Newly fitted Coffee Shop in Middlesex For Sale

Situated in a parade, busy road with easy distance of the M25, MIDDLESEX/SURREY BORDERS.

Turnover £ 1,000
Price £40,000

Features

Newly Fitted Sandwich Bar & Coffee Shop

SINGLE FRONTED PREMISES in the region of 365 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot and LED lighting, cool display counter with refrigerated storage section, EPOS till. Tables and chairs providing seating for 8 People (can be expanded to 24).

Kitchen with Panini toaster, microwave, Oven, bain marie, 2 fridges, 2 under counter freezer, under counter fridge, sink and drainer.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,000 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

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

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £12,000 p.a. In addition we understand there is a Service charge of £3,000 p.a. approx.

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 £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote