Licensed Coffee Shop & Restaurant in West London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, West London

Turnover £ 4,000
Price £100,000

Features

Licensed Coffee Shop with Full A3

PATIO WITH SEATING FOR 20 PEOPLE

SINGLE FRONTED PREMISES in the region of 1,140 ft² WITH SHUTTERS, laminated strip floor, ceiling with hanging lights, Air conditioning unit, sales counter, EPOS till, Coffee Machine (3 Group), 2 coffee grinders, drinks display fridge (glass fronted upright double-door), cake display fridge, Tables and chairs providing seating for 38 People.

Kitchen with stainless steel extractor unit, oven, grill, 2 fridges, 5 freezers, etc, Tandoori oven, etc.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 65% approx. (25% ONLINE SALES)

Staff

The business is at present operated by the vendor part time with 2 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 8am - 6pm
SUNDAY 9am - 6pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £19,200 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote