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Reference R9240

Cafe Restaurant in West London For Sale

Register to see map and to make an appointment Situated in a parade, busy road, office & commercial area WC LONDON

Turnover £ 6,000
Price £160,000

Features

Well Established Licensed Café / Restaurant

Front area with space for 1 table & 2 chairs

SINGLE FRONTED CAFÉ/RESTAURANT with quality tiled floor. Attractive brickwork to 2 walls. Air conditioning. Tables & chairs providing seating for 30 persons. Cool display serveover counter, 3 group coffee machine, coffee grinder, stainless steel extractor, griddle, Valentine double deep fryer, 2 commercial microwave ovens, panini machine, toaster, sink, dishwasher, open cool display unit.

Stairs to basement area tiled ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

KITCHEN with dumb waiter to ground floor. Tiled floor, walk-in coldroom, chest deep freezer, 3 stainless steel tables, gravity feed slicer, stainless steel extractor, 6-burner gas cooker, Blue Seal electric oven, microwave oven etc.

Turnover

WE ARE INFORMED the turnover averages £6,000 p.w. in respect of the Café & Takeaway, in our opinion there is potential to introduce deliveries, if desired. Gross profit 65% approx.

Staff

The business is at present operated by the vendor with the assistance of 4 full time staff.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 5 p.m.
Saturday opening - 8 a.m. - 3 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a 10 years lease from March, 2019 at a rental of £25,000 p.a. exclusive of rates up to March, 2024 with rent to be agreed thereafter.

Uniform Business Rates: £4,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 80,000 (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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