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(REF: R1990)  Licensed Café/Bistro
 
Seller Reference: R1990
B4S Reference: 20180
Asking Price: £89,950
Net Profit: Undisclosed
Sales Revenue: £140,400
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: North London, London, United Kingdom
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Similar business types:
Cafe Bars For Sale in North London   |  Cafe Bars For Sale in North London
  Business Summary   
  Nationwide are pleased to offer to the market : SINGLE FRONTED LICENSED CAFÉ/BISTRO with woodstrip floor, ceiling lighting. Air conditioning. Tables and chairs providing seating for 40 persons.

Stairs to basement

Ladies and gentlemens cloakrooms each with w.c. and wash hand basin

Large kitchen with dumb waiter to ground floor restaurant, non-slip floor. The equipment includes 6-burner gas cooker with double oven, charcoal grill, flat grill, 1 walk-in coldroom, 2 fridges, 1 upright deep freeze, 1 chest deep freeze, double sink and drainer etc.

WE ARE INFORMED the turnover averages £2,700/£3,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.

We understand the premises are held on a new 12 years full repairing and insuring lease at a rental of £17,800 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £4,200 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £89,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Small yard at rear
 
  Location: Situated in a parade, excellent main road trading position, opposite Underground Station, LONDON, N
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 9 p.m.
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of 1 full time plus 1 part time, in addition the vendor has some family help.





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