London Sw18 Leasehold Cafe And Restaurant For Sale

Business description

This is a well established concern which has been in the present hands for 12 years and which is now only being marketed as a result of the vendors ill health. Tremendous potential exists for the expansion of the restaurant to provide an additional 10/12 covers.

TURNOVER - We are informed t/o averages £1,700 to 1,800 pwk @ 65% GP.

PREMISES – Single aluminium framed frontage with single entrance to: Cafe Area: suspended ceiling, 40 covers at quality furniture, Servery: Electric cash register, upright chiller, toaster, boiler, 2 microwave ovens, griddle, double fryer, drinks chiller, 4 ring gas cooker, st/stl sink, dishwasher, freezer. Further Restaurant area: (unused) with potential for a further 10/12 covers. Sep. W.C.& W/basin, Cellar: With 2 store areas.

Outside Small yard. Garage: Service road to rear.

Property information

Property:

Leasehold

Lease terms:

TENURE – Approx 8 years remaining on original 20 year lease.

RENT - £13,000 PA (4 year reviews)

BUSINESS RATES - £4,620 PA (Payable)

Living accommodation:

Lock up.

Location:

These immaculately presented premises occupy a prominent trading location fronting the busy A3 enjoying a tremendous level of passing trade and also drawing trade from over a wide catchment area.

Other information

Trading hours:

6.30am – 3.00pm Mon – Fri 7.30am – 3.00pm Sat 8.00am – 3.00pm Sun