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Reference R9646

Excellent Coffee Shop in North London For Sale

Excellent Coffee Shop in North London For Sale
Excellent Coffee Shop in North London For Sale Buy a Excellent Coffee Shop in North London For Sale Sell a Excellent Coffee Shop in North London For Sale

Register to see map and to make an appointment Situated in a Parade, excellent main road trading position, residential, office and commercial area, NORTH LONDON

Turnover 4,200
Price 110,000

Features

Coffee Shop (a1 Use)

DOUBLE FRONTED PREMISES 970 ft (90 M). Industrial non-slip floor. Air conditioning. Tables and chairs providing seating for 36 persons. Sales counter, glass fronted cake display, 2 refrigerated display units (880mm & 1100mm), Merrychef oven, new EPOS till system with 2 monitor & pointone system, Sanremo 3 group coffee machine, Sanremo coffee grinder, 2 Blendtec commercial blenders, convection oven (for pastries), ice machine, oven, commercial dishwasher 2 commercial fridges, 2 commercial freezers, additional under-counter fridge & freezer, etc.

Disabled toilet with w.c. and wash hand basin plus baby changing unit

Basement, used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages 4,200 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by 2 partners with 3 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY inclusive 7.30am - 6pm
We are advised the premises can operate from 6 a.m. - 19.30 p.m.

Outside

Outside seating for 6 persons

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2011 with reviews every 5 years (next review 2026) at a current rent of 50,000 p.a. + VAT. We understand the Landlord, subject to satisfactory references, will grant a new lease at the same rent.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 55,000 (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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