Prime Coffee Shop & Sandwich Bar, City of London EC1, Unique Location in Clerkenwell

Description

LOCATION: Situated at the start of the City of London on a notable street in Clerkenwell, surrounded by historic buildings with impressive architecture. Nearest stations are Chancery Lane and Farringdon. The shop benefits from a prime location with a bus stop outside.DESCRIPTION: Single-fronted unit with a small outside seating area for 4 people. Inside features a takeaway section with a serve-over counter and seating for 17. Stairs lead to a basement with additional seating for 6, a stock room, and a wc. Rear door provides service access.BUSINESS: Owner-run, taking £2,500 to £2,600 per week with a gross profit of 65% to 70%. Potential to increase trade with enthusiastic management.HOURS: 5.5 days. Monday to Friday 8 am to 4 pm, Saturday 9 am to 2 pm. Closed on Sundays.EQUIPMENT: Fully fitted and equipped with large corner fridge display, serve-over counter, large open drinks cooler, Osteria cappuccino machine, grinder, large electric griddle, Panasonic microwave, Buffalo sandwich maker, juicer, under worktop freezer, chest freezer, furniture, and related items.TENURE: Renewable secure council lease with three-yearly rent reviews at £26,500 per annum. Next rent review in 2021. Business rates £6,660 per annum.VIEWINGS: Strictly by appointment only.Negotiations: Through PEGASUS BUSINESS SALES only.