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Reference R8835

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

Register to see map and to make an appointment Situated in a parade, busy road, SE LONDON

Turnover £ 2,000
Price £75,000

Features

Fully Equipped well Established Café

The Café has been in the same hands for the past 32 years & there are genuine reasons for sale.

Front area with space for 2 tables & 6 chairs

Electrict shutters to SINGLE FRONTED CAFÉ with quality tiled floor, fluorescent lighting. Tables & chairs providing seating for 44 persons. Upright glass fronted fridge, small cool display serveover counter, additional counter, cash register, Bean-to-Cup coffee machine, electric hotwater boiler, 1 chest deep freezer, 2 upright deep freezers.

LEVEL KITCHEN with lino floor, 10-burner gas cooker with 2 ovens, 2 table top deep fryers, 1 fridge, double sink & drainer, gravity feed slicer etc.

Cloakroom with w.c. & wash and basin

Turnover

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering terrific potential to increase, especially with additional opening hours, if desired.

Staff

At present operated by a husband & wife team with the assistance of 2 part time staff plus 1 Saturday girl.

Trading Hours

Monday - Friday inclusive - 7.30 a.m. - 2.30 p.m.
Saturday opening - 8.30 a.m. - 1.30 p.m.
NO SUNDAY OPENING

Outside

Yard at rear with storeshed

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates at present we understand only £500 p.a. after small bisiness relief

AS STATED THE CAFÉ HAS BEEN IN THE SAME HANDS FOR THE PAST 32 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (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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