Shop for saleChase Side, London
640 sq. ft. | £74,950
- 640 sq ft (59 sq m)
- Use class orders: A1 Shops
- A well established coffee/sandwich bar located on a parade of shops on Chase Side in Southgate close to many local shops, Asda Supermarket, Tesco Express, Natwest Bank, Halifax and Bank of Cyprus.
- Soutgate Picadilly Line Zone 4 Underground Station is within as short walk away with local bus services also close to hand, meter parking with local side road free parking.
- This well known and established coffee shop/sandwich bar business is for sale located in the heart of Southgate having been trading here for over now 9 years approx with the business offering a tremen
Full descriptionWarren Anthony Commercial are delighted to bring to the market this well established coffee/sandwich bar located on a parade of shops on Chase Side in Southgate close to many local shops, Asda Supermarket, Tesco Express, Natwest Bank, Halifax and Bank of Cyprus.
Soutgate Picadilly Line Zone 4 Underground Station is within as short walk away with local bus services also close to hand, meter parking with local side road free parking.
This well known and established coffee shop/sandwich bar business is for sale located in the heart of Southgate having been trading here for over now 9 years approx with the business offering a tremendous opportunity for a owner/operator to expand this already profitable business by further increasing the opening times and opening on a Sunday and Bank Holidays. Also further expansion is applicable by promoting the catering side of the business for which it is felt there is a demand for this due to the various offices and businesses located nearby on the High Street. Additional benefits include not only existing regular custom but as well passing trade, Bi-Fold doors to the front as well as potential to have an outside seating area to the front.
Premium £74,950 subject to contract for the benefit of the lease, fixtures and fittings.
Available by way of assignment with lease having 4.5 years approx remaining.
Rental £22,000 per annum exclusive.
Business rates we have been advised by the owner that the current business rates payable are £7,000 per annum. However, all interested parties are recommended to make their own enquiries with the local rating department at the London Borough of Enfield.
Opening times Monday - Friday 8 am - 5 pm and Saturday 8.30 am - 2 pm with Sunday Closed.
Size 640 sq ft approx.
Turnover with we understand a current turnover in the region of £96,200 per annum and there is we believe tremendous scope to increase turnover with both longer trading hours and an increase in wholesale deliveries.
Staff family run.
Legal costs with each party to bear their own legal costs with the freeholders costs these to be paid by the ingoing tenant/buyer.
Local authority London Borough of Enfield.
Energy performance certificate with an energy performance asset rating of 73 - C rating with a copy of this property's energy performance certificate available to view at www.london-properties.co.uk and this as pdf file.
Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.
A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account.
Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.
Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that,
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony.
4. All rent, prices, fees and charges are quoted exclusive of VAT.
For more information or appointment to view please contact our Watford office on either 01923 220 012.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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