| (REF: R1025) Spacious Well Equipped Café/Restaurant. |
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| Seller Reference: |
R1025 |
| B4S Reference: |
21542 |
| Asking Price: |
£127,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£208,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Central London, London, United Kingdom |
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Nationwide are pleased to offer to the market : Spacious DOUBLE FRONTED CAFÉ/RESTAURANT with double door, woodstrip floor, high ceiling with fluorescent lighting. Tables and chairs providing seating for 45 persons can be increased. Fully equipped including 2 cool display serve-over counters, open stainless steel cool display unit (for soft drinks and juices), open stainless steel cool display unit, cool display counter unit with 10 separate units for display, large counter hot display unit comprising 4 large sections plus 2 small sections, 4 hotpot stainless steel display unit, electronic cash register, double panini toaster, 3 Group coffee machine, stainless steel work surface, 1 small white fridge, juice machine, 2 microwave ovens.
Stairs to basement providing large kitchen with ceramic tiled floor, 2 double burner hobs, 3 stainless steel tables, upright fridge, deep fryer, dishwasher, double sink and drainer, wash hand basin, etc.
Storage area with upright double-door display fridge, chest deep freeze.
Customers cloakroom with w.c. and wash hand basin.
WE ARE INFORMED the turnover averages £4,000 p.w., in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65%/70% approx.
WE UNDERSTAND the premises are held on a secure renewable lease, the present lease having approx. 15 years unexpired, at a rental of £22,000 p.a. excl. of rates for the next 2 years, with rent review at that time and thereafter every 4 years.
Uniform business rates: £8,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED,
MUST BE SEEN TO BE FULLY APPRECIATED.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £127,500 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, excellent trading position, LONDON, EC. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Friday, 7 a.m. - 3 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY. |
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The business is at present operated by the owner, with the assistance of 2 full time staff. |
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