Business Summary

Summary

Asking price: £69,950

Sales revenue: £67,600

Net profit: Undisclosed

Business Description

IMMACULATE 3 BED S.C. FLAT – BUSY MAIN ROAD POSITION.

BUSINESS – Well established having been in the present hands since October 2008. The business is now only being marketed as a result of the vendors other business commitments. Tremendous potential exists for the introduction of Sunday and Monday trade, plus longer hours. The vendor has recently started to do breakfasts which are going well.

TURNOVER - We are informed t/ o averages £1,300 p wk at 60% GP.

Property Information

Property: Leasehold

Lease terms: 6 years remaining on original lease. Rent - £17,000 P.A.(4 Year reviews).

Living accommodation: Self contained flat comprising: 3 beds: lounge: fitted kitchen: bathroom: full suite. note: gas central heating throughout. Immaculate decor.
NOTE: The council has viewed the flat and has offered to rent it for £305 P WK (£1322 PCM).

Location: These well appointed premises occupy a prominent trading location fronting a busy main road in the popular South London District of Catford drawing trade from over a wide catchment area.

Energy Performance Rating: D

Other Information

Trading hours: 9.00am – 9.00pm Tues & Weds 9.00am - 10.00pm Thurs - Sat Closed Sun & Mon.

Fixtures value: Undisclosed

Stock value: Undisclosed.

Property Details