Cafe & Coffee Shop in Clapham South For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, SW LONDON CLAPHAM SOUTH

Turnover £ 4,500
Price £60,000

Features

Well Established Cafe & Coffee Shop

6 DAYS OPENING

5 STAR HYGIENE RATING

Rear garden with seating for 24 persons in the summer months.

SINGLE FRONTED PREMISES in the region of 460 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with panel lights and ceiling fans. LED TOLD VENDOR. Tables and chairs providing seating for 44 persons. Sales counter, cash register. CCTV system (8 cameras, 1 monitor),

KITCHEN. Stainless steel extractor unit, 4-burner gas cooker, flat top grill, 2 table top fryers, 3 microwaves, 3 toasters, 4 freezers, 3 fridges, bain marie, 3 group coffee machine, coffee grinder, preparation table, water boiler.

Walk-in coldroom

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

Stockroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by 2 partners with 2 full time staff employed.

Trading Hours

6 Day week
MONDAY - FRIDAY 6 a.m - 4 p.m
SATURDAY 7 a.m - 3.30 p.m

Outside

Rear garden with seating for 24 persons in the summer months.

2 storage sheds

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2011 with reviews every 4 years (next review 2027) at a current rent of £23,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote