Licensed Coffee Shop in South London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, SE LONDON

Turnover £ 1,500
Price £60,000

Features

Well Fitted Licensed Coffee Shop

FULL A3 & A5 USE
FORECOURT WITH SEATING FOR 4 PEOPLE (could be expanded)
TOTAL SEATING FOR 54

SINGLE FRONTED PREMISES in the region of 435 ft² WITH ELECTRIC SHUTTERS AND CANOPY, tiled floor, sales counter, EPOS till, Cake glass display cabinets, Coffee Machine (2 Group), coffee grinder, 3 Under counter drinks display fridge (glass fronted upright), drinks display fridge (glass fronted upright), ice machine, glass washer, surround sound music. Tables and chairs providing seating for 25 People, CCTV system (10 cameras, 1 monitor).

Basement, with Tables and chairs providing seating for 25 People.

Walkin coldroom.
Ladies' & gentlemen's Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,500 p.w. with a Gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by the lady vendor with 2 full time staff employed.

Trading Hours

7 Day week (LICENSED TILL 11PM)
MONDAY - SUNDAY 8am - 2pm

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £20,000 p.a. for the first 4 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, 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