Coffee and Tea Kiosk in West London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, West London

Turnover £ 5,750
Price £125,000

Features

Straight Coffee & Tea Shop

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, vinyl floor, suspended ceiling with spot lights, sales counter, EPOS till, coffee grinder, Coffee Machine (2 Group), fridge, drinks display fridge (glass fronted upright), CCTV system (4 cameras, 1 monitor).

Store room.

Staff Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,750 p.w. with a Gross profit of 65% approx. (no portals)

Staff

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

Trading Hours

7 Day week
MONDAY - FRIDAY 6.15am - 4pm
SATURDAY 8am -4pm
SUNDAY 9am - 4pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (Rail Track) granted for 9 years in 2023 with reviews every 3 years (next review 2029) 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 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote