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Wine Bar and Cafe For Sale in Kentish Town, Camden, London

Kentish Town, London
Asking Price:
£150,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
202348
Reference
5232 / RightBiz

Details

Situated in a good position on Kentish Town Road close to the junction with Prince of Wales Road and close to many multiples such as Tesco Express, Oxfam, Pizza Express, Lidl, William Hill, Ladbrokes etc. The property is roughly equidistant between Kentish Town, Kentish Town West and Camden Road Network Rail stations. Description: Comprising a long established café with wine bar. The wine bar is mainly centred in the basement of the premises which is entered via a wide staircase and the café which is mainly at ground floor level is fully fitted and has recently been refurbished to a good standard. The premises have 60 covers with 4 al fresco tables on the pavement outside. Currently trading 7.00 am – 11.00 pm, 7 days a week and fully licenced. The basement houses WCs and office/store area. Areas: 1291 sq ft (120 sq m) – split approximately 50% ground floor and 50% basement. Lease: Held on a lease which commenced 14th October 2016 (expiring 2026) with 4 yearly rent reviews at £32,000 pa.

Listing Details
Asking Price: £150,000
Tenure: Other
Sector: Cafes, Tea Rooms, Bars
Financials
Annual Turnover: £160,000
Annual Net Profit: Available upon request
Key Features
  • Fully Fitted
  • Established Business
  • New Lease
  • Company for Sale
  • Prime Location
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