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Reference R9548

Licensed Coffee Shop Restaurant in South London For Sale

Licensed Coffee Shop Restaurant in South London For Sale

Register to see map and to make an appointment Occupying excellent trading position, SOUTH WEST LONDON.

Turnover 4,000
Price 35,000

Features

Licensed Coffee Shop / Restaurant (we Understand The Licence Is An On & off Licence)

This Licensed Coffee Shop/Restaurant caters for teas & coffees, all day breakfasts, lunches & evening meals.

SPACIOUS COFFEE SHOP/RESTAURANT with tiled floor. Air conditioning. Potential to reintroduce a seating area, if desired. 2 double door glass fronted counter fridges, counter, 2 group coffee machine, coffee grinder.

LEVEL KITCHEN with 2 stainless steel hoods, 4 deep fryers, 2 griddles, 3-door stainless steel counter fridge, 1 plus 2 door counter fridge, stainless steel fridge, stainless steel deep freezer, double sink & drainer, dishwasher, wash hand basin etc.

Cloakroom with w.. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently in the region of 4,000/5,000 p.w. takeaway & delivery, in our opinion offering terrific potential for further increase in the right hands.

Staff

At present operated by a husband & wife team with 2 full time & up to 10 part time staff as required.

Trading Hours

CLOSED ALL DAY SUNDAY & MONDAY
Tuesday - Saturday inclusive - 5 p.m. - 9 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in March, 2021 at a current rental of 23,500 p.a. exclusive of rates up to the end of the lease, we are advised, to an approved applicant the Landlord is prepared to extend the lease by 10 / 15 years.

Uniform Business Rates: 7,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION

Finance

Subject to status, you maybe able to borrow up to 17,500 (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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