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Reference R7908

Licensed Boutique Café & Coffee Shop in North London For Sale

Licensed Boutique Café & Coffee Shop in North London For Sale
Licensed Boutique Café & Coffee Shop in North London For Sale Buy a Licensed Boutique Café & Coffee Shop in North London For Sale Sell a Licensed Boutique Café & Coffee Shop in North London For Sale Licensed Boutique Café & Coffee Shop in North London For Sale for Sale Licensed Boutique Café & Coffee Shop in North London For Sale for Sale

Register to see map and to make an appointment Occupying a corner position, busy road, sought after NW LONDON

Turnover £ 3,500
Price £130,000

Features

Superbly Fitted Licensed Boutique Café & Coffee Shop Reduced For Early Sale To £130,000 Plus Stock At Valuation, Subject To Contract

Outstanding opportunity to acquire a most attractive Boutique Café/Coffee shop, newly fitted at considerable expense. In our opinion the business offers tremendous potential for development in the right hands.

Front area with 5 tables & 10 chairs

IMPRESSIVE BOUTIQUE CAFÉ & COFFEE SHOP with electric shutters. Ground floor ( 55 sq m / 600 sq ft) quality non-slip floor, high ceiling with air conditioning, hanging lighting. Quality music system. Window bar with 6 chairs, upholstered seating plus stools & tables providing total seating on the ground floor for 20 persons. Attractive counter, Marzocco Modbar 2 group coffee machine, 3 coffee grinders, specialist Steampunk tea machine, computerised till, Hobart dishwasher, sink etc.

Fully tiled disabled cloakroom with w.c. & wash hand basin

ATTRACTIVE SPIRAL STAIRCASE to basement area (88 sq m / 950 sq ft). Quality floor. Tables & chairs providing seating for an additional 30 persons.

KITCHEN with electric oven, Hobart dishwasher, upright stainless steel Williams fridge, upright stainless steel deep freezer, 2 3-door stainless steel counter fridges, worksurfaces, electric hob, large sink etc.

Staff cloakroom
Stockroom

Turnover

WE ARE INFORMED the turnover is currently in the region of £3,500/£4,000 p.w. in our opinion offering tremendous potential for further development in the right hands. We understand the vendor has recently obtained a Premises Licence for the sale of wines & in our opinion there is terrific potential to introduce the sale of wine, if desired, subject to obviously obtaining the necessary Personal Licence.

Staff

The business is at present operated by the vendor with the assistance of 2 full time & 4 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 6 p.m.
Saturday & Sunday opening - 10 a.m. - 8 p.m.

Tenure

We understand the premises are held on a secure renewable lease for a period of 10 years from August, 2016 at a current rental of £65,000 p.a. exclusive of rates up to August, 2021 with rent to be agreed thereafter.

Uniform Business Rates: £12,828 p.a.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED BOUTIQUE CAFÉ/COFFEE SHOP IN THIS EXCELLENT TRADING POSITION.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (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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