Licensed Coffee Shop in Penge For Sale

Situated in a parade, excellent main road trading position, with school opposite, commercial and residential area, PENGE, LONDON, SE20

Turnover £ 2,400
Price £25,000

Features

Licensed Coffee Shop

5 DAYS OPENING
TOTAL SEATING FOR 30 PEOPLE
FORECOURT WITH SEATING for 16 PEOPLE

DOUBLE FRONTED PREMISES in the region of 380 ft² WITH ELECTRIC SHUTTERS & CANOPY, tiled floor, sales counter, cash register, Coffee Machine (2 Group), coffee grinder, ice machine, 4 fridge, 2 freezer, hot plate, 2 toasters, air fryer, Slushie Machine. Tables and chairs providing seating for 14 People, CCTV system (2 cameras)

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,400 p.w. with a Gross profit of 65% approx. (NO PORTALS)

Staff

The business is at present operated by 2 full time & 1 part time staff.

Trading Hours

5 Day week
WEDNESDAY - SUNDAY 8am - 4pm

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 £13,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 12,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote