Restaurant/cafe for sale

Established Cafe for Sale in Croxley Green, Rickmansworth.

Property id: Rps-21608

Main features

Retirement Sale
Established Cafe Business for Sale
Fully Fitted Commercial Kitchen
Gas & Extraction in Place
Premises Licence in Place
Potential to Trade as Restaurant (STPP)

Lease details

Lease: Ending 2030 (Inside the Act of 1954)
Current Rent: £24,000 pax
Rent Review Term: Every 5 years
Premium: £95,000 + Stock (Business, Lease and ff&E)

landlord's requirement

Rent Deposit Required (subject to references)
Personal Guarantor (subject to references)
Bank, Trade & Accountant's Reference required
Evidence of financial credibility

Premises

Five Star Hygiene
Area: Total Circa 1,028.16 Sq. Ft
Covers: Indoor: 32 Covers | Outdoor: 16 Covers
Benefits from Gas & Extraction
Fully Fitted Commercial Kitchen with Cold Room
Benefits from Premises Licence
Payable Business Rates: Circa 8,732.5/annum (Rateable Value: 17,500)

Location

Croxley Green, Rickmansworth WD3
Nearby other retailers

Croxley Green is a suburban village in Hertfordshire, located near the town of Rickmansworth with easy access to urban amenities. The area is well-connected by public transport, particularly the Croxley Green station on the Metropolitan Line, making it convenient for commuting to central London.

Trading

We have been informed that the business generates gross sales of circa £5,500-6,000/week.
Our client (chef) manages the business with 1 full-time and 3 part-time staff members.

Growth potential

Extending current opening hours to 7 days a week.
Introduce evening or dinner menu
The premises already have an alcohol licence, gas, and extraction, offering the potential for conversion to a restaurant, subject to local council approval.

Viewings & confidentiality

All interested buyers must agree to a Non-Disclosure Agreement with our company due to the "Confidentiality" requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

Disclaimer

The above information is provided by the seller and is issued without responsibility on the part of the firm therefore, it is not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.