Profitable Café For Sale

Business description

Ample free street parking.

Front forecourt area with space for tables and chairs for 16 persons.

Full Gas Fired Central Heating

Double fronted Café occupying a corner position, woodstrip floor, ceiling lighting, 2 fans. Tables and chairs providing seating for 36 persons. Upright single door drinks fridge (on loan), counter, electronic cash register, Stills steamer, dishwasher (9 months old), chest deep freeze, upright deep freeze, double sink and drainer.

Rear kitchen cooking area with quarry tiled floor, 6-burner gas cooker with double oven, large grill (3 months old), double deep fryer, stainless steel extractor, 4-pot bain marie, 3 microwave ovens, 1 upright double door glass fronted fridge etc.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a new 16 years lease from 23rd June, 2006 at a rental of £7,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £500 p.a. approx. (after small business relief) + water rates (metered)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Corner position, main road trading position, SURREY

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £1,750 p.w. in our opinion offering tremendous potential for further increase, as we understand a Croydon Technical College has recently been built nearby. In addition the business is situated in an explanding area with the potential of a number of flats being built opposite. Gross profit 65% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 7 a.m. - 3 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.