Newly Refurbished Coffee Shop with Indian food for sale in East London Ref No: CS0395

Location:
This is a great opportunity to acquire a newly refurbished cafe in a posh area, very close to nurseries and schools. The cafe is conveniently located near bus and train stations, and it is situated in a prime location between residential and commercial areas.

Overview:
This is a newly established cafe in very good condition and good décor with a seating capacity of 42. It has CCTV, air conditioners, craps machine, stainless steel counter fridge, under counter freezer, microwave, coffee machine, wash hand basin, and other equipment. The cafe is located near 8 nurseries and 3 schools, which gives it a lot of potential to expand. The cafe also has a storage space and a garden space at the back, where it can accommodate 12 more customers inside and 30 outside. The cafe offers a variety of Indian street food, rolls, burgers, smoothies, and more. New buyers can add more items to the menu and increase sales.

Current vendor is retiring because of long commute and other personal commitments.

Turnover: £2000 per week

Potential: This business offers a great opportunity for future owners to expand the garden area and add sheesha services to the premises. The business is already listed on Uber Eats and Just Eat, and its website is under development. These factors will help increase the business’s revenue as it can offer delivery options to customers.

Shop size: Total area: Approx 1175 sq,ft

* 340 sqft approx. shop floor
* 160 sqft approx. alleyway
* 200 sqft approx. kitchen
* 375 sqft approx. Garden at rear
* 100 sqft approx. Storage space

Tenure: Leasehold – 12 years of lease remaining (Renewable lease)

Rent: £11,400 per annum

No business rates

Trading hours:

Monday and Tuesday CLOSED
Wednesday – 8 am to 4 pm
Thursday to Saturday: 8 a.m to 9 p.m
Sunday – 8 am to 4 pm

Additional potential: Oncoming buyers can increase the hours of operation and can keep the café open from early morning till midnight and can oopennshop all 7 days as currently is closed for 2 days.

The business is marketed for £100,000 plus SAV. It includes the goodwill, fixtures and fittings.

Call BTC for further details and to book a viewing: 020 8889 7474 or email us at [commercial@btcint.com]

Tenure: Leasehold