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Reference R9203

Cafe & Sandwich Bar in North London For Sale

Cafe & Sandwich Bar in North London For Sale

Register to see map and to make an appointment Situated in a parade, busy road, NW LONDON

Turnover £ 2,000
Price £45,000

Features

Café (catering For Teas, Coffees, Sandwiches)

We understand the premises have A1 use & is presently operated as a Vegan Cafe

Front area with space for tables & chairs

MODERN SHOP FRONT to the CAFÉ with tables & chairs for 12 persons. Counter, 2 group coffee machine, coffee grinder, drawer till with printer.

PREPARATION AREA with sink, dishwasher, panini toaster, 1 3-door stainless steel counter fridge etc.

Small storage area
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 65%.

Staff

Operated by the vendor on a very part time basis with 2 full time staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 4 p.m.
CLOSED SATURDAY & SUNDAY
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.

Tenure

We understand the premises are held on a secure renewable Council lease, the present lease having approximately 13 years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter after the following 5 years.

Uniform Business Rates: £4,521.12 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (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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