COFFEE SHOP / COCKTAIL BAR WITH OUTSIDE SEATING AND 2.30AM LICENCE in Middlesex For Sale

Occupying a prestigious corner position, excellent High Street trading position, residential, office and commercial area, HARROW, Middx.

Price £99,500

Features

Coffee Shop / Cocktail Bar with Outside Seating (230am Licence)

Outside area to front and side seating 48 people.

Large double door entrance with feature bow fronted window. AIR-CONDITIONED PREMISES in the region of 1,100 ft², carpet flooring, suspended ceiling with spot lights.

Tables and chairs seating 55 people.

BAR - Touch screen cash register, coffee machine (3 group), grinder, knock out drawer, under counter fridges, wash hand basin, mirror backed shelving. Cake display fridge, painin press, blender, etc.

Customer cloakroom with toilet and wash hand basin.

Office.

Large storage area to the rear.

Access to basement in the region of 120 ft²

Turnover

WE UNDERSTAND the business enjoys a good turnover, full details will be discussed upon inspection.

Staff

The business is at present operated by the vendor on a part time basis with 2 full time and 1 part time staff.

Trading Hours

7 Day week

MONDAY - SATURDAY 6 a.m. - 11 p.m.
SUNDAY 8 a.m. - 6 p.m.

(Licensed to open until 2.30 am)

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 2022 with reviews every 5 years (next review 2027) 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 RELOCATION DUE TO OTHER BUSINESS INTERESTES.

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote