| (REF: R3212) Well Established Cafe/Sandwich Bar With A3 Use |
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| Seller Reference: |
R3212 |
| B4S Reference: |
32511 |
| Asking Price: |
£25,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£67,600 |
| Number of Staff: |
3 |
| 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 : SPACIOUS FRONT AREA with space for tables and chairs for 16 persons.
SINGLE FRONTED CAFÉ/SANDWICH BAR, woodstrip floor, ceiling lighting. Tables and chairs providing seating for 28 persons. Counter, electronic cash register, 3 group coffee machine, coffee grinder, panini toaster.
LEVEL OPEN PLAN KITCHEN with grill, single deep fryer, pizza oven, 1 3-door stainless steel counter fridge, 1 deep freeze etc.
Cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £1,300 p.w. in our opinion offering tremendous potential for further increase in the right hands.
We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £18,000 p.a. exclusive of rates, due for rent review at the present time, and we further understand the rent reviews are every 3 years. (As will be appreciated with the total rental income at the present time from the accommodation over being £17,940, the net rental payable at the present time is only £60 p.a).
Uniform Business Rates: £1,200 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 6 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The accommodation in the form of a SELF CONTAINED MAISONETTE over, comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen
We are advised by the present owner that 4 of the rooms are currently let on shorthold tenancies and provide a total rental income at the present time of £345 per week, however, we understand that vacant possession can be given on completion, if required.
Large yard with storeshed and with parking space for approximately 3 cars. |
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Location: |
Situated in a parade, close to main road, residential area with 2 schools nearby, S LONDON |
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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 - 7 a.m. - 2.30 p.m.
Thursday & Friday re-opening in the evening from 5.30 p.m. - 10 p.m.
Saturday opening - 9 a.m. - 2 p.m. & 5.30 p.m. - 10 p.m.
NO SUNDAY TRADING |
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The business is at present operated by a husband and wife team with the assistance of 1 full time chef. |
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