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Reference R8824
Situated in a parade, prime position, office & tourist area, not far from The British Museum, C LONDON BLOOMSBURY
Turnover £ 4,500
Price
£75,000
Features
Superbly Fitted Coffee Shop & Patisserie
We understand the Coffee Shop has A3 use & has recently been refitted at considerable expense, introducing a mains Gas supply.
GROUND FLOOR quality Amtico wood effect floor. Tables & chairs providing seating for 30 persons. Music system. Long counter with cool display section, 2 group coffee machine, coffee grinder, panini toaster, toaster, commercial microwave oven, ice maker. CCTV system, 8 cameras, monitor plus recording.
Stairs to basement area ADDITIONAL SEATING AREA comprising 4 tables, chairs plus 2 sofas providing additional seating for 18/20 persons.
Office
Staff changing
Ladies' & gentlemen's cloakrooms
KITCHEN with tiled floor, electric fan assisted Rational oven, double door stainless steel fridge, 2-door stainless steel counter fridge, upright single door deep freezer, chest deep freezer, double sink & drainer etc.
Turnover
WE ARE INFORMED the turnover is currently in the region of £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Staff
The business is at present operated by 1 of the partners with 2 chefs in the kitchen area plus 4 part time staff in the Coffee Shop area.
Trading Hours
Monday - Friday inclusive - 7 a.m. - 8 p.m.
Saturday opening - 8 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 9 p.m.
Tenure
We understand the premises are held on a new 10 years lease from July, 2021 at a rental of £62,000 p.a. plus VAT until 2026, with rent reviews every 5 years.
Uniform Business Rates 2023: £5,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 37,500 (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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