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(REF: R2888)  Well Equipped Cafe/Coffee Shop (We Understand The Premises Have A1 Use)
 
Seller Reference: R2888
B4S Reference: 29801
Asking Price: £20,000
Net Profit: Undisclosed
Sales Revenue: £41,600
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: East London, London, United Kingdom
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Similar business types:
Cafe Bars For Sale in East London   |  Cafe Bars For Sale in East London
  Business Summary   
  Nationwide are pleased to offer to the market : SINGLE FRONTED MEDIUM SIZED PREMISES well fitted including ceramic tiled floor. Tables and chairs providing seating for 16 persons. Cool display serveover counter, 3 group coffee machine, coffee grinder, panini toaster.

KITCHEN AREA with 2 sinks, 4 fridges, 3 upright deep freezes etc.

Customers cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £800 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the landlord, subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £10,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £300 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, residential and commercial area, LONDON, E
  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 - Friday inclusive - 10 a.m. - 3 p.m.
NO SATURDAY AND SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.
  Summary of Staffing   
  At present staff operated. 1 full time staff employed.





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