« Search more Cafes for sale in South London
Reference R8821

Cafe in South London For Sale

Cafe in South London For Sale
Cafe in South London For Sale Buy a Cafe in South London For Sale Sell a Cafe in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential & commercial area, SE LONDON

Turnover £ 1,400
Price £70,000

Features

Attractive well Fitted Licensed Café / Restaurant (catering For Breakfasts, Lunches, Sandwiches, Pastries, Teas & Coffees)

Space in front of the Café/Restaurant for 6 tables & 12 chairs

DOUBLE FRONTED LICENSED CAFÉ/RESTAURANT with double door, quality tiled floor, ceiling with inset lighting. Tables & chairs providing seating for 26 persons. Cool display serveover counter, cake cool display unit, 2 group coffee machine, coffee grinder, toaster, glass topped counter fridge (used for beers).

LEVEL KITCHEN with 6-burner gas cooker with oven, double deep fryer, 3-door stainless steel counter fridge, 2 commercial & 3 domestic microwave ovens, upright glass fronted fridge, 2 counter deep freezers etc.

Customers' cloakroom with w.c. & wash hand basin

Access to cellar with 4 chest deep freezers

Turnover

WE ARE INFORMED the turnover is currently in the region of £1,400 p.w. in our opinion offering tremendous potential for further development in the right hands.

Staff

The business is at present operated by the vendor on a part time basis with the assistance of his wife on a full time basis plus 1 full time & 2 part time staff employed.

Trading Hours

Monday - Thursday inclusive - 7.30 a.m. - 5.30 p.m.
Friday - 7.30 a.m. - 8 p.m.
Saturday - 8.30 a.m. - 8 p.m.
Sunday - 10.30 a.m. - 4 p.m.

Outside

Attractive covered paved garden at rear with tables & chairs providing seating for 30 persons.
Parking space for 1 car

Tenure

We understand the premises are held on a secure renewable lease for a period of 10 years from the 22nd October, 2018 at a rental of £18,000 p.a. exclusive of rates up to the 22nd October, 2021 with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

« Search more Cafes for sale in South London

Buy a Cafe in South London For Sale on NationwideBusinesses.co.uk