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Reference R8788

Cafe Coffee Shop in North London For Sale

Register to see map and to make an appointment Situated in an excellent trading position, sought after residential & commercial area NORTH LONDON LOCALITY

Turnover £ 2,000
Price £110,000

Features

Well Fitted Coffee Shop / Café (we Understand The Premises Have A3 Use)

Front area with 2 tables & 6 chairs (can accommodate 2 further tables & chairs, if desired). We understand a Licence Fee is payable.

SPACIOUS COFFEE SHOP/CAFÉ (can be open front - weather permitting). Ceiling with attractive hanging lighting. Brickwork to 1 wall. Tables & chairs providing seating for 28 persons (including 2 armchairs). The Coffee Shop/Café is fully equipped including cool display serveover counter with refrigerated storage section, 2 group coffee machine & coffee grinder (on lease to be taken over), cool cake display cabinet, till with EPOS system, double panini toaster, open cool display unit (for soft drinks).

SMALL LEVEL KITCHEN with large electric grill, 2 commercial microwave ovens, 6-slice toaster, sink & drainer, dishwasher, wash hand basin under-counter fridge, under-counter deep freezer etc.

Small storeroom with chest deep freezer, 1 upright deep freezer

Customers' 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 & with additional opening hours.

Staff

At present operated by a lady vendor with the assistance of 1 full time & 1 part time staff.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 4.30 p.m.
NO SUNDAY TRADING
In our opinion there is potential for Sunday opening if desired

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in June, 2019 at a rental of £22,500 p.a. exclusive of rates.

Uniform Business Rates: £7,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (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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