Superb Busy Putney Location A3 Cafe Sandwiches Takeaway For Sale

Business description

PUTNEY, S.W. LONDON

LOCATION: The business is situated on a busy main road with excellent passing traffic. Close to bus stops.

DESCRIPTION: This lockup compact café is in superb condition throughout as has been completely renovated very recently. The modern décor is supported by ceramic floor tiling and suspended ceiling. This is bar stool seating for 5 plus tables/chairs. There is a glass display counter and kitchen to the rear. Towards one corner there are stairs leading down to a prep room containing various equipment. Toilet in basement. Has electric heating and new full air conditioning system.

EQUIPMENT: Cold display unit (4ft), drinks fridge, digital till, 2 chest freezers, 1 upright freezer, 2 upright fridges, one double and one single panini machines, 2 toasters, orange juicer, griddle, 3 microwaves, soup kettle, music system, 5 stools, 4 tables and 8 chairs (unused), £2,500 Ariete coffee machine, food processor, Guess coffee grinder, 4 hob gas cooker, steel extractor fan and large double sinks.

BUSINESS: Takings are £1,400 p.w. but there is potential for improvement for other trades including fish and chips, kebab BBQ, pizza or Chinese/Indian takeaway in the evening as it has A3 opening licence until 11pm. The owner is supported by 2 part-time staff earning £350 p.w.

HOURS: 7.30 am – 4.30 pm Mon-Fri, 8am-4pm Sat

ACCOMM: There is no residential accommodation.

TENURE: Lease commenced in Oct 07 for a term of 12 years and the current rent is £8,000 per annum with reviews every 4 years.

RATES: Business rates payable are approx £1,200 p.a. (small business relief)

Property information

Property:

Leasehold

Lease terms:

Lease commenced in Oct 07 for a term of 14 years and the current rent is £8,000 per annum with reviews every 4 years.

Leasehold rent:

£8,000 per annum

Location:

The business is situated on a busy main road with excellent passing traffic. Close to bus stops.

Business Operation

Expansion potential:

Great potential for improvement including evening trade (has A3 opening licence until 11pm).

Reasons for selling:

Moving abroad.

Trading hours:

7.30 am – 4.30 pm Mon-Fri, 8am-4pm Sat

Employees:

1 owner plus 2 FT

Other information

Support & training:

Full handover support and training included in asking price.

Related documents:

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