« Search more Sandwich Shops for sale in North London
Reference R8031

Coffee Shop in North London For Sale

Register to see map and to make an appointment Excellent trading position, residential & office area, NW LONDON

Turnover £ 10,000
Price £270,000

Features

Superbly Fitted Licensed Coffee Shop

We understand the premises have full A3 use & is Licensed for the sale of wines, beers & spirits.

PARKING IN FRONT OF THE BUSINESS (Pay & Display)

Front area 3 tables & 6 chairs & we understand there is potential to increase the outside seating to 8/10 tables with 16/20 chairs, if desired

SPACIOUS COFFEE SHOP, ceiling with spotlighting, vinyl floor. Air conditioning/heating. Tables & chairs providing seating for 32 persons. Stairs to mezzanine floor with tables & chairs for 12 persons (can be increased). Counter, till with EPOS system. 2 group coffee machine, 3 coffee grinders, panini toaster.

Office

OPEN PLAN KITCHEN AREA with extractor system, electric oven, Merrychef, double deep fryer, panini toaster, 4-door stainless steel counter fridge, 4-door stainless steel counter deep freezer, dishwasher, single sink, wash hand basin etc.

Storage area with 3 deep freezers & 1 fridge

Turnover

WE ARE INFORMED the turnover currently averages £10,000 p.w. including deliveries, in our opinion offering tremendous potential for further increase in the right hands.

Staff

At present mainly staff operated. Staff employed 2 full time chefs plus 3 full time & 1 part time staff. In addition 3 drivers are employed for deliveries.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 6 p.m.
Saturday & Sunday - 8 a.m. - 6 p.m.

Outside

Parking space for 1 car at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired from October, 2017 at a current rental of £24,000 p.a. exclusive of rates with rent revisions. In addition we understand there is a current service charge of £300 per month.

Uniform Business Rates: £10,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LICENSED COFFEE SHOP IN THIS SOUGHT AFTER LOCATION

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £270,000 plus STOCK AT VALUATON
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 135,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

« Search more Sandwich Shops for sale in North London

Buy a Coffee Shop in North London For Sale on NationwideBusinesses.co.uk