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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

Price £40,000

Features

Café / Sandwich Bar Camden Town (catering For Teas, Coffees, Sandwiches) Closed We Understand Since Christmas, 2019, However In Our Opinion offering Terrific Potential For Development In The Right Hands

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, 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 UNDERSTAND the Café has been closed since Christmas 2019, however in our opinion offers tremendous potential for development in the right hands.

Trading Hours

When trading
Monday - Friday inclusive - 7 a.m. - 4 p.m.
CLOSED SATURDAY & SUNDAY

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.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (WE UNDERSTAND THE PROPOSED SALE IS TO BE BY WAY OF SHARE TRANSFER OF THE COMPANY)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (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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