Station Coffee Shop in Hackney Central For Sale

Situated in a RAILWAY STATION, unopposed trading position, EAST LONDON HACKNEY CENTRAL

Turnover £ 2,800
Price £68,000

Features

Station Coffee Shop

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 300 ft² with MANUEL SHUTTERS. Woodstrip floor, ceiling with hanging lights. Sales counter, cash register, 2 group coffee machine, coffee grinder, 2 glass fronted upright single door drinks display fridges, hot display cabinet (for pasties), oven, 2 fridges, freezer, deep freeze, sandwich toaster.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,800 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by 2 partners

Trading Hours

6 Day week
MONDAY - FRIDAY 6.30 a.m - 6.30 p.m
SATURDAY 9 a.m - 4 p.m

We are advised the business closes for for the whole of August.

Tenure

WE UNDERSTAND any prospective purchaser will have to negotiate direct with Transport for London new terms. Current rent £9,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £68,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 34,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote