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Reference R8844
Situated in a parade, busy road, commercial & residential area with offices plus school nearby, NORTH LONDON CANONBURY
Turnover £ 2,000
Price
£60,000
Features
Well Equipped Café (we Understand The Premises Have A1 Use)
PAY & DISPLAY PARKING IN FRONT OF PARADE
Electric shutters to ATTRACTIVE DOUBLE FRONTED CAFÉ in the region of 600 ft². Full Gas Fired Central Heating, quality woodstrip floor, attractive brickwork to 1 wall, hanging lighting. Tables & chairs providing seating for 24 persons. Cool display serveover counter, 3 microwaves, 2 group coffee machine, coffee grinder, panini toaster, electronic cash register, juice machine, milkshake machine, counter fridge etc.
Cloakroom with w.c. & wash hand basin
Stairs to spacious basement in the region of 330ft² PREPARATION KITCHEN AREA with stainless steel extractor, 4-burner gas hob, 3 small electric ovens, 1 microwave oven, 3 uprght deep freezers, 3 fridges, double sink & drainer.
Turnover
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further development in the right hands.
The turnover is in respect of the café area plus takeaway & in our opinion there is potential to introduce deliveries, if desired.
Staff
The Café is at present operated by a lady vendor with the assistance of her sister & daughter.
Trading Hours
Operated 6 days per week Monday - Saturday inclusive - 7 a.m. - 5 p.m.
NO SUNDAY TRADING
We understand the Café is closed for 2 weeks at Christmas plus 1 week at Easter.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2006 with reviews every 5 years (next review 2026) at a current rent of £13,500 p.a.
Landlord happy to grant a new 20 year lease
Uniform Business Rates: Nil payable after small business relief
OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL FITTED CAFÉ IN THIS EXCELLENT TRADING POSITION
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 30,000 (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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