HIGH TAKINGS A1 COFFEE SHOP W1

Price:

Leasehold - £184,500

Turnover:

Seller Ref:

C25846LN

Location:

London

Business Type:

Commercial Property, Food Service Businesses

See Other:

Coffee shops for sale in London
Cafés for sale in London
Bistros for sale in London
Sandwich shops for sale in London
Retail space for sale in London
Food service businesses for sale in London
Commercial property for sale in London

Description:

THE BUSINESS:

REF C25846LN

Located in the heart of Soho on a thouroughfare off Oxford Street and a short distance from the station we offer this rarely available extremely popular coffee shop which caters for local and tourist trade and offers a range of hot and cold foods and drinks.

Immaculate inerior with much money spent the new owner can start trading immediately with no works required. Genuine reason for sale as owners who have owned for 4 years but who have extensive busines interests which divert them elsewhere at present.

Takings are currently £5.900 pw but were higher pre recession and are now increasing again. Rent £45.000. Rates £25.000. min 6 years remaining on renewable lease with next review in 2011 and 5 year reviews.

Opening hours 7am -4pm 5 days only with occasional few hours on Sat. Much scope to increase hours and improve further on takings.

Extensive property over two levels with fully equipped kitchen that could facilitate a delivery round business. Full fixture list available together with audited accounts. Approx size of upper level 800 sq ft to be confirmed.

The business produces in its current format c £80.000 pa bottom line for the owners and is therefore valued at £184.500 for goodwill. fixtures and fittings. Some items are leased.

PLEASE NOTE NO FUTHER SALES PARTICULARS ARE AVAILABLE PLEASE CONTACT US FOR ADDRESS AND VIEWING

Trading Hours:

7-4 5 days. plus occasional Sat opening for limited hours

Accommodation: