Cafe for sale

Kings Road, London, SW10

Guide Price £125,000

Property Description

Commercial information

  • Business for sale

Key features

  • Café in prominent South West London location
  • W/T £5,000 Situated within half a mile of Stamford Bridge and underground station
  • Recently refurbished, 26 covers
  • Well established business with loyal customer base

Full description

Tenure: Leasehold

DESCRIPTION
Situated in an excellent South West London location which is well renowned for its variety of boutique shops, up market restaurants and bars. Cave Cafe was established by our client in 2001 and has gained a loyal customer base by serving not only office workers and shoppers, but also match day crowds when Chelsea are playing at home.

In our view the potential is yet to be fully exploited as the business could profit from opening later and serving evening meals.

The general location provides heavy footfall in this well populated residential area and commercial sector. The business underwent a re-fit and refurbishment program recently and therefore benefits from good quality fixtures and fittings along with serving area with marble tops and glass display cabinets for sandwich fillings, cakes and cold drinks.

The business has an excellent reputation locally and provides an ideal meeting place for a simple coffee or lunch with huge potential to increase income with the local commercial sector.

The kitchen is open plan in design and can be seen from the main restaurant seating area. The kitchen consists of large griddle, traditional oven, commercial extractor fans and new fridges which have been replaced in the last couple of years.

To the rear of the property there is a prep and wash room along with staff and customer toilets.

WEEKLY SALES
Currently taking on average £5000 per week.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Friday 07:30 - 17:00
Saturday 09:00 - 17:00
Sunday 10:00 - 17:00

STAFF
Managed by the owners with 2 full time staff.

PROPERTY
The business operates from the ground floor of an imposing four storey corner plot building located within half a mile of Fulham Broadway Station and Stamford Bridge.

RESTAURANT/BAR/AREAS
Fully open plan with a light and airy feel providing a total of 26 covers and also a breakfast bar. The business operates with an A3 licence and also an alcohol licence.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is held on a 7 year lease which commenced in December 2011. The annual rent is £24,000 inclusive (correct as advised on November 2013). Rent reviews are at 3 yearly intervals.

SUMMARY
An excellent opportunity for a 'hands on' experienced operator to take this business on to the next level and to further develop the customer base by taking advantage of a first class South West London location.

More information from this agent

Nearest stations

  • Imperial Wharf (0.4 mi)
  • Fulham Broadway (0.4 mi)
  • West Brompton (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Imperial Wharf (0.4 mi)
  • Fulham Broadway (0.4 mi)
  • West Brompton (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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