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Price Drop! Lovely Leasehold Coffee Shop, 2 Mins from Worthing Station, West Sussex

Worthing, West Sussex, ID 232370

Price Drop! Lovely Leasehold Coffee Shop, 2 Mins from Worthing Station, West Sussex 1
Price Drop! Lovely Leasehold Coffee Shop, 2 Mins from Worthing Station, West Sussex 1
Asking price:
GBP£20 000
Turnover (per year): £6 000 gbp
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Description

Ideally situated just two minutes from Worthing Railway Station, this is a very attractive coffee shop in Worthing, offered for sale due to the owner being unable to commit sufficient time because of family commitments. The business has already developed a loyal and growing customer base, supported by strong Google reviews.The café currently serves locally sourced coffee, sweet and savoury items supplied by other local independent businesses, as well as sandwiches and toasties. There is clear scope to expand the menu further to increase profitability. The premises currently provide seating for approximately 20 customers, with potential for additional seating if required.The business is being sold as a lease, fixtures and fittings opportunity. The ongoing trading business is not included. The sale includes all appliances, equipment, and stock, with the premises presented to a high standard and ready for immediate operation by a new owner.The lease has 9 years remaining at £7,200 plus VAT per annum, payable quarterly in advance, with a security deposit of £4,320 including VAT. The business has been trading for just over 7 months, which is reflected in the asking price and intended for a quick sale.

Details

Real Estate: Lease
Reason for selling: Health or personal issues
Asking price: 20 000 gbp
Turnover (per year): 6 000 gbp
Rent (per year): 7 200 gbp

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