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Reference R8810

Cafe in North London For Sale

Cafe in North London For Sale
Cafe in North London For Sale Buy a Cafe in North London For Sale

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

Turnover £ 2,000
Price £55,000

Features

Café / Restaurant

SINGLE FRONTED CAFÉ/RESTAURANT with tiled floor, fluorescent lighting. Tables & chairs providing seating for 28 persons. Counter, 2 group coffee machine, coffee grinder, electronic cash register.

OPEN PLAN KITCHEN with stainless steel extractor, stainless steel cladding to walls, 4-burner gas cooker with oven, 2 single deep fryers, 2 commercial plus 1 domestic microwave ovens, 1 fridge, 1 upright glass fronted Coca Cola fridge, 1 deep freezer, single sink & drainer etc.

Storeroom with 2 deep freezers

Basement (not used at present)

Turnover

WE ARE INFORMED the turnover is in the region of £2,000/£2,400 p.w. including takeaway with slight deliveries in the local area.

Staff

At present operated by the vendor with the assistance of a relative.

Trading Hours

Operated Monday - Saturday inclusive 6.30 a.m. - 4 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 7¾ years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 3¾ years with rent to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 27,500 (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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