| (REF: R3155) Attractive Coffee Shop |
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| Seller Reference: |
R3155 |
| B4S Reference: |
32558 |
| Asking Price: |
£90,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£114,400 |
| Number of Staff: |
1 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North London, London, United Kingdom |
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Nationwide are pleased to offer to the market : SINGLE FRONT COFFEE SHOP well appointed, woodstrip floor, air conditioning. Tables and chairs providing seating for 26 persons. Large cool display serveover counter, 2 group coffee machine, coffee grinder, electronic cash register.
KITCHEN with convection oven, fridge, deep freeze, sink and drainer, wash hand basin
Customers cloakroom with w.c. and wash hand basin
LARGE BASEMENT with ceramic tiled floor used as INTERNET ROOM with 15 computers.
Storeage area with 5 fridges, 1 deep freeze
The present tenant is of the opinion that the basement area could be converted into a Studio Flat, if desired.
WE ARE INFORMED the turnover averages £2,200/£2,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.
We understand the landlord, subject to satisfactory references, will grant a new 15 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years. (Obviously in the event of the Studio Flat being required, the rental for the first 5 years would be increased to £22,500 p.a. exclusive of rates).
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
To the rear of the business is a STUDIO FLAT available to rent as an optional extra at we understand a cost of £2,500 p.a. The existing Studio Flat comprises:
Bedsitting room with kitchen area
Bathroom with bath, w.c. and wash hand basin
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Location: |
Situated in a parade, excellent main road trading position, sought after residential area, LONDON NW |
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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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Monday - Friday inclusive - 6.30 a.m. - 8 p.m.
Friday & Saturday opening - 8.30 a.m. - 4 p.m. |
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The business is at present operated by the vendor on a part time basis with the assistance of 2 full time plus 1 part time staff. |
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