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Reference R8493

Cafe and Fast Food Restaurant in South London For Sale

Cafe and Fast Food Restaurant in South London For Sale
Cafe and Fast Food Restaurant in South London For Sale Buy a Cafe and Fast Food Restaurant in South London For Sale Sell a Cafe and Fast Food Restaurant in South London For Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential & commercial area SE LONDON

Turnover £ 3,500
Price £125,000

Features

Well Fitted Café

Electric shutters to SINGLE FRONTED CAFÉ, suspended ceiling with LED lighting. Quality tables & chairs providing seating for 40 persons. Cool display counter with rear storage section, 2 group coffee machine, single door glass fronted fridge (on loan from Coca Cola).

REAR KITCHEN area with extractor system, Garland 3-burner gas griddle, Falcon 4-burner gas cooker, electric double deep fryer, panini toaster, 3-pot bain marie, Lincat water boiler, 1 double sink & drainer, 1 single sink etc.

Half tiled ladies' & gentlemen's cloakrooms each with w.c. plus shared wash hand basin

Turnover

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase, especially with Sunday opening, if desired.

Staff

The Café is at present operated by the vendor with the assistance of 3 staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Operated 6 days per week Monday - Saturday inclusive - 6.45 a.m. - 3.30 p.m.
NO SUNDAY TRADING

Outside

Small shared yard at rear

Tenure

We understand the landlord, subject to satisfactory references, is prepared to grant a new 20/25 years lease at an initial rental of £13,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (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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