Coffee Shop & Yoga Studio in West Ealing For Sale

Situated in a parade, main road trading position, residential area, WEST LONDON WEST EALING

Turnover £ 2,000
Price £80,000

Features

Impressive Cafe & Yoga Studio

6 DAYS OPENING

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 915 ft² with ELECTRIC SHUTTERS. Laminated strip floor, suspended ceiling with spotlights and hanging lights. Tables and chairs providing seating for 20 persons. Sales counter, EPOS till, 2 group coffee machine, coffee grinder, Coca-Cola fridge, under-counter fridge, cool display counter with refrigerated storage section. CCTV system (1 camera),

Rear section used for Yoga Sessions

Toilet with w.c. and wash hand basin

Small Stockroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. mainly via yoga classes

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 11 a.m - 6 p.m

Outside

Rear access for deliveries

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £14,000 p.a. (Increases are capped at no more then 10%)

Business Rates from April 2023 £2,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote