Spacious Café In West London For Sale

Business description

Front area with sun blind. Space for 3 tables and 7 chairs

SPACIOUS DOUBLE FRONTED PREMISES with laminated strip floor, high ceiling with ceiling lighting. Open cool display unit (on loan). Tables and chairs provding seating for 32 persons. Counter, electronic cash register, 2 cool display serveover counters, 2 group coffee machine, coffee grinder, juice machine, double panini toaster, jacket potato machine, under-counter fridge, dishwasher etc.

REAR KITCHEN used mainly for storage plus preparation of breakfasts, electric grill, small deep fryer, single microwave, chest deep freeze, upright stainless steel deep freeze, upright fridge.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 17 years unexpired at a rental of £14,500 p.a. for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,660 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, busy road, densely populated residential and commercial area, LONDON, W

Business Operation

Expansion potential:

WE ARE INFORMED the turnover currently averages £4,500/£4,700 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 7 a.m. - 6 p.m.
Saturday - 7 a.m. - 5 p.m.
Sunday - 8 a.m. - 4 p.m.

Employees:

The business is at present operated by the vendor with the assistance of 2 full time and 2 part time staff.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance