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Reference R8899

Coffee Shop in South London For Sale

Coffee Shop in South London For Sale

Register to see map and to make an appointment Situated in a parade, sought after residential & office area close to Railway Station, SW LONDON

Turnover 6,000
Price 120,000

Features

Attractive Coffee Shop

Front area with space for 4 tables & chairs

ATTRACTIVE COFFEE SHOP with woodstrip floor, ceiling with inset spotlighting plus hanging lighting over counter area. Air conditioning unit. Tables & chairs providing seating for 20 persons. Gelato ice cream display unit, 2 group coffee machine (owned), coffee grinder (on loan from a coffee company), 1 single panini toaster, ice machine, 3-door glass fronted counter fridge, sink.

Cloakroom with w.c. & wash hand basin

BASEMENT KITCHEN with 6-burner gas cooker & oven, fan assisted convection oven, 2-door stainless steel counter fridge, upright stainless steel deep freezer, additional deep freezer, sink & drainer, dishwasher etc.

Turnover

WE ARE INFORMED the turnover is in the region of 6,000/7,000 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 his wife plus 4 full time & 1 part time staff.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 6 p.m.
Sunday opening - 8 a.m. - 5 p.m.

Outside

Partly covered yard at rear

Tenure

We understand the premises are held on a secure renewable lease for a period of 15 years from March, 2011 at a rental of 21,000 p.a. exclusive of rates up to March, 2021 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 6,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 60,000 (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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