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Confidential Sale (Address Information Withheld) - County of London - Greater London

Property Details
Agent Ref No: NWLONT0001113
Category: Business for Sale
Business Type: Restaurant
Offer Type:
Price: £150,000.00
Rent: £1,250.00
Yield: Not Applicable
Further Property Details
Date Listed: 2007-08-25
Size: 1000
Tenure:
Min Rental Size: Not Applicable
Property Status:
More Than Business

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Description

Summary Offered for sale this cafe/restaurant and takeaway enjoys an excellent local position on this busy main road very close to the new Shoreditch Underground Station due to open 2010.

The business is offered in excellent condition throughout having been recently refurbished to a high level and currently trades as a cafe/restaurant.

The premises are laid out with a seating area for up to 38 which gives the business the flexibility to offer full Eat-in menu as well as extensive take-away service. The business currently closes at 5pm but the owners have applied for a license to open late to benefit from the take-away trade available, especially at weekends in this busy location on the edge of the City.

Retail Premises are 42m2 in total with a further 10m2 of kitchen to the rear with a further 51m2 of basement, currently un-used.

The Lease includes the upper parts which are currently laid out as 2 x 1 bed and 2 double rooms, bringing in an estimated £300 per week.

Lease: Expires 2016 (granted in 2006 with 5 yearly rent reviews).

Current Rent £15,000 Business Rates £2,800
Rent deposit may be required by Landlord, subject to status.
Opening Hours Monday to Saturdays 7 am to 5pm.
(although Sundays could be added)
Viewings by appointment through this office.