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Reduced Coffee Shop In South London For Sale

Stretham, London, London, UK
Asking Price:
£95,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£120,000
Net Profit:
Available on request

Well Fitted Dessert Coffee Shop in South London For Sale

NEWLY FITTED 2018 in EXCELLENT CONDITION with High-Quality Equipment.

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 975 ft² with ELECTRIC SHUTTERS AND CANOPY. Woodstrip floor, suspended ceiling with spot and hanging lighting. Tables and chairs providing seating for 50 persons. Ice cream display counter with refrigerated storage section, EPOS till, milkshake machine, soft ice cream machine, 2-group coffee machine, coffee grinder, 2 waffle machines, crepe machine, 2 glass topped display deep freezers, refrigerated display fridge, glass fronted upright double door drinks display fridge. CCTV system (7 cameras, 1 monitor).

Toilet with w.c. and wash hand basin

Kitchen, 2 dishwashers, sink, shelving, microwave, 3 freezers, fridge

Rear yard with storage area.

We operate 7 Days per week

MONDAY - THURSDAY 10 a.m - 10 p.m

FRIDAY - SUNDAY 10 a.m - 11 p.m

The turnover currently averages £2,000 p.w. with a gross profit of 65% approx.

The premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2012 with reviews every 4 years (next review 2024) at a current rent of £25,000 p.a.

Business Rates from April 2023 £2,000 approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDOR EMIGRATING.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £119,950 plus STOCK AT VALUATION.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2012 with reviews every 4 years (next review 2024) at a current rent of £25,000 p.a.

Leasehold Rent:

£25,000 per annum

Location:

Streatham High Rd, London

Premises Details:

SINGLE FRONTED PREMISES in the region of 975 ft² with ELECTRIC SHUTTERS AND CANOPY.

Size in square feet:
975 ft

Business Operation

Reasons for selling:

Relocating

Trading hours:

MONDAY - THURSDAY 10 a.m - 10 p.m

FRIDAY - SUNDAY 10 a.m - 11 p.m

Employees:
3
Years established:
2018

Other Information

Support & training:

Support & Training can be provided

Furniture / Fixtures value:
£119,950 - included in the asking price