Coffee Shop & Deli in Finsbury For Sale

Situated in a parade, excellent trading position, office area close to Underground Station, CITY OF LONDON FINSBURY

Turnover £ 2,800
Price £89,500

Features

Attractive Coffee Shop & Deli Bar

SINGLE FRONTED COFFEE SHOP/DELI BAR with laminated strip floor. Tables & chairs providing seating for 20 persons. Counter plus cool display counter, 3 group coffee machine, coffee grinder, panini toaster, grill, microwave oven, toaster etc.

Stairs to basement with laminated strip floor. Tables & chairs providing additional seating for 12 persons.

Cloakroom with w.c. & wash hand basin

Storeroom with 2 deep freezers & 2 fridges

Turnover

WE ARE INFORMED the turnover averages £2,800/£3,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

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

Trading Hours

Monday - Friday inclusive - 8 a.m. - 5 p.m.
Saturday opening - 9 a.m. - 2 p.m.
Sunday opening every other Sunday from 10 a.m. - 2 p.m.

Tenure

We understand the premises are held on a renewable Council lease, the present lease having approximately 2 years unexpired at a rentla of £23,500 p.a. exclusive of rates.

Uniform Business Rates: £7,920 p.a.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 44,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote