Attractive Newly Fitted Coffee Shop For Sale

Business description

We understand the premises have A1 use.

ATTRACTIVE COFFEE SHOP newly fitted approximately 6 months ago. Woodstrip floor. Tables and chairs providing seating for 12 persons. Counter with refrigerated display section, 2 group coffee machine, coffee grinder, blender, panini toaster, 1 commercial plus 1 domestic microwave oven, sink, wash hand basin etc.

STAIRS TO BASEMENT wood floor area providing potential for additional seating area, if desired.

Cloakroom with w.c. and wash hand basin
Stockroom

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 9½ years unexpired at a rental of £16,500 p.a. exclusive of rates for the next 2½ years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £4,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, main road trading position, N LONDON

Business Operation

Expansion potential:

WE UNDERSTAND the Coffee Shop commenced trading in approximately July, 2011 and we are further advised that the turnover is currently in the region of £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 7 a.m. - 7 p.m.
Saturday & Sunday opening - 7 a.m. - 4 p.m.

Employees:

At present staff operated with 1 full time and 3 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance