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Reference R6065

Cafe Restaurant in Catford For Sale

Cafe Restaurant in Catford For Sale
Buy a Cafe Restaurant in Catford For Sale Sell a Cafe Restaurant in Catford For Sale

Register to see map and to make an appointment Situated in a parade, busy road, densely populated residential area, SE LONDON CATFORD

Turnover £ 2,800
Price £69,500

Features

Well Established Café

NO PARKING PROBLEMS

Front area with space for up 4 tables and up to 16 chairs to -

SINGLE FRONTED CAFÉ with tiled floor, fluorescent lighting. Tables & chairs providing seating for 40 persons. Counter, upright glass fronted drinks fridge. CCTV system with 3 cameras, monitor & recording.

LEVEL KITCHEN the tiled walls plus stainless steel cladding to walls (cooking area), stainless steel extractor, double deep fryer, griddle, 4-burner gas cooker, 3 microwave ovens, 4-pot bain marie, hotwater boiler, deep freezer plus 1 small deep freezer, stainless steel fridge, 2 fridges, double sink & drainer.

Half tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £2,800 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The Café is at present operated by the vendor on a full time basis with the assistance of his wife. In addition there is 1 full time & 1 part time staff employed.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 5 p.m.
Sunday opening - 8.30 a.m. - 4 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 14½ years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 1½ years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable 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 £69,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 34,750 (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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