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Reference R9330

Coffee Shop in South London For Sale

Coffee Shop in South London For Sale

Register to see map and to make an appointment Occupying excellent trading position, SOUTH WEST LONDON not far from RICHMOND, SURREY

Turnover 8,000
Price 47,500

Features

Licensed Coffee Shop / Restaurant

This Licensed Coffee Shop/Restaurant caters for teas & coffees, all day breakfasts, lunches & evening meals.

SPACIOUS COFFEE SHOP/RESTAURANT with tiled floor. Air conditioning. Tables & chairs providing seating for a maximum of 46 persons. 2 double door glass fronted counter fridges, counter, 2 group coffee machine, coffee grinder.

LEVEL KITCHEN with 2 stainless steel hoods, 4 deep fryers, 2 griddles, 3-door stainless steel counter fridge, 1 plus 2 door counter fridge, stainless steel fridge, stainless steel deep freezer, double sink & drainer, dishwasher, wash hand basin etc.

Cloakroom with w.. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 8,000 p.w. including takeaway & some deliveries, in our opinion offering further potential to increase in the right hands.

Staff

At present operated by a husband & wife team with 2 full time & up to 10 part time staff as required.

Trading Hours

Sunday - 10 a.m.- 3 p.m.
CLOSED ALL DAY MONDAY
Tuesday - Saturday inclusive - 10 a.m. - 9.30 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in March, 2021 at a current rental of 23,500 p.a. exclusive of rates up to the end of the lease, we are advised, to an approved applicant the Landlord is prepared to extend the lease by 10 / 15 years.

Uniform Business Rates: 7,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS 47,500 plus STOCK AT VALUATION

Finance

Subject to status, you maybe able to borrow up to 23,750 (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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