Location: Conner position coffee shop near to the busy crossroad junction and underground train station under Zone 1 and in the center of new developments as an office, Schools, and a large residential area.
OVERVIEW: The shop has a Good décor with Tables & chairs providing seating for 6 covers.
The equipment includes a coffee machine, coffee grinder, stainless steel counter fridge, Juice machine, chiller, wash hand basin, etc.
There is a lot of seating space outside the shop which can be used during summer or when required.
off-street car parking available.
TURNOVER: Currently around £3000 p.w
The net profit is around £95,000 Annually
Potential: The shop sale can be significantly increased by extending the working hours and new menu adding to serving meals.
Additionally: There is a small kiosk at the rear of the shop which can be acquired by just paying rent of £1000 p. a. Kiosk can be used for an additional business like ice cream, hot dogs, and wraps.
STAFF: At present operated by the vendor with the assistance of 3 part-time.
TENURE: Leasehold with 5 years lease remaining (Renewable lease)
RENTAL: £21,000 P.A.
RATES: Small business rates relief.
GOODWILL: To Include the Secure Lease, Fixtures & Fittings: £100,000 Plus stock as per valuation.
Monday - Friday - 8 a.m. - 05.00 p.m.
Saturday - Sunday - 9.00 a.m. - 05.00 p.m.
Call BTC for further details and appointment for viewing: 020 8889 7474