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Reference R7910

Cafe in Kingston Upon Thames For Sale

Cafe in Kingston Upon Thames For Sale
Buy a Cafe in Kingston Upon Thames For Sale Sell a Cafe in Kingston Upon Thames For Sale

Register to see map and to make an appointment Excellent main road trading position, just off the High Street, SURREY. KINGSTON UPON THAMES

Turnover £ 2,200
Price £60,000

Features

Fully Equipped Café - A3 Use

Covered front area with attractive brickwork. Tables & chairs providing external seating for 12 persons (can be increased to 16 persons)

ATTRACTIVE CAFÉ with tiled floor. Tables & chairs providing seating for 26 persons. Counter with cool display section, 2 group coffee machine, coffee grinder, 1 counter deep freezer.

LEVEL KITCHEN with tiled walls, 2-door stainless steel counter fridge, 3 commercial microwave ovens, dishwasher, 4-burner electric cooker with oven, small deep fryer, fridge/freezer, double sink & drainer etc.

Storeroom with chest deep freezer

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £2,200 p.w. including takeaway in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 68%.

Staff

The business is at present operated by the vendor with the assistance of his partner plus 1 chef & 2 part time waitresses.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 5 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a rental of £13,200 p.a. plus VAT exclusive of rates for the next 1 year with rent to be agreed thereafter.

Uniform Business Rates: £2,000 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

We understand the sale, subject to contract, is to be by way of share transfer of the company.

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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