Well Fitted Coffee Shop in North London For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, NW LONDON

Turnover £ 9,000
Price £150,000

Features

Well Fitted Coffee Shop

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 895 ft² WITH ELECTRIC SHUTTERS & CANOPY, laminated strip floor, Sky Light, Spot Lights, sales counter with display fridge, EPOS till. Tables and chairs providing seating for 40 People, CCTV system (3 cameras).

Open plan kitchen area, Coffee Machine (3 Group), 3 x coffee grinder, Panini toaster, fridge,.

Preperation Kitchen, 2 x Oven, preparation table with under counter fridge, freezer

Stock room, 2 freezer.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. with a Gross profit of 65% approx. (Very l;ittle via Portals)

Staff

The business is at present operated by the vendor with 3 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 6am - 6pm
SATURDAY & SUNDAY 7am - 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 2026 with reviews every 5 years (next review 2031) at a current rent of £48,000 p.a.

Business Rates from April 2025 £3,280 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

THE SALE WILL BE VIA SHARE TRANSFER

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote