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Reference R7736

Bistro Coffee Shop in Croydon For Sale

Bistro Coffee Shop in Croydon For Sale
Buy a Bistro Coffee Shop in Croydon For Sale Sell a Bistro Coffee Shop in Croydon For Sale

Register to see map and to make an appointment End of parade, occupying a corner position, busy road, SURREY CROYDON

Turnover 1,600
Price 25,000

Features

Attractive well Fitted Coffee Shop & Bistro (a1 Use)

Front area with 2 tables & 4 chairs (We understand a Licence Fee of 170 p.a. is payable).

ATTRACTIVE DOUBLE FRONTED COFFEE SHOP, ceiling with hanging lighting. Air conditioning unit. Tables & chairs plus upholstered bench seating for 32 persons. Counter, touch screen cash register (on rental agreement), 2 group coffee machine, coffee grinder (both on loan & agreement to purchase coffee from the Company), cake display cool cabinet, upright glass fronted fridge.

SMALL KITCHEN with turbo fan oven, 3 counter fridges, fridge/freezer, 2-burner electric hob, small oven, 2 domestic microwave ovens, panini toaster, George Forman Grill, dishwasher etc.

Stockroom
Staff w.c.

Turnover

WE ARE INFORMED the turnover averages 1,600 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 65%. In addition the business operates as a 'Pop-Up Restaurant' & we understand this provides an additional turnover in the region of 400/500 p.w.
It should also be noted that Art Work is displayed on the walls from local artists. The vendor receiving commission on any works that are sold.

Staff

At present operated by the vendor with the assistance of 1 full time lady.

Trading Hours

Monday - Saturday inclusive - 10 a.m. - 6 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approxiomately 8 years unexpired at a current rental of 12,000 p.a. exclusive of rates with rent revisions. We understand there was a rent revision due in December, 2017, however we are further advised that no increase has been requested at the present time. We are further advised that the rent reviews are every 4 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS Offers in excess of 25,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 12,500 (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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