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Reference R9750

Cafe Restaurant in Harrow For Sale

Cafe Restaurant in Harrow For Sale
Buy a Cafe Restaurant in Harrow For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, MIDDLESEX HARROW

Turnover £ 4,500
Price £40,000

Features

Profitable Café / Restaurant

Front area with 4 tables and 16 chairs (can be increased)

MODERN CAFÉ/RESTAURANT we understand the shop front can be fully opened (weather permitting). Well fitted Café/Restaurant with ceramic tiled floor, suspended ceiling with concealed lighting. Tables and chairs providing seating for 76 persons. Counter, electronic cash register, 3 group coffee machine, coffee grinder, Taylors ice cream machine.

Open plan kitchen area, large grill, 3 deep fryers, 2 commercial plus 2 domestic microwave ovens, stainless steel table, 4 fridges, 1 chest deep freeze, 1 upright deep freeze, double sink and drainer, dishwasher.

Stairs to first floor which also has rear access. At present these 2 rooms are let on shorthold tenancies & provide a total rental income of £170 p.w.

Ladies' and gentlmen's cloakrooms each with w.c. plus shared wash basin
Staffroom/changing room

Turnover

WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. plus deliveries recently introduced. In our opinion the business offers tremendous potential for further increase in the right hands. Gross profit 65% approx.

Staff

The business is at present operated by the vendor with the assistance of his wife plus 3 full time, 3 part time and 1 Saturday girl. Wages paid in the region of £1,200 p.w.

Trading Hours

Monday - Saturday inclusive - 8.30 a.m. - 7 p.m.
Sunday opening - 10 a.m. - 7 p.m.

Accommodation

On the second floor is a self contained STUDIO FLAT. The studio flat, comprises:

Living Room/Bedroom
Shower room with shower, w.c. and wash hand basin
Kitchen

The vendor says the accommodation could be sublet and would provide an income iro of £130 p.w.

Outside

Parking space for 2 cars

Tenure

We understand the premises are held on a secure renewable lease for a period of 15 years from May, 2012 at a current rental of £46,000 p.a. exclusive of rates until January 2019 increasing at that time to £46,500 p.a., with rent to be agreed thereafter.

Uniform Business Rates: £18,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

Price

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (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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