| (REF: R1028) Profitable Café/Restaurant & Sandwich Bar |
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| Seller Reference: |
R1028 |
| B4S Reference: |
21543 |
| Asking Price: |
£175,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£312,000 |
| 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 : Front area with space for 10 tables and 20 chairs to -
SPACIOUS DOUBLE FRONTED CAFÉ/RESTAURANT. Ceiling with inset lighting. Feature brick wall to rear. Tables and chairs providing seating for 35/40 persons. Counter, upright open cool display unit for soft drinks/water (on loan from Coca Cola), stainless steel upright glass fronted display unit (for bagettes, cakes etc), cool display salad bar, 2 group coffee machine, coffee grinder, panini toaster, 2 domestic microwave ovens, 2 fridges, 2 deep freezes etc.
Level wash-up area/kitchen with dishwasher, large single sink and drainer, upright stainless steel fridge, 1 2-door stainless steel counter fridge, 1 3-door stainless steel counter fridge, 6-burner gas cooker, electric oven etc.
Customers cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £5,000/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.
The lease in respect of the main business we understand is for a period of 20 years from June, 2009 at a rental of £24,000 p.a. exclusive of rates up to June, 2012, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £6,300 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 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: |
Excellent trading position, residential and office area, 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 inclusive - 8 a.m. - 7 p.m.
Saturday & Sunday - 9 a.m. - 5 p.m. |
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The business is at present operated by the vendor on a full time basis with the assistance of 1 full time manager plus 3 full time and 2 part time staff. Wages paid in the region of £1,200 p.w. |
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