| (REF: 1110) City Centre Coffee Shop & Sandwich Bar |
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| Seller Reference: |
1110 |
| B4S Reference: |
26521 |
| Asking Price: |
£19,995
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£100,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
City of London, Central London, United Kingdom |
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KEY FEATURES:
Priced for quick sale
20 cover character parade premises
A prime city centre trading position
Early viewing essential
Good consistent levels of turnover and profitability on 5 day week
Established local reputation and regular customer base
Lots of year round passing trade benefits
Huge development potential
Valuable inventory of equipment included
Adaptable to host of alternative catering styles
Long secure lease
THE BUSINESS:
Local Commercial Ltd are proud to offer to the market this popular cafe / coffee shop which currently is Operating from superbly fitted and presented semi detached parade premises of real charm and character, the business currently primarily offers a full and varied in-house, take away and local delivery menu of classic hot and cold coffee shop, snacks, sandwiches, side orders and beverages, all prepared freshly to order in its extensively equipped catering facilities and served in the very pleasant surroundings of an attractively furnished and appointed dining area which may accommodate up to twenty covers in style and comfort.
This is now a very well established concern which enjoys all the considerable commercial advantages of a fantastic
corner trading position.
The Business also provides a popular outside catering service of lunchtime buffets and would naturally furnish any enthusiastic purchaser with vast scope for continued growth, not least with regard to a degree of menu expansion, further development of its outside catering services and to operating considerably extended hours in order to fully exploit year round local demand.
The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services particularly with reference to the introduction of online advertising and ordering in order to improve upon the already very respectable opening levels of turnover and profitability it has achieved since being established some three successful years ago by the current proprietor with the aid only of a small experienced and motivated team of one full time and one part time assistants who would be an asset to any purchaser and we would strongly recommend the earliest possible viewing to avoid disappointment.
Financial Information
Current average weekly takings in the region of £1,200 with huge scope to increase.
Turnover £65,000 PA
Net profit to discuss with Vendor at Viewing
Lease
The premises are being offered with the benefit of a long secure 20 year lease issued in 2007 with reviews every 3
years.
Rent
The current rent stands at £26,000 per annum a figure which we understand is inclusive of Business Rates and all
water, electricity and service charges.
Trading Hours
Monday – Friday 7am – 6pm; Saturday & Sunday CLOSED.
PROPERTY DESCRIPTION
Fitted and presented to superb trade specifications throughout, these substantial and extremely well maintained leasehold semi detached character parade premises provide truly outstanding internal business accommodation which consists of a broad inviting glazed double fronted double door public entrance with display window space on two sides directly off Rosebery Court into the main, bright, welcoming and deceptively spacious in house and customer service and waiting area with tiled flooring throughout for easy cleaning, suspended ceiling, diffused fluorescent lighting and attractive furnishings for approximately twenty internal dining covers.
The customer service area houses a full range of modern display and customer servery facilities including a substantial double glass fronted refrigerated delicatessen style display serve-over counter with prominent menu boards, electronic till point, a small fully equipped open planned preparation area with modern coffee machine,
feature Victorian jacket potato oven, chilled drinks display cabinet, electronic till point and access through to a fully fitted and equipped adjoining commercial kitchen with extraction system housing ample work surfaces,
storage units and a further range of modern catering appliances including 2 x grills and various microwave,refrigerator and freezer storage units etc together with a fully equipped preparation/washing up kitchen area.
Further ancillary business accommodation consists of all the usual washroom/WC facilities for staff and customers. The premises also enjoy the added safety and security benefits of steel roller shutters to the shop front and full fire
and intruder alarm systems.
Externally
Occupying a fantastic and much sought after trading position among other complementary outlets on a high footfall city centre retail thoroughfare, to the exterior the premises are well signed and attractively presented and afford ample and inviting double fronted display window space onto a small pavement trading area providing additional external dining covers in good weather.
Fixtures & Fittings
The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price.
Viewing and Confidentiality
All arrangements to view are strictly by an appointment through the Offices of Local commercial. And no approaches what so ever should be made to the owner or the business. For an appointment to view please telephone 01254 776022.
Quote Ref 1110
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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