Sandwich and Coffee Shop in East London For Sale

Situated in a small parade, excellent trading position, residential, office and commercial area, East LONDON

Turnover £ 2,500
Price £59,950

Features

Old Establilshed Sandwich & Coffee Shop

FORECOURT WITH SEAT FOR 15 PEOPLE
6 DAYS OPENING
5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, tiled floor, hanging lights, , sales counter, cash register, panini machine, microwave, under counter fridge, Espresso Machine.

Tables and chairs providing seating for 22 People

Kitchen with Oven , fridge, sink, freezer.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a Gross profit of 65% approx. (NO PORTALS)

Staff

The business is at present operated by the Husband & Wife team

Trading Hours

6 Day week
MONDAY - SATURDAY 7am - 4pm

Outside

Garage used for storage, Parking space for 2 car.

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 2023 with reviews every 5 years (next review 2028) at a current rent of £10,000 p.a.

Business Rates from April 2026 £5,600 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £59,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 29,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote