£69,000
Leasehold
No Accommodation
CAFE TAKEAWAY, UNDERGROUND STATION
LOCATED IN ARCADE UNDERGROUND STATION, CENTRAL LONDON
HEAVY FOOTFALL OF PASSING TRADE
WELL FITTED OUT PREMISES
ADV. TURNOVER C£4,200 PW
OPERATED FULLY UNDER MANAGEMENT AND WOULD BENEFIT FROM BEING OWNER RUN
RENT £58,050 PA. TFL LEASE.
Located in arcade in Central London underground station with heavy footfall of passing trade. Operated completely under management with little input from the owner. Adv. turnover c£4,200 pw for five half day week. Modern well fitted out shop. New 9 year TFL lease to August 2021. Rent £58,500 pa. Would certainly benefit from being owner run.( select Full Details for more! )
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£69,000 / CAFE TAKEAWAY, UNDERGROUND STATION / ref: CL001192
Full particulars.
FULL PARTICULARS  
Location
Sited within an Arcade in a busy Central London underground station with a heavy footfall of passing trade from commuters, office workers and tourists.

Business
A1 Cafe and Take Away well established on this site for many years. Operated fully under management with virtually no daily input from the owner. Serving a day time trade of sandwiches, paninis, light snacks and hot and cold drinks.
Turnover c£4,200 per week working on a Gross Profit of c65%.
In our opinion the business would benefit with a greater amount of owner input.

Hours
6.00am - 5pm Monday to Friday. 7am - 2pm Saturday. Closed Sunday.

Staff
3 full time and 1 part time members of staff with a wage bill of c£940 per week net.

Premises
Modern Ground Floor, lock up shop within arcade benefitting from full glass frontage and air conditioning.
Interior: Well fitted with tiled flooring, low level lighting, seating for 30 people at black leather chairs and black marble tables plus 4 bar stools.
Equipped with Menu display boards, cash till, 2 refrigerated display serving counters, microwave oven, double Panini machine, espresso machine, 2 commercial microwaves, built under fridges, 4 pot bain marie, dishwasher and double stainless steel sink.
Small stock room to the rear with chest freezer.

Tenure
New 9 year Transport for London lease to August 2021.
Rent £58,050 per annum. Rates c£22,300 pa 2011-12.
Service charge c£5,000 pa.
 
£69,000 / CAFE TAKEAWAY, UNDERGROUND STATION / ref: CL001192
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£69,000 / CAFE TAKEAWAY, UNDERGROUND STATION / ref: CL001192

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For more information or to arrange a viewing please contact our London Office on 0208 9511115 - ref: CL001192
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