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Popular Cafe For Sale

Greater London

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For Sale

£49,995 +SAV

Ref: B06466

Leasehold

Overview

Please quote reference B06466

Hilton Smythe is delighted to welcome to the market on a leasehold basis a well-established and very popular, café business in an ideal location

The Cafe has been under the careful and meticulous ownership of our client for a number of years and has only now been introduced to the market for sale as our client wishes to concentrate on other business interests.

The business offers quality fayre in a pleasant and relaxed setting with patrons being able to dine both inside and outside taking advantage of the café street culture.

The café has the ability to cater for 30 to 40 covers inside with the business benefiting from excellent local trade and return business from visitors to the area. It must also be noted that current turnover is generated on limited trading hours over 5 days a week, leaving a new owner with plenty of scope to increase trading options. The business further benefits from having a basement area that currently has three beauty rooms that are rented out and producing further income for the business.

We feel there is scope to increase the turnover perhaps with a new owner embarking on a modest marketing campaign to highlight the excellent produce offered, along with offering an outside catering service for private events to help increase the turnover for the business along with extending the opening hours.

Very rarely do such well-established, popular businesses come to the open market, therefore early viewings must come highly recommended to avoid disappointment.

Turnover
We are advised the business generated an estimated turnover of £104,000, further financial information can be made available upon request.

Please quote reference B06466

The business is run and managed by 2 full time and 2 part time staff members.

The business trading hours are as follwed:

Monday to Friday - 09:00am - 17:30pm

Saturday - 09:00am - 17:00pm

Sunday - Closed

The business is located in West London. Situated in a prime trading location and benefiting from being surrounded by local amenities leading to a good level of footfall and passing trade. The area further benefits from having excellent transport links by both road and rails to all other parts of London.

The business is located in an end terrace commercial premises, with large feature windows on two sides, entered at street level, in to a bright and welcoming space and briefly comprising, large open plan customer seating and dining area, feature service counter with various displays and refrigeration units, commercial kitchen located to the rear of the premises, along with w/c facilities.

The basement area has three treatment rooms that are currently rented out as a beauty salon, all have running water, sinks and storage facilities.

Tenure
We are advised the business is being sold on a Leasehold bases with 10 years remaining on the currently Lease, the rent is £2250 per month.

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