Business for sale

Business description

Busy road, commercial and residential area, Middlesex

We are informed the turnover averages £1,500/£2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features Forecourt providing parking space for 3 cars

Full Gas Fired Central Heating

DOUBLE FRONTED CAFÉ with ceramic tiled floor. Tables and chairs providing seating for 30 persons. Counter, electronic cash register.

Open plan kitchen area with tiled floor, stainless steel cladding to walls. 2-burner Chinese cooker, 4-burner gas cooker, 2 deep fryers, 4-pot bain marie, 1 fridge, 2 fridge/freezers, double sink and drainer, wash hand basin.

Customers/staff cloakroom with w.c. and wash hand basin

Rear wooden store shed with 4 chest deep freezes, shelving

Staff The business is at present operated by the vendor with the assistance of 1 full time and 1 part time staff.

Opening Hours Monday - Friday inclusive - 7 a.m. - 3 p.m.
Saturday opening - 7 a.m. - 2 p.m.
NO SUNDAY TRADING

Accommodation The accommodation in the form of a SELF CONTAINED FLAT over, with FULL GAS FIRED CENTRAL HEATING, comprises:

1 Double Bedroom
Bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge
Outside Garden at rear

Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £14,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,400 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R8910