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Reference R9135

Coffee Shop in South London For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position,sought after residential area, not far from RAILWAY STATION with the advantage of commuters passing the Coffee Shop, on the SURREY/WEST LONDON BORDERS

Turnover 2,000
Price 30,000

Features

Attractive Coffee Shop We Understand The Premises Have A1 Use Only

Small front area with bench seating for 4 persons to -

ATTRACTIVE COFFEE SHOP with tiled floor. Tables & chairs providing seating for 8 persons. Counter, 2 group coffee machine, coffee grinder, toaster, microwave oven, upright open cool display unit, electric fan assisted oven.

Rear section with 2 fridges & 2 deep freezers

Cloakroom with w.c. & wash hand basin

Turnover

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

Staff

The Coffee Shop is at present operated by the lady vendor 2 days per week & is therefore mainly staff operated with 2 part time staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Friday, Saturday & Sunday inclusive - 9 a.m. - 1 p.m.

Tenure

We understand the premises are held on a secure renewable lease having 6 years unexpired from October, 2019 at a rental of 12,600 p.a. exclusive of rates up to October, 2020 with rent to be agreed thereafter. We understand there is also a Break Clause on the tenants side exercisable in October, 2020, if desired.

Uniform Business Rates: We understand 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 30,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 15,000 (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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