PRIME LOCATION Well established business in E10 Leyton, trading for 10 years, situated in an excellent main road trading position, close to a library, with regular customers
Turnover £4,500/week
Price £79,500
Features
Staff Run Coffee Shop / Sandwich Bar / Bakery
Good footfall, established business, regular customers, licensed to sell alcohol, excellent position.
Serving hot drinks and cold drinks including beer and wine, sandwiches, baguettes, paninis, croissants, English breakfast, pizza, omelette, pastries etc.
6 DAYS OPENING
Tables and chairs seating 9 customers outside.
DOUBLE FRONTED PREMISES approx. 400 sq ft with front shutter, tiled flooring, suspended ceiling with LED lighting.
Inside seating for 12-15 people with tables and chairs
Sales counter - Electric cash register, display counter, coffee machine (2 group), grinder, commercial oven, 2 display fridges, commercial hot display, wash hand basin
Kitchen - Electric hot plate, microwave, 1 undercounter fridge, 1 large chest freezer, 2 small freezers, ribbed panini grill, orange juicer, milkshake/smoothie blender, double sink and drainer.
Staff cloakroom with toilet and wash hand basin.
Bakery (separately from cafe, next door)
Preparing all pastries fresh every day like pretzels, sausage rolls, cheese tart, apple strudels and also cooking pizza and omelette
Large sink for equipment wash, stand up freezer, tall stainless steel fridge, stainless steel preparation table with large fridge underneath, 2 commercial ovens, 1 conveyer oven, one tall wall shelving for storage
Turnover
The turnover currently averages £4,500 p.w. with a Gross profit of 55% approx.
Staff
The business is at present operated by 2 full time staff employed.
Trading Hours
There is potential for additional opening hours. Can be open 7 days a week
6 Day week
Monday - Saturday 6 a.m. - 6 p.m.
Tenure
The premises are held on a SECURE 5 year rolling lease (private landlord) granted for 10 years in 2024 at a current rent of £20,000 p.a.
Business Rates exempt (No business rates to pay) (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016 AND OFFERED FOR SALE DUE TO THE VENDOR'S OTHER COMMITMENTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES AND FITTINGS £79,500
