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London Coffee Shop with Sandwich Bar, Croissant Outlet, and Unused Pizza Oven for Sale

City of London, London, ID 166493

London Coffee Shop with Sandwich Bar, Croissant Outlet, and Unused Pizza Oven for Sale 1
London Coffee Shop with Sandwich Bar, Croissant Outlet, and Unused Pizza Oven for Sale 1
Asking price:
GBP£189 000
Turnover (per year): £195 000 gbp
Owner
Owner's representative

Сontact with me Owner's representative

Description

Restaurant with Three-Bedroom Accommodation

Main activity: food and drink service

Location: not disclosed

Trading days: six days per week

Trading Performance

Current weekly turnover: approximately £3,500 to £4,000

Gross profit margin: approximately 65%

Financial figures source: owner

Previous Pizzeria Trade

Previous menu:

  • Pizza
  • Fresh pasta

Previous weekly sales: approximately £7,000 to £8,000

Delivery sales: included in the previous figures

Food Hygiene

Food hygiene rating: 4

Ground-Floor Premises

Approximate area: 800 sq ft

Frontage: single

Air conditioning: installed

  • Tiled flooring
  • Plasterboard ceiling
  • Track lighting
  • Feature wall lights
  • Pendant lighting

Customer Area

Customer seating: 25

  • Tables and chairs
  • Sales counter
  • Square card payment system
  • Refrigerated display unit

Coffee and Service Equipment

  • Two-group coffee machine
  • Coffee grinder
  • Knock-out drawer
  • Wash hand basin
  • Glass washer

Basement

Approximate area: 500 sq ft

Current use: food preparation

Preparation Equipment

  • Double sink and drainer
  • Dishwasher
  • Induction hob
  • Dual-fuel wood and gas pizza oven
  • Extraction system
  • Turbo fan
  • Additional preparation equipment

Pizza oven: not currently used

Security

CCTV cameras: 11

Customer Facilities

  • Cloakroom
  • Toilet
  • Wash hand basin

Residential Accommodation

Accommodation type: self-contained flat

Access: rear entrance from the shop

  • Fitted kitchen and dining area
  • Three bedrooms
  • Three en-suite shower rooms

Each en-suite includes:

  • Shower
  • Toilet
  • Wash hand basin

Rental Income

Bedrooms currently let: two

Monthly rent per bedroom: £1,100

Asking Price and Sale Contents

Asking price: £189,000

The asking price includes:

  • Goodwill
  • Fixtures
  • Fittings

Stock: payable separately at valuation

Development Options

  • Reintroduce pizza
  • Reintroduce fresh pasta
  • Return the pizza oven to use
  • Restart delivery sales
  • Increase use of the residential accommodation

Funding

Loan funding: may be available

Approval: subject to applicant status

Details

Real Estate: Lease
Square m2: 74
Asking price: 189 000 gbp
Turnover (per year): 195 000 gbp

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