Asking price: £175,000

Sales revenue: £7,500

Net profit: £68,000

Fixtures value: Undisclosed

Stock value: £4,000

Business description
Café / sandwich bar with FULL A3/A5 use and fully licenced to serve alcohol

LOCATION: In an excellent high street position. Very high foot fall. Very close to Clapham Junction, Europe’s busiest train station. It is surrounded by numerous offices, shops and residential properties.

DESCRIPTION: A brand new, just over a year old beautifully bistro/New York style designed café/sandwich bar and fully licenced to sell alcohol until 11pm Monday to Saturday and 10pm on Sundays. It has 40 covers inside and a basement restaurant seating for a further 26. The toilets, storeroom and office are in the basement.

Equipment: Fully-fitted kitchen - three Valentine fryers, 6 burner cooker with gas oven, Archway charcoal grill, Archway griddle, Parry bain marie, and a Parry contact grill for paninis. Several fridges and freezers including sandwich and drinks display fridges and a 2 metre square cold room. All brand new. Two commercial Panasonic microwaves and several Dualit toasters, a 10 litre Bravilor coffee machine and two-group espresso coffee machine. ARCHWAY fitted splashback and extraction fan and canopy. A 16 camera CCTV system and brand new fully-fitted fire alarm. ADT alarm system fitted too.

Business: Takings £6500 to £7500 per week. Run entirely by staff. Massive scope to improve turnover if it were owner operated as well as with outside catering to offices and longer opening hours. It currently closes at 4pm Monday to Friday and 5pm at weekends.

Hours: Monday to Friday 7.30am - 4pm
Saturday 8am - 5pm
Sunday 9am - 5pm

Accommodation: There is no residential accommodation.

Tenure: A new lease of 20 years will be granted with 5-yearly reviews with a rent to start at £42,500 per annum.

Rates Payable: £12900 per annum

Negotiations: Contact seller on email café@1foot.com

Location: London SW11

Business Sector: Food Service Businesses.

Leasehold option £175,000
Freehold option £775,000

Years established: 2 YEARS

Employees: 5-6

Trading hours: 7.30AM - 4PM

Property: Leasehold

Lease terms
A NEW LEASE OF 20 YEARS WILL BE GRANTED WITH 5-YEARLY REVIEWS WITH A RENT TO START AT £42.500.00 PER ANNUM. OPTION TO BUY FREEHOLD INCLUDING BUSINESS AT £775K

Location
Location: In an excellent high street position. Very high foot fall. Very close to Clapham Junction, Europe’s busiest train station. It is surrounded by numerous offices, shops and residential properties.

Expansion potential
WE CLOSE VERY EARLY - 4 PM WEEK-DAYS AND 5 PM WEEK-ENDS. HUGE POTENTIAL IF OPENED LATER

Competition / Market
A RANGE OF EATERIES SUCH AS KFC, SUBWAY, PIZZA EXPRESS

Support & training
WE WILL HAPPILY TRAIN NEW OWNER

Reasons for selling
OTHER PRIORITIES