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Reference R3104
Situated in a Parade, excellent trading position, residential, office and commercial area, unit 1 in Surrey & unit 2 in South London.
Turnover £ 2,500
Price
£85,000
Features
Hospitality & Events Venue Plus Afternoon Teas
2 DAYS OPENING.
5 STARS HYGIENE RATING
E CLASS
EXPERIENCE LEAD PARTIES
SHOP 1
DOUBLE FRONTED TEA ROOM in the region of 1,325 ft² with laminated strip floor, lights, sales counter, Coffee Machine (2 Group) Tables and chairs providing seating for 70 People (over 2 floors).
Kitchen with sink, deep freeze, over, hob, painini machine.
First Floor
Toilet with w.c. and wash hand basin.
SHOP 2
DOUBLE FRONTED PREMISES WITH SHUTTERS, laminated strip floor, lights, sales counter, painini machine, Coffee Machine (2 Group) Dulwich Tables and chairs providing seating for 30 People
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.
Staff
The business is at present operated by the vendor with the assistance of 4 part time staff as required.
Trading Hours
2 Day week
SATURDAY - SUNDAY VIA BOOKINGS ONLY
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £14,100 p.a.
Business Rates from April 2026 £5,000 approx. (Please contact local authority to confirm)
SHOP 2 WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) at a current rent of £12,840 p.a.
NIL Business Rates after full relief (Please contact local authority to confirm)
We further understand that the landlords on both units, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
SALE VIA SHARE TRANSFER
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
OR SHOP 1 (ONLY) TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
OR SHOP 2 (ONLY) TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Coffee Shops for sale in Surrey
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