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Staff Run Coffee Shop In Central London For Sale

Central London, London, UK
Asking Price:
£79,500
Turnover:
£156,000
Net Profit:
Undisclosed

Double fronted air-conditioned premises, in the region of 325 ft², with electric shutters. Cctv (3 cameras), tiled flooring, plasterboard ceiling with insert lighting.

Bar stools and counter seating 6 customers.

Sales counter - square app customer charging system, soft drinks fridge, wash hand basin, coffee machine (2 group), grinder, knock-out drawer, etc.

Open plan kitchen - double deck pizza oven (electric), bread oven, slow cooker, induction hob, 2 large single door fridges, double door fridge, single door under counter freezer, double sink and drainer, dishwasher, quartz counter, pizza preparation table, dough mixer, etc.

Staff cloakroom with toilet and wash hand basin.

Location: situated in a parade, main road trading position, residential and commercial area, central London

turnover: we are informed by the owner the turnover currently averages £3,000 p.w. With a gross profit of 65% approx.

The business has recently been established as an authentic coffee shop, historically the unit was a pizza takeaway achieving sales of £6,000 p.w..

Staffing: the business is at present operated by the manager with the assistance of 1 full time and 1 part time staff.

We are informed the wage bill averages £1,500p.w. Approx.

Price: to include the secure renewable lease, goodwill, fixtures & fittings £79,500 plus stock at valuation

substantial loan to an approved applicant.

Additional information available including; rent, lease terms, opening hours, business rates and reason for sale via the 'contact broker' button

Property Information

Property:

Leasehold