Newly Fitted Coffee Shop in South London For Sale

Situated in a parade, excellent main road trading position, residential area, SE LONDON

Turnover £ 500
Price £32,000

Features

New Fitted Coffee Shop

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 575 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, hanging lights, Air conditioning with hot air, sales counter, cash register, Coffee Machine (2 Group), coffee grinder, stainless steel extractor unit, single ring Cooker, microwave, fridge, large fridge, freezer, ice machine, blender, bubble tea machine, hot water boiler. Tables and chairs providing seating for 18 People.

Toilet with w.c. and wash hand basin.

Preparation Kitchen, not utilised

Turnover

WE ARE INFORMED by the owner the turnover currently averages £500 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor

Trading Hours

6 Day week
MONDAY - SATURDAY 9.30am - 6pm

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 2024 with reviews every 5 years (next review 2029) at a current rent of £17,500 p.a.

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 £32,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 16,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote