Cafe Sandwich Bar Plus Accommodation In Middlesex For Sale

Business description

In main town centre posn, estb 25 yrs, densely pop area. 1,000 sq ft, 44 seats, tkg £4,500/£5,000 pw. 10 yr renewable lease, 5 yrly reviews, net rent £16,400 pa, rates £11,800 pa. Two 2-bed s/c flats let. Has planning for 30 ft extension at rear.

Property information

Property:

Leasehold

Lease terms:

25 years lease was granted in 1995 with 5 yearly rent reviews and the current rent is £38,000 per annum.

Leasehold rent:

£38,000 per annum

Living accommodation:

There is a self contained accommodation above comprising 2 bedrooms flat on the 1st floor and 2 bedrooms flat on the 2nd floor. The flats are currently let @ £21,600 per annum rental income.

Size in square feet:

1,000

Business Operation

Trading hours:

Mon – Sat 7.30 am – 5.30 pm & Sun 10.00 am – 4.00 pm.

Employees:

Owner + 2 f/t + 2 p/t

Years established:

25