loan), upright glass fronted display fridge, glass fronted under-counter fridge.

OPEN PLAN LEVEL KITCHEN with tiled floor, part tiled walls, stainless steel extractor system, Salamander grill, 4-burner electric oven, Bake-off oven, upright deep freezer, 2 under-counter deep freezers, under-counter fridge, double sink & drainer, dishwasher, wash hand basin etc.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by a lady vendor with the assistance of 4 full time & 3 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

7.30 a.m. - 4.30 p.m. seven days per week
The business also operates a Pop-Up Restaurant once a month on a Friday opening from 6 p.m. - 10 p.m. however the Pop-Up Restaurant does not operate in the months of December, January & August

Tenure

We understand the premises are held on a secure renewable lease, having 9 years unexpired at from March, 2016 at a rental of £22,000 p.a. exclusive of rates up to March, 2017 with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £4,374 p.a.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (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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