Coffee Shop, Sandwich Bar and Patisserie in Bloomsbury For Sale

Situated in a parade, prime position, office & tourist area, not far from The British Museum, C LONDON BLOOMSBURY

Turnover £ 4,500
Price £75,000

Features

Superbly Fitted Coffee Shop & Patisserie

We understand the Coffee Shop has A3 use & has recently been refitted at considerable expense, introducing a mains Gas supply.

GROUND FLOOR quality Amtico wood effect floor. Tables & chairs providing seating for 30 persons. Music system. Long counter with cool display section, 2 group coffee machine, coffee grinder, panini toaster, toaster, commercial microwave oven, ice maker. CCTV system, 8 cameras, monitor plus recording.

Stairs to basement area ADDITIONAL SEATING AREA comprising 4 tables, chairs plus 2 sofas providing additional seating for 18/20 persons.

Office
Staff changing

Ladies' & gentlemen's cloakrooms

KITCHEN with tiled floor, electric fan assisted Rational oven, double door stainless steel fridge, 2-door stainless steel counter fridge, upright single door deep freezer, chest deep freezer, double sink & drainer etc.

Turnover

WE ARE INFORMED the turnover is currently in the region of £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The business is at present operated by 1 of the partners with 2 chefs in the kitchen area plus 4 part time staff in the Coffee Shop area.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 8 p.m.
Saturday opening - 8 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 9 p.m.

Tenure

We understand the premises are held on a new 10 years lease from July, 2021 at a rental of £62,000 p.a. plus VAT until 2026, with rent reviews every 5 years.

Uniform Business Rates 2023: £5,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote