Cafe Coffee Shop in South West London For Sale South West London, United Kingdom Advert ref: CF443CG Business description
A well presented café/coffee bar in an excellent position with seating for approximately 35 customers. The retail area of the shop (including servery) is approximately 54 sq metres (580 sq ft) and there is a small staff/storage area to the rear.
The menu is varied and offers hot & cold café meals, snacks and drinks all freshly prepared on the premises.
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. Taking around £3,000pw
Property: Leasehold
Lease terms
The business is held on 2 separate leases from 2 separate landlords.
Lease 1 - 16 years from 2002
Lease 2 - 15 years from 2005.
The current rent for both leases is in the region of £19,750 per year.
Location
Situated in an area of mixed shops and residential flats and houses in a heavily populated area of Battersea South West London.
The shop benefits from the high footfall from commuters, shoppers and local residents. On a main bus route, Clapham Junction Railway Station is approximately 10 minutes away.
Expansion potential
In our opinion there is massive scope to dramatically increase the turnover in this heavily populated area as there is scope for evening opening (subject to permissions).
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| | Financial details Asking price: £79,950
Sales revenue: < £200k
Net profit: < £100k
Furniture / Fixtures value: £15,000
Inventory / Stock value: Undisclosed |
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