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Reference R8456

Cafe Restaurant in North London For Sale

Cafe Restaurant in North London For Sale

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

Turnover £ 3,000
Price £85,000

Features

Well Established Café

Service road in front of parade.

DOUBLE FRONTED CAFÉ with tiled floor, ceiling with concealed lighting. Tables & chairs providing seating for 42 persons.

OPEN PLAN KITCHEN with tiled floor, stainless steel extractor system, 4-burner gas cooker, gas grill, double deep fryer, 1 large chest deep freezer, 1 small deep freezer, stainless steel salad fridge, upright stainless steel freezer, 2 upright stainless steel fridges, double sink & drainer, dishwasher etc.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by the vendor with the assistance of 2 full time plus 1 part time staff.

Trading Hours

Monday - Friday inclusive - 6.30 a.m. - 3 p.m.
Saturday opening - 7 a.m. - 2.30 p.m.
NO SUNDAY TRADING

Outside

Yard at rear.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £11,500 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £8,200 p.a. approx.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (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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