Business for sale

Business description

Location this business is located in central london.

Turnover we are informed the turnover averages £2,500 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

Price to include the secure lease, goodwill, fixtures & fittings £75,000 plus stock at valuation
substantial loan to an approved applicant

Features front paved area with space for 2 tables and 4 chairs

Café with tiled floor, suspended ceiling with inset lighting. 4 Tables plus 9 chairs. Menu board. Cool display curved counter with refrigerated storage section, 2 group coffee machine, coffee grinder, double panini toaster, 2 domestic microwave ovens, electronic cash register.

Rear wash-up area with 3-door stainless steel counter fridge, double sink and drainer, wash hand basin

Stairs to large basement providing large store area with 2 chest deep freezes, racking. In addition, there is a shower room with shower, w.c. And wash hand basin

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. - 5.30 P.m.
Saturday opening - 9 a.m. - 5 P.m.
No sunday trading

Tenure we understand the premises are held on a secure renewable lease having approximately 6 years unexpired at a rental of £12,600 p.a. Exclusive of rates. We further understand that there was a rent review due in december, 2006, however, the landlords have not requested any increase at the present time. We are further informed that the rent reviews are every 4 years.

Uniform business rates: £12,800 p.a. Approx. + Water rates

Personally inspected and highly recommended

Must be seen to be fully appreciated


reference : r8561