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Reference R8141

Workmans Cafe in South London For Sale

Register to see map and to make an appointment Situated in a terrace, densely populated residential area SE LONDON

Price £130,000

Features

Well Established Workmans' Café

Forecourt with benches plus chairs & tables providing seating for approximately 14 persons to -

SPACIOUS DOUBLE FRONTED CAFÉ with tiled floor, suspended ceiling with concealed lighting. Tables & chairs providing seating for 52 persons. Counter, 2 group coffee machine, coffee grinder (owned), electronic cash register, hotwater boiler.

LARGE LEVEL KITCHEN with quarry tiled floor, plastic cladding to walls, large gas Falcon grill, double deep fryer, 2-pot bain marie, 6-burner gas cooker with oven, 3 commercial microwave ovens, stainless steel tables, 1 under-counter fridge, 1 under-counter deep freezer, dishwasher, 1 upright stainless steel deep freezer, 1 upright stainless steel fridge, chest deep freezer, double sink & drainer etc.

Fully tiled customers' cloakroom with w.c. & wash hand basin

Turnover

WE UNDERSTAND the vendor enjoys a good turnover, full details of which will be discussed upon inspection.

Staff

At present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

Operated 5 days per week Monday - Friday inclusive - 6.30 a.m. - 2.30 p.m.
CLOSED SATURDAY & SUNDAY
It will be appreciated upon inspection that there is terrific potential for additional opening hours & indeed for opening at weekends, if desired.

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease expiring in March, 2022 at a current rental of £13,000 p.a. exclusive of rates for the remainder of the term.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

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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