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Old Established Cafe In South London For Sale

South London,London,UK, ID 139958

Old Established Cafe In South London For Sale 1
Old Established Cafe In South London For Sale 1
Asking price:
GBP £125 000
Turnover (per year): £208 000 gbp
Owner
Owner's representative
179 business for sale

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Description

5-star hygiene rating. The business currently trades as a café, which may be continued, or alternatively offers potential for other cuisines such as a Turkish restaurant or wine bar, subject to the necessary consents.

Double-fronted corner premises measuring approximately 680 sq ft, featuring tiled flooring and a ceiling with spotlights. Sales counter with cash register. Tables and chairs provide seating for 46 people.

Open-plan kitchen area fitted with a stainless steel extractor unit, four-burner gas cooker, grill, three microwaves, dishwasher, two-pan deep fryer, boiler, three fridges, two freezers, and sink with drainer.

Staff toilet with WC and wash hand basin.

Additional toilet with WC and wash hand basin.

Stock room.

Location: Excellent main road trading position within a densely populated residential and commercial area. South West London.

Turnover: We are informed by the owner that current turnover averages £4,000 per week, with an approximate gross profit of 65%. Online sales account for around 5%.

Staffing: The business is currently operated by the vendor, with two full-time members of staff employed.

Price: £125,000 to include the secure renewable lease, goodwill, fixtures and fittings, plus stock at valuation. Substantial loan available to an approved applicant.

Details

Real Estate: Lease
Employees (ppl): 3
Square m2: 63.17
Asking price: 125 000 gbp
Turnover (per year): 208 000 gbp

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