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ATTRACTIVE NEWLY FITTED COFFEE SHOP (Catering for coffees, teas, sandwiches

Price:
Leasehold - £75,000
Turnover:
Register to view
Seller Ref:
R3248
Location:

London, North London

Business Type:

Food Service Businesses

See Other:
Sandwich shops for sale in London
Coffee shops for sale in London
Tea rooms for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the premises have A1 use.

ATTRACTIVE COFFEE SHOP newly fitted approximately 6 months ago. Woodstrip floor. Tables and chairs providing seating for 12 persons. Counter with refrigerated display section, 2 group coffee machine, coffee grinder, blender, panini toaster, 1 commercial plus 1 domestic microwave oven, sink, wash hand basin etc.

STAIRS TO BASEMENT wood floor area providing potential for additional seating area, if desired.

Cloakroom with w.c. and wash hand basin
Stockroom

WE UNDERSTAND the Coffee Shop commenced trading in approximately July, 2011 and we are further advised that the turnover is currently in the region of £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 9½ years unexpired at a rental of £16,500 p.a. exclusive of rates for the next 2½ years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £4,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, main road trading position, N LONDON
Trading Hours:
Monday - Friday inclusive - 7 a.m. - 7 p.m.
Saturday & Sunday opening - 7 a.m. - 4 p.m.
Accommodation:
Small yard at rear
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