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30 Advert ID 16504   Sellers Ref : R9041
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Attractive newly fitted COFFEE SHOP plus BAR (Full On Licence) For Sale

Business Summary:


* Location : London
* Town : West London
* Turnover : £ 1,000 p.w.

* Leasehold Price : £ 45,000

Agent :  Nationwide Businesses Ltd


 

Description : Outstanding opportunity to acquire a newly established Coffee Shop with the advantage of recently obtained Full On Licence for the sale of wines, beers and spirits.

The business is situated in a prime trading position with the advantage of a market close by operated 6 days per week. As stated the Coffee Shop occupies a prime position in this densely populated commercial area with the advantage of many tourists utilising the hotels nearby.

Front area with space for 3 tables plus 4 chairs (can be increased)

SPACIOUS GROUND FLOOR COFFEE SHOP/BAR, woodstrip floor. Tables and chairs plus sofas providing seating for 28 persons. Long counter with attractive top, 2 curved cool display serveover counters, 1 upright double door glass fronted drinks display fridge, 3-door glass fronted counter fridge, 3 group coffee machine, panini toaster, microwave oven, sink and drainer, optics etc.

Staircase to large basement, fully carpeted. Tables, chairs plus sofas providing seating for an additional 30 persons.

Customer's cloakroom with w.c. and wash hand basin
   
Location : Situated in a parade, prime trading position, close to hotels and offices, LONDON
   
Trading Hours : 9 a.m. - 7 p.m. seven days per week
The vendor has recently extended the hours to 9 p.m. after the obtaining the Full On Licence for the sale of wines, beers and spirits.
   
Staffing : The business is at present operated by the vendor on a part time basis with the assistance of 1 full time staff plus family help when required.
   
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 9½ years unexpired at a rental of £37,500 p.a. exclusive of rates for the next 4½ years, with rent to be agreed thereafter.

Uniform Business Rates: £7,310 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

PLEASE NOTE OBVIOUSLY THE ASSIGNMENT OF THE LEASE IS SUBJECT TO THE LANDLORD'S LICENCE TO ASSIGN, HOWEVER, WE UNDERSTAND THAT THE LANDLORD WILL REQUIRE A 6 MONTHS RENT DEPOSIT.


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