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Reference R9925

Well fitted Coffee Shop in North London For Sale

Well fitted Coffee Shop in North London For Sale
Well fitted Coffee Shop in North London For Sale Buy a Well fitted Coffee Shop in North London For Sale Sell a Well fitted 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, NW LONDON

Turnover £ 3,500
Price £95,000

Features

Well Fitted Coffee Shop & Cafe (a1 Use)

FORECOURT WITH SEATING FOR 8 persons

DOUBLE FRONTED PREMISES in the region of 900 ft² with canopy. Tiled floor, ceiling with hanging lighting. Tables and chairs providing seating for 20 persons. Sales counter, cool display counter with refrigerated storage section.

OPEN PLAN KITCHEN. Commercial microwave oven, electric cooker, 2 fridges, 4 freezers, preparation table, double sink and drainer.

Ladies' & Gentlemen's toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a gross profit of 65% approx. (15% DELIVERIES)

Staff

The business is at present operated by the vendor & her son with the assistance of 2 full time staff.

Trading Hours

7 Day week
MONDAY - THURSDAY 9am - 5pm
FRIDAY - SUNDAY 9am - 6pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 5 years in December 2021 at a current rent of £20,000 p.a.

Business Rates from April 2021 £3,000 approx. (Please contact local authority to confirm)

THE BUSINESS IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (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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