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Reference R9913

Well fitted Cafe & Coffee Shop in Middlesex For Sale

Well fitted Cafe & Coffee Shop in Middlesex For Sale
Well fitted Cafe & Coffee Shop in Middlesex For Sale Buy a Well fitted Cafe & Coffee Shop in Middlesex For Sale Sell a Well fitted Cafe & Coffee Shop in Middlesex For Sale

Register to see map and to make an appointment Situated in a parade, excellent High Street trading position, residential, office and commercial area, MIDDLESEX.

Price £65,000

Features

Well Fitted Cafe / Coffee Shop - Full A3 (closed)

5 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 835 ft² WITH ELECTRIC SHUTTERS. CENTRAL HEATING. Tiled floor, ceiling with spotlights. Tables and chairs providing seating for 45 persons. Sales counter, cool display counter with refrigerated storage section, menu board, cash register. CCTV, etc.

OPEN PLAN KITCHEN. Stainless steel extractor unit, grill, 2-pan deep fryer, fridges, freezers, dishwasher, gas cooker, preparation table, microwave oven.

Ladies' & Gentlemen's toilet with w.c. and wash hand basin.

Small stockroom

Turnover

WE ARE INFORMED by the owner when trading, the turnover average £2,000 p.w. with a gross profit of 65% approx. on a 5 day week.

Trading Hours

When tading. 5 Day week
MONDAY - FRIDAY 8am - 2pm

Accommodation

THE SELF CONTAINED ACCOMMODATION Flat with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,700 per month

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

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2012 with reviews every 5 years (next review 2027) at a current rent of £26,000 p.a. (As will be appreciated with the current rent of £20,400 from the accommodation, the net rent payable at the present time is only £5,600 p.a).

Business Rates from April 2021 £2,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (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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