Profitable Old Established Coffee Shop Café For Sale

Business description

SPACIOUS COFFEE SHOP/CAFÉ, laminated strip floor, half tiled walls, suspended ceiling with concealed lighting. Tables and chairs providing seating for 56 persons. Cool display serveover counter, additional counter, electronic cash register, coffee machine, 3 menu blackboards, upright double door glass fronted drinks display fridge (on loan from Coca Cola).

Rear level kitchen, fully tiled. The equipment includes 4-burner cooker, 1 large griddle, 1 deep fryer, 1 small deep fryer, bain marie, Fosters stainless steel fridge, 1 chest deep freeze, 1 dishwasher, double sink and drainer etc.

Utility room
Office/Storeroom
Customer's cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter. We understand that the landlords are quite happy to discuss a longer lease if required.

Uniform Business Rates: £2,800 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent trading position, close to railway station, schools nearby and with the advantage of an industrial estate nearby, LONDON, W

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £200,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 7 a.m. - 6 p.m.
Sunday opening - 9 a.m. - 4 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.