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Restaurant/cafe for sale
58 sq. m*
Well Established business
Prominent location within Brixton Town Centre
Very close to both Brixton Train and Underground Stations
Includes fixtures and fitting
Features and description Business Harmens Estate Agents are delighted to present to the market Café Rio a much loved coffee shop and eatery in the heart of Brixton, established by our client since 2005.
Café Rio offers a wide range of hot meals cooked in house from early morning breakfasts, jacket potatoes, paninis and toasted sandwiches to steak and chips as well as freshly prepared cold sandwiches, baguettes and salads serving both hot and cold beverages including fresh juices. The food is freshly made with good ingredients. Located within Brixton town centre making it convenient to catch up with friends over lunch or a coffee during an afternoon meeting.
The shop comprises of approx 58.3 sqm internally.
Lease: 11 years remaining Current Rent: £18,826 per annum Size: Width 7.45m Depth 8.15m
Location Café Rio occupies one of the most sough-after trading units along Brixton Station Road in Brixton, London. It is opposite Brixton recreation centre.
Brixton Station Road is situated within bustling Brixton town centre that supporting independent businesses, retailers, local services, along with market stalls.
Brixton train station and Brixton underground station are located within a short walk from the business.
Brixton Station Road leads directly onto Brixton Road (A23).
Premises Ground Floor -
• Seating area • Kitchen area • Toilet
Sale of the business includes • Table and chairs • Refrigerated display unit • Fitting and fixtures • Counter service area • Refrigerated display counter • Commercial fridge freezer • Oven • Hob • Microwave
Tenure The business is being sold as a Leasehold premises with 11 years remaining. Current payable business rates are between £5,000 - £6,000 per year.
Turnover The weekly takings are between £4,000 - £5,000.
Premium The premium is £75,000 for the benefit of the goodwill and the fixtures and fittings.
Hours Monday - Saturday 8.00am to 7.00pm Sunday Closed
Staff The business is run and managed by the owner with the help of 2 members staff.
Financial Profile The well regarded café that is popular amongst locals is now being sold due to our clients decision to re-locate abroad. However he will ensure a full business handover is given to ensure a smooth transition. Viewings Strictly through the Agents only. The Staff have not been made aware of the sale. Therefore, no direct approach must be made in any circumstances.
Disclaimer The above information is provided by the seller and are issued without responsibility on the part of the Harmens Estate Agents therefore are not to be relied upon as statements of facts. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property. Any intending buyer must satisfy themselves as to the correctness of each statement. Harmens Estate Agents nor any of its employees or agents have any authority to make or give, any representation or warranty whatever in relation to this property.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact Harmens Estate Agents, SW16 on +44 20 8166 7246 * (local rate)
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Harmens Estate Agents, and do not constitute property particulars. Please contact Harmens Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.