Summary
- Asking price:
-
£78,000
- Sales revenue:
- £160,000
- Net profit:
- < £100k
- Years established:
- 10 years+
- Employees:
- 2 full time and two part time
Business description
Double fronted cafe with large seating area on the main road of Battersea. Established 10 years ago. Profitable and ideal to turn it to a Cafe-Restaurant. A3 licensed.
Property information
- Property:
- Leasehold
- Lease terms:
- The business is held on 2 separate leases from 2 separate landlords.
Lease 1 - 16 years from 2002
Lease 2 - 15 years from 2005.
The current rent for both leases is in the region of £19,750 per year.
- Location:
- Situated in an area of mixed shops offices and residential flats and houses in a heavily populated area of Battersea South West London.
The shop benefits from the high footfall from commuters, shoppers office workers and local residents. On a main bus route, Clapham Junction Railway Station is approximately 10 minutes away.
Other information
- Expansion potential:
- Ideal to turn it to a cafe restaurant, to be fully licensed. Evening opening.
- Support & training:
- to be given to potencial buyer
- Reasons for selling:
- Family and other business interest
- Trading hours:
- Mon-Fri.7.30-5pm and SAT-SUN 9-4.30pm