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(REF: R7745)  Attractive Well Fitted Licensed Café Bar & Restaurant
 
Seller Reference: R7745
B4S Reference: 21705
Asking Price: £130,000
Net Profit: Undisclosed
Sales Revenue: £364,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: South London, London, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : Front area with space for 2 tables and 4 chairs (we understand a Licence Fee of £500 p.a. is payable).

Attractive and spacious SINGLE FRONTED RESTAURANT with illuminated sign, woodstrip floor, air conditioning. Wall and ceiling lighting plus spotlighting. Tables and chairs providing seating for 35 persons. Cool display serveover counter with refrigerated storage section, 2 group coffee machine, small fridge, glass washer, small deep freeze, 3-door glass fronted counter fridge. CCTV system with 2 cameras, monitor plus recording.

Level kitchen with tiled floor, stainless steel extractor unit, new 6-burner gas cooker with oven, 2 deep fryers, double panini toaster, dishwasher, 1 new 3-door stainless steel counter fridge, 1 new 2-door stainless steel counter fridge, new upright fridge, 2 upright deep freezes.

Fully tiled customers cloakroom with w.c. and wash hand basin

Stairs to first floor storeroom with 3 small fridges, glass topped chest deep freeze, 1 small deep freeze

Small office

WE ARE INFORMED the turnover averages £7,000 p.w. Gross profit 65/70% approx.

We understand the premises are held on a secure renewable lease having approx. 7 years unexpired at a rental of £22,500 p.a. exclusive of rates up to September, 2010, with rent to be agreed thereafter.

Uniform Business Rates: £4,920 p.a. approx. + water rates (metered)

THIS BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 5 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £130,000 plus STOCK AT VALUATION (£3,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, excellent main road trading position, commercial and residential area, S.W. LONDON
  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 - 9 a.m. - 10 p.m.
Tuesday - Saturday - 9 a.m. - 11 p.m.
Sunday opening - 9 a.m. - 10 p.m.
  Summary of Staffing   
  The business is at present operated by a husband and wife team with the assistance of 4 full time plus 3 part time staff.





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