Smart Cafe In Finchley For Sale

Business description

Very smart cafe / coffee shop situated on a busy main road in a shopping area surrounded by multiples in North Finchley, London N12.

The Parade Premises comprise:- Smart Modern Glass Frontage leading into Café and Seating Area (seating for
approximately 16 people, long counter with three glass display sections, black tile floor, air-conditioning, spotlighting, coffee machine, stainless steel sink and drainer, cash register, upright refrigerator, upright freezer, ample cupboard storage, Panini press etc.).

Cloakroom with disabled facilities.

Kitchen at rear (upright refrigerator, 2 deck bake-off oven, ‘Whirlpool’ chest freezer, 3-door chest chiller, ‘Beko’ gas cooker, extraction system, large bowl stainless steel sink, small stainless steel table, hand wash basin, etc.).

Rear Yard with space for one vehicle with access to a service road. Two Small Outside Storerooms.

The premises have traded as a catering concern for some time and were refurbished and re-launched by the Landlords in early 2011.

We are advised Takings are currently averaging around £1,500-£1,600 weekly.

Simple Menu:- Salads - Sandwiches - Baguettes - Paninis - Hot & Cold Snacks - Light Lunches, etc.

Property information

Property:

Leasehold

Lease terms:

The vendors own the Freehold Property and will grant a new F.R.I. lease, within the terms and provisions of the ‘Landlord & Tenant Act 1954’, for a term of 15 years at a commencing rent of £24,000 per annum subject to 5 year reviews. A rent deposit will also be required.

Business Operation

Reasons for selling:

For sale due to personal commitments and the owner therefore not being able to devote the time and attention the business requires.

Trading hours:

8.00a.m. to 5.00p.m. Monday to Saturday. Closed all day Sunday.

Employees:

Run by the full time working owner together with one part time assistant and help from family.