Attractive Coffee Shop in West London For Sale

Situated in a parade, excellent main road trading position, sought after residential area, WEST LONDON

Turnover £ 1,250
Price £65,000

Features

Well Presented Coffee Shop

5 STAR HYGIENE RATING
REAR GARDEN WITH SEATING FOR 8 PEOPLE

SINGLE FRONTED PREMISES in the region of 480 ft² with tiled floor, spot and haning lighting, Air conditioning with hot air, sales counter, EPOS till, Coffee Machine (2 Group), coffee grinder, under counter fridges, glass fronted drinks display fridge, Tables and chairs providing seating for 20 People with storage, CCTV system (3 cameras, 1 monitor).

Kitchen with microwave, Air fryer, deep fryer, fridges, freezer, Panini toaster, dishwasher.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,250 p.w. with a Gross profit of 65% approx.(NO DELIVERIES)

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 8am - 5pm
SATURDAY 9am - 5pm
SUNDAY 10am - 5pm

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £18,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote