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Reference R7876

Cafe in Fulham For Sale

Cafe in Fulham For Sale
Buy a Cafe in Fulham For Sale Sell a Cafe in Fulham For Sale Cafe in Fulham For Sale for Sale Cafe in Fulham For Sale for Sale

Register to see map and to make an appointment Occupying a corner position, excellent main road trading position, residential, office & commercial area SW LONDON FULHAM

Turnover £ 5,000
Price £115,000

Features

Aprofitable Licensed A3 / Café Located On An Excellent Corner Position On The Main Road

DOUBLE FRONTED RESTAURANT/CAFÉ laminated strip floor. Tables & chairs providing seating for 40 persons (can be increased to accommodate 48 persons, if desired). Counter, computerised till (on rental agreement to be taken over), 2 group coffee machine (on lease agreement to be taken over).

BASEMENT KITCHEN with tiled floor & tiled walls. The equipment includes stainless steel extractor with stainless steel cladding to walls (cooking area), 2 commercial microwave ovens, 6-burner gas cooker with oven, gas grill, hot cupboard, double panini toaster, 3-door stainless steel counter fridge, double sink, wash hand basin etc.

Ladies' & gentlemen's cloakrooms each with w.c. (shared wash basin)

Storeroom/office with 3 fridges & 3 deep freezers

Turnover

We are advised the turnover is currently around £240-£260,000 incl VAT annually. Can be significantly increased or even doubled with evening opening or extended opening hours.

We are further advised that the gross profit is in the region of 60/65%.

Staff

At present operated by the vendor with the assistance of 1 full time chef plus 2 part time.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 4 p.m.
Sunday opening - 9 a.m. - 4 p.m.

Outside

Small Yard

Tenure

We understand the premises are held on a new 12 years lease from September, 2015 at a rental of £21,000 p.a. exclusive of rates up to September, 2019 with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £9,320 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 inclusive STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 57,500 (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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