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Cafe And Catering Business for Sale

East London, London

Leasehold : 120,000
Turnover : 3,500 p.w.
Gross Profit : 68%

Business Operation
Expansion Potential: The turnover averages 3,500/4,000 p.w. , offering tremendous potential for further increase in the right hands.

Electric shutters to SPACIOUS COFFEE SHOP/SANDWICH BAR. Full Gas Fired Central Heating. Air conditioning. Total area in the region of 1,000 sq. ft. with ceramic tiled floor, part brickwork to walls, 8 ceiling lights with fans. 11 tables & 31 chairs. 2 group coffee machine, coffee grinder, upright open cool display unit (for soft drinks), 2 cool display serveover counters, double panini toaster, sliding upright glass fronted display fridge (on loan from Coca Cola), 2 stainless steel under-counter fridges, 1 glasswasher, 1 small deep freezer.
SMALL PREPARATION/KITCHEN with electric grill, double sink & drainer
Rear storeroom with 1 fridge, 2 fridge/freezers 1 upright stainless steel fridge, 1 upright stainless steel deep freezer, 1 glass topped chest deep freezer, 1 additional deep freezer etc.
Fully tiled ladies'/disabled cloakroom with w.c. & wash hand basin
Fully tiled gentlemen's cloakroom with w.c. & wash hand basin
Property Information
Property: LeaseholdLease Terms: The premises are held on a secure renewable lease for a period of 25 years from 2005 at a current rental of 16,000 p.a. exclusive of rates, rent reviews are every 5 years.
Uniform Business Rates: 5,200 p.a. approx.
HIGHLY RECOMMENDED
Location:
Situated in a parade within a market road (3 days per week), excellent main road trading position, residential, office & light industrial area, EAST LONDON, Bow, E3 5ES
Business Operation
Expansion Potential: The turnover averages 3,500/4,000 p.w. , offering tremendous potential for further increase in the right hands.

Reasons For Selling:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 plus STOCK AT VALUATION and OFFERS ARE INVITED.

Viewing Strictly by appointment. Please call 07763562347 to make an appointment to view.
Trading Hours:
Monday - Saturday inclusive - 8 a.m. - 6 p.m.
NO SUNDAY TRADING Closed on Bank holidays and 10 days during Christmastime period.


Trading Hours: Monday- Saturday 08:00am-6:00pm
Closed on Sundays and bank holidays and two weeks Christmas period
 
Staffing: 3 full time and 2 part timers
 
Accommodation: None
 
Tenure: 15 years unexpired lease from 25 years original at a rental if 16000 per annum. Lease is with in landlord and tenants act.
 
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