| (REF: R7944) Old Established Café |
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| Seller Reference: |
R7944 |
| B4S Reference: |
21673 |
| Asking Price: |
£88,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£114,400 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South London, London, United Kingdom |
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Nationwide are pleased to offer to the market : Double fronted medium sized CAFÉ with ceramic tiled floor. Tables and chairs providing seating for 36 persons. Upright single door drinks display fridge (owned), cool display serveover counter, additional counter, electronic cash register etc.
Adjoining level kitchen with industrial non-slip floor, stainless steel extractor, large grill, 6-burner gas cooker with double oven, deep fryer, 9-pot bain marie, dishwasher, 1 upright stainless steel deep freeze, 2 stainless steel tables, sink and drainer.
Rear store with potato peeler, additional stainless steel table, shelving etc
Staff/customers cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £2,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st Maym, 2006 showed £105,267 with a gross profit of £75,656.
The landlord, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease at a rental of £16,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
THIS OLD ESTABLISHED CAFÉ HAS BEEN IN THE SAME FAMILY FOR THE PAST 40 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £88,000 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: |
Situated in a parade, excellent main road trading position, LONDON SW |
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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 - 6.30 a.m. - 3 p.m.
Saturday opening - 7 a.m. - 1.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours, if desired |
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The business is at present operated by 2 brothers with the assistance of 1 part time staff. |
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