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Reference R8888

Coffee Shop in South London For Sale

Coffee Shop in South London For Sale
Coffee Shop in South London For Sale Buy a Coffee Shop in South London For Sale Sell a Coffee Shop in South London For Sale

Register to see map and to make an appointment Occupying a corner position, NEXT TO MAINLINE RAILWAY STATION, end of parade, busy road, residential area SOUTH EAST LONDON

Turnover 2,700
Price 89,950

Features

Well Fitted Sandwich / Coffee Shop (we Understand The Premises Have A1 Use)

ATTRACTIVE DOUBLE FRONTED SANDWICH/COFFEE SHOP with non-slip floor, high ceiling with hanging lighting. Large air conditioning/heating unit. Well equipped including tables & chairs providing seating for 16 persons. Cool display serveover counter, wooden display counter, wooden dresser for display, 2 grills, electric oven, 2 group coffee machine, coffee grinder, 2 panini grills, 2 commercial microwave ovens, 2 upright stainless steel fridges, 2 upright single door deep freezers, 1 under-counter domestic deep freezer, commercial dishwasher, toaster etc.

Fully tiled cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 2,700/3,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by a lady vendor (working approximately 2 days per week only) with the assistance of 2 full time plus 2 part time staff plus 1 casual staff when required.
It will be appreciated upon inspection that with an active owners, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 3.30 p.m.
Saturday opening - 7.30 a.m. - 3.30 p.m.
Sunday opening - 9.30 a.m. - 2.30 p.m.
(Please note the business closes for 6 Sundays during the summer months)

Outside

Rear enclosed yard with 2 storage units

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in November, 2026 at a rental of 13,750 p.a. exclusive of rates up to November, 2021 with rent to be agreed thereafter.

Uniform Business Rates: Nil payable at present after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 89,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 44,975 (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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