Asking price: £105,000

Sales revenue: £185,000

Net profit: £65,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Occupies an absolutely prime, highly sought after location, excel passing trade, plenty of offices and close to a university, only 5-minute walk from Oxford Street, London W1
Takings £3700-£3900 p/w. Rare opportunity

Employees: The business is at present operated by the owner with two full-time and one part-time

Trading hours: Monday – Friday 6:30 a.m.- 4:30 p.m.

Property: Leasehold

Lease terms
The premises are held on a new 15 years full repairing and insuring lease from March, 2007 at a rental of £23,000 p.a. up to March, 2012, with rent review at that time and thereafter every 5 years Uniform Business Rates: £7507.50

Location
Features: Front area with space for tables and chairs for 8 people

2 Air conditioning units, CCTV system with 2 cameras and recording unit

Single fronted cafe/restaurant has recently refurbished. Tiled floor, 13 solid marble topped tables, 24 chairs. Large cool sandwich display serve over counter, Gaggia 2 group coffee machine, brand new panini toaster, three toasters, microwave oven, sink, dishwasher, gravity feed slicer, bain-marie, large soft drinks fridge, one mini freezer, one mini vegetable fridge, one brand new freezer

Level kitchen with industrial non-slip floor, double bain-marie, 6-burner gas cooker, brand new boiler, brand new Blue Seal free standing single deep fryer, brand new Buffalo Countertop electric griddle, one upfront freezer, one mini fridge and an upright single freezer, triple sink drainer with brand new stainless steel taps, wash hand basin etc.

First floor storeroom with brand new upright single door deep freeze
Staff cloakroom with w.c.

Price:PRIVATE SALE - NEGOTIABLE
To include the secure lease, Goodwill, Fixtures & Fittings £105,000 (no further hidden maintenance cost of the cafe because the seller has already done it for you)

Personally inspected are highly recommended
Must be seen to be fully appreciated

Expansion potential
Great scope to increase takings by opening Saturday and offering local deliveries

Support & training
Full support and training included

Related documents

		Full details of the cafe business