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Reference R9608

Artisan Cafe & Coffee Shop (A3) in North London For Sale

Artisan Cafe & Coffee Shop (A3) in North London For Sale
Artisan Cafe & Coffee Shop (A3) in North London For Sale Buy a Artisan Cafe & Coffee Shop (A3) in North London For Sale

Register to see map and to make an appointment Situated in a parade, excellent High Street trading position, residential, office and commercial area, LONDON

Price £150,000

Features

Artisan Café & Coffee Shop - A3 Use

DOUBLE FRONTED PREMISES 420 ft² (39M²) approx. Air conditioning with hot air, laminated strip floor, plasterboard ceiling with pendant lights, sales counter, EPOS till, Serveover refrigerated cabinet, 2 group La Marzocco coffee machine, Victoris Arduino coffee grinder, chilled 4 layer upright cake fridge, under-counter fridge, 2 blenders, juicer, display shelving, etc

Door to -

Unisex toilet, with wash hand basin

Kitchen, preparation area. Air conditioning. Extractor, plasterboard ceiling, LED lights, non slip ceramic tiled floor. Preparation table, double sink with drainer, oven, 4 ring hob, panini press, toaster, full height double door fridge, under-counter freezer,

Turnover

WE UNDERSTAND the vendor enjoys a good turnover, full details will be discussed upon inspection.

Staff

The business is at present operated by the vendor with the assistance of 1 full time staff & 1 part time staff employed. We are informed the wage bill averages £540 p.w. approx.

Trading Hours

7 Day week 7 a.m - 7 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord granted for 16 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £22,500 p.a. We understand there is a Break Cause at the first rent review.

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (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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