Coffee Shop plus Delicatessen in Central London For Sale

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

Turnover £ 2,900
Price £80,000

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 HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £26,300 p.a.

Business Rates from April 2025 £5,080 approx. (Please contact local authority to confirm)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote