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Reference R9748

Coffee Shop & Meze Grill in West London For Sale

Coffee Shop & Meze Grill in West London For Sale
Coffee Shop & Meze Grill in West London For Sale Buy a Coffee Shop & Meze Grill in West London For Sale Sell a Coffee Shop & Meze Grill in West London For Sale Coffee Shop & Meze Grill in West London For Sale for Sale Coffee Shop & Meze Grill in West London For Sale for Sale Coffee Shop & Meze Grill in West London For Sale for Sale Coffee Shop & Meze Grill in West London For Sale for Sale Coffee Shop & Meze Grill in West London For Sale for Sale Coffee Shop & Meze Grill in West London For Sale for Sale

Register to see map and to make an appointment End of terrace property, excellent main road trading position, residential, office and commercial area, WEST LONDON

Turnover 10,500
Price 199,500

Features

Coffee Shop & Meze Charcoal Grill Restaurant

Tables and Chairs alfresco seating to the front for 14 people, sheltered by awning.

DOUBLE FRONTED PREMISS with gas fired central heating throughout. Non-slip vinyl floor, plaster board ceiling with pendant and wall lights. Stainless steel extractor unit. Touch screen till, 2m display fridge, upright drinks fridge, stainless steel counter, 4m charcoal grill, wash hand basin, commercial dishwasher, 4 group coffee machine, coffee grinder, panini machine, blender. CCTV with 8 cameras,

Disabled toilet with baby changing facility.

Storeage area, fridges, staff room.

Internalised Stables to rear (heated - central heating) tables and chairs seating 46 people

Door to forecourt (shared with the pub next door not for customers).

Stairs to basement / preparation area.

Tube light lighting, industrial non slip floor. Stainless steel preparation table, meat mincer, blender, double sink with basin, ovens, microwaves, upright fridges, upright freezers, wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages 10,500 p.w. with a gross profit of 60% approx.

Staff

The business is at present operated by the Manager with 6 full time staff employed. with the assistance of 3 part time staff
We are informed the wage bill averages 3,750p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY inclusive 7am - 11pm
SUNDAY 9am - 11pm

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the side of the premises with Electric Heaters, at present let on a shorthold tenancy providing a rental income of 15,000 p.a. The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Fitted Kitchen
Lounge
Bathroom with bath, w.c. and wash hand basin

Outside

Shared courtyard to rear for staff, not suitable for customers.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from Fullers, granted for 20 years in 2020 with reviews every 5 years (next review 2025) at a current rent of 28,000 p.a. (As will be appreciated with the current rental from the accommodation of 15,000 p.a. the net rental payable at the present time is only 13,000 p.a).

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 199,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 99,750 (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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