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Reference R8676

Deli / Café in North London For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position,N LONDON

Turnover £ 8,500
Price £130,000

Features

Attractive Café / Delicatessen

Front area with space for 2 tables & 4 chairs

SPACIOUS SINGLE FRONTED CAFÉ/DELICATESSEN in the region of 1,000 sq. ft. with woodstrip floor. 3 air conditioning/heating units. Tables & chairs providing seating for 48 persons. Delicatessen cool display counter (on lease), 2 open cool display units (on lease), 2 group coffee machine (on lease), electronic cash register (on lease).

KITCHEN AT REAR with electric 8-burner cooker with 2 ovens, hotplate, grill, 3 2-door stainless steel counter fridges, single sink & drainer, dishwasher etc.

Disabled/ladies' cloarkroom with w.c. & wash hand basin plus baby changing facilities
Gentlemen's cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of £6,000 - £8,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by the vendor with the assistance of 2 chefs plus 1 kitchen porter plus 2 full time & 2 part time staff café area.

Trading Hours

Monday - Thursday inclusive - 9 a.m. - 5 p.m.
Friday - 8 a.m. - 6 p.m.
Saturday - 9 a.m. - 6 p.m.
Sunday - 9.30 a.m. - 4.30 p.m.

Outside

Small yard
Storeshed

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £30,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £13,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (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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