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Reference R8030

Coffee Shop in Middlesex For Sale

Register to see map and to make an appointment Occupying a corner position, prime trading location, MIDDLESEX

Turnover £ 2,500
Price £80,000

Features

Superbly Fitted Recently Opened Coffee Shop (catering For Teas, Coffees, Brunches, Sandwiches Etc)

We understand the premises have A3 use

Front area with space for 2 tables & 4 chairs (can be increased)

ATTRACTIVE COFFEE SHOP. Air conditioning/heating. Tables & chairs providing seating for 20/24 persons. Counter, 2 group coffee machine, 2 coffee grinders, double door glass fronted counter fridge, single door counter deep freezer.

KITCHEN. The equipment includes Merrychef panini toaster, dishwasher

Lower ground floor basement with stockroom, deep freezer, fridge
Office
Staff w.c.

Turnover

WE UNDERSTAND the business commenced trading in August, 2017 & we are advised that the turnover is currently in the region of £2,500 p.w. including local deliveries, in our opinion offering tremendous potential for further development in the right hands.

Staff

At present mainly staff operated. Staff employed 1 full time chef plus 4 part time staff plus 1 driver for deliveries.
It will be appreciated upon inspection that with an active husand & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 8 a.m. - 4 p.m.
Saturday & Sunday opening - 8 a.m. - 5 p.m.

Outside

Rear terrace area plus car parking space for 2 cars

Tenure

We understand the premises are held on a new 15 years full repairing and insuring lease from April, 2017 at a rental of £25,000 p.a. exclusive of rates up to April, 2022 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £8,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE 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

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