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Asking Price
£70k
Description
This superb coffee bar has a prime trading position in a parade of shops on the edge of Enfield Highway, which enjoys heavy pedestrian and motorist traffic flow. Large offices, shops and vast private housing surround the business plus a large secondary school with 600 pupils and staff is close by. Various bus routes passes the doorsteps and British Rail station is few minutes walking distance away. The Business has good visibility and plenty of customer parking in front. The premises are single fronted, lock up unit. We are informed that the current rent is £8,000 pa and the rates are £1450 pa. It has a ten-year lease, with nine remaining and a review at five years. The premises have an electric shutter to the front. The owner started with an empty shell with A3 use, and has spent a considerable sum designing and equipping the café just over a year ago. There are currently seven tables inside and two on the pavement outside. In our client's ownership it has enjoyed an excellent local reputation, offering varied high quality fare served in pleasant surroundings with a welcoming atmosphere. The café specialises in traditional Italian pasta dishes, fine pastries, There is clearly potential to open later into the evening and on Sundays, as there is nothing similar to this business in the vicinity. Also a lunchtime delivery service could be a valuable add on.
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