Cafe Business in Holborn (SOLD)

  • Leasehold £25,000
  • £67,500/Annual Rent
Procter St, Holborn, London, UK
SOLD

Cafe Business in Holborn (SOLD)

Procter St, Holborn, London, UK
  • Leasehold £25,000
  • £67,500/Annual Rent

Description

Takeaway & Cafe Business for Sale in Holborn | Offers Invited


3 Months Rent Free, Rent: £67,500/year, Lease: 10 yrs new lease, A1 Premises (Electric cooker), No Gas Connection


MAIN FEATURES

  • A1 Use but with fully fitted extractor & electric cooking facility
  • No Gas Connection
  • Fully Equipped
  • Busy Location
  • Very Well Maintained
  • Trading Name: L’Express Coffee
  • Sales: £416,000 inc takeaway (prior to lockdown)

LEASE DETAILS

  • Lease: 5 or 10 years new lease
  • Three (03) months rent free
  • Rent: 67,500/year + VAT
  • Payable Rates: Circa 27,000/year
  • Service Charge: Circa £700/year
  • Rent Review Term: 5 Years
  • Premium: £25,000 (FF&E and Lease Benefits) plus Stock

THE LOCATION

  • Procter Street, Holborn
  • 2 Minutes away from Holborn Tube Station
  • Busy Street

THE PREMISES

  • Total Area: Circa 780 sq ft (spread over ground floor)
  • No seating
  • A1 Use but suitable for cooking on electric equipments
  • Opening Hours: 6am to 4pm

THE FIXTURES & FITTINGS

  • Fully Operational Extractor
  • 2 x Cookers
  • 1 x Grill
  • 1 x Double Basket Fryer
  • 1 x Walk-In Freezer
  • 1 x Walk-In Fridge
  • 2 x Ovens
  • 1 x Chest Freezer
  • 4 x Display Fridges
  • 1 x Hot Food Display
  • 1 x Coffee Machine (on rent)
  • 1 x Juice Machine
  • 1 x Hot Food Cooler
  • 3 x Counter Fridges
  • 1 x Toaster
  • 1 x Panini Grill
  • 1 x Fresh Orange Juice Machine
  • 1 x Ice Machine
  • 1 x Commercial Mixer

VIEWINGS

All interested buyers must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.


DISCLAIMER

The above information are provided by the seller and are issued without responsibility on the part of the firm therefore are 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.

Details

Updated on January 4, 2022 at 11:14 am
  • Price: Leasehold £25,000
  • Size: 780 Sq Ft
  • Covers: 3-4
  • Use: A1
  • Status: SOLD

Overview

  • 780
  • Sq Ft

Contact Information

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