« Search more Coffee Shops for sale in West Norwood
Reference R1318
Situated in a parade, busy trading position, densely populated residential area, SE LONDON WEST NORWOOD
Turnover £ 4,500
Price
£30,000
Features
Licensed Coffee House & Sports Bar
External seating for 8 customers
5 STAR HYGIENE RATING
SINGLE FRONTED PREMISES with double doors. Ceramic tiled floor, spotlights. 4 TV's and priojector system for live screening. BAR. Electric cash register, 2 group coffee machine, coffee grinder and knockout drawer. Under-counter 4 door fridge for beers, full height drinks fridge, ice machine, dishwasher, 3 serving pumps. Toaster, panini press, 2 microwave ovens, marble topped work surfaces, single sink with drainer, wash hand basin. CCTV (9 cameras)
Ladies cloakroom with toilet and sink
Stairs to basement
Pool table, dartboard, gaming machines, TV, sofas and stalls.
Gentlemen's cloakroom with toilet and sink.
Staff toilet with walk-in shower and sink.
Storage with 4 freezers
Turnover
WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a gross profit of 65% approx.
Staff
The business is at present operated by the vendor with 3 full time staff plus the assistance of 1 part time staff. We are informed the wage bill averages £1,200 p.w. approx.
Trading Hours
7 Day week
SUNDAY - SATURDAY 7 a.m - 11 p.m with the exception of Friday & Saturday when the business closes at 12 midnight
Accommodation
We are advised above is a 4 bedroomed flat which is available to rent from the same landlord in the region of £2,000 per calendar month.
Outside
Patio garden to rear with BBQ seating 20 persons.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a RENEWABLE lease from a private landlord, granted for 10 years in 2018 with reviews every 5 years (next review 2023) at a current rent of £15,600 p.a.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005
Price
TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 15,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Coffee Shops for sale in West Norwood
Buy a Licensed Coffee Shop and Sports Bar in West Norwood For Sale on NationwideBusinesses.co.uk
£40,000
African Takeaway in South London
£100,000
Fast Food Takeaway in South London
£190,000
Well Fitted Nightclub in Vauxhall
Coffee Shops in West Norwood
Wine bars in West Norwood
Cafes in West Norwood
Fast Food Restaurants in West Norwood
Other Takeaways in West Norwood
All Businesses in West Norwood
Coffee Shops for sale
Wine bars for sale
Cafes for sale
Fast Food Restaurants for sale
Other Takeaways for sale