Coffee Shop, Croissants And Sandwich Bar In Central London For Sale

Description

Six days opening with a four-star hygiene rating. Exceptional single-fronted, air-conditioned premises extending to approximately 800 sq ft, featuring tiled flooring and a plasterboard ceiling with track lighting, feature wall lights, and pendant fittings. The premises are fitted with a CCTV system comprising 11 cameras. Tables and chairs provide seating for 25 customers. The sales counter includes Square card payment facilities, a display chiller, two-group coffee machine, grinder, knock-out drawer, wash hand basin, and glass washer. Stairs lead to a basement of approximately 500 sq ft, housing a preparation area with double sink and drainer, dishwasher, and induction hob. A dual-fuel (wood and gas) pizza oven is installed with an extraction system and turbo fan. A cloakroom with toilet and sink is also provided.

Location: Situated within a parade in an excellent trading position, serving both residential and commercial areas, and located adjacent to an underground station in East London.

Turnover: The owner has advised that current turnover averages between £3,500 and £4,000 per week, with an approximate gross profit of 65%. Historically, the premises traded as a pizzeria specialising in pizza and fresh pasta, which could readily be reintroduced, with previous sales in the region of £7,000 to £8,000 per week, including delivery.

Staffing: The business is currently operated by the vendor with the assistance of one part-time member of staff.

Price: £199,000 to include goodwill, fixtures, and fittings, plus stock at valuation. A substantial loan may be available to an approved applicant.