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Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale

Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale
Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale Buy a Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale Sell a Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale for Sale Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale for Sale Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale for Sale Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale for Sale Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale for Sale Coffee Shop, Sandwich Bar and Patisserie in Central London For Sale for Sale

Register to see map and to make an appointment Situated in a parade, prime position, office & tourist area, not far from The British Museum, C LONDON

Turnover 3,600
Price 140,000

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 3,600 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 31,000 p.a. plus VAT for the first 2 years increasing to 62,000 p.a. plus VAT for the next 3 years with rent reviews every 5 years.

Uniform Business Rates: 15,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in excess of 140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 70,000 (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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