Coffee Shop & Cafe Bar In SW London Town For Sale South West, London, United Kingdom Advert ref: CS438CG Business description
A well presented café/coffee bar in an excellent corner position with seating for approximately 22 customers inside and a further 16 outside. The retail area of the shop (including servery) is approximately 21 sq metres (225 sq ft) and there is a small staff/storage area to the rear.
The menu consists of mainly of Croissants, Panini’s, Pies and Savouries, Filled Baguettes and Jacket Potatoes. The bread products are freshly baked on the premises in one of the 2 electric ovens. Other equipment includes: 2 freezers, 2 Panini grills, Gaggia Coffee machine, microwave and toaster. All equipment is owned by the vendor and included in the sale. The majority of the customers are regular commuters, shoppers and local residents with some additional passing trade.
We are informed that the takings are in the region of £2,500 per week and in our opinion there is massive scope to dramatically increase the turnover in this heavily populated area.
Property: Leasehold
Lease terms
The current lease commenced in December 2006 and runs for 15years. The rent is £18,000per year and the next rent review is in December 2011.
Location
Situated at the end of a small parade of shops close to the town centre and residential area, the shop benefits from the high footfall from commuters, shoppers and local residents. Customer parking (restricted) is available nearby and parking for the owner may be available at the cost of £100 per month by application to the landlord of a block of residential flats adjacent.
Financing available
Contact for details
Related documents
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| | Financial details Asking price: £63,500
Sales revenue: < £200k
Net profit: < £100k
Furniture / Fixtures value: £10,000
Inventory / Stock value: £1,000 |
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