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Thriving Daytime Café , Close to Kingston Upon Thames, East Molesey, KT8

1,900 Sq Ft / Leisure / Business for sale

For Sale - £60,000.00

Available - Last updated: 11 June 2024

High turnover day time cafe- no evening trade.
 
£60,000 guide price to include lease, goodwill, fixtures and fittings (stock at valuation.)
 
A rare opportunity to take over a thriving daytime Café overlooking the River Thames. The premises have a fully fitted commercial kitchen and plenty of seating inside and outside for customers.
 
The internal seating area including the bar area measures approximately 1,455 sq ft. The kitchen measures approximately 290 sq ft, plus a chiller room of 158 sq ft for storage.
 
66 covers internally, plus a further 95 covers on the outside terrace and balcony. There is air-conditioning in the kitchen and partial air-conditioning in the cafe area.
 
The business is staff run by an efficient team and a list of employees and hours can be provided to interested parties in due course.
 
Viewings are to be strictly by appointment only as staff are unaware of a proposed sale.

Location

Idyllic position on the River Thames. Very popular location with many walkers and cyclists using the towpath.

Accommodation

Size - 1,900 sq ft

Terms

Tenure: Leasehold
 
Price/premium: £60,000 
 
Rent: £30,000 Per annum
 
Legal fees: Not specified
 
Rateable value: The rent includes business rates. Utilities are charged at £500 p.c.m.
 
Lease details: Initial 10 year license with an option to break at the 5th anniversary. We believe the current license has approximately 5 years unexpired however, a new license could be made available subject to negotiations.
 
Trading hours: 8am - 5pm Monday - Sunday
 
Years established: 5

Specification

  • Air Conditioning
  • Al Fresco seating
  • Alcohol license
  • Business for sale
  • Close to station
  • Fantastic location
  • River views
  • Riverside location

 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Leasehold £60,000.00 NA

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Agency Team

Franklin Commercial

020 3151 5476

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