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

City of London, London, ID 166498

Prime Coffee Shop & Sandwich Bar, City of London EC1, Unique Location in Clerkenwell 1
Prime Coffee Shop & Sandwich Bar, City of London EC1, Unique Location in Clerkenwell 1
Asking price:
GBP£85 000
Turnover (per year): £125 000 gbp
Owner
Owner's representative

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Description

Business type: café and takeaway

Location: Clerkenwell, London

Tenure: leasehold

Financial Information

Average weekly turnover: approximately £2,500–£2,600

Gross profit margin: approximately 65%–70%

Annual rent: £26,500

Annual business rates: £6,660

Location

  • Near Chancery Lane station
  • Near Farringdon station
  • Bus stop outside the premises
  • City of London fringe location

Premises

  • Single-fronted unit
  • Takeaway and serve-over counter area
  • Indoor seating for approximately 17 customers
  • Outside seating for approximately four customers
  • Basement seating for approximately six customers
  • Basement stockroom
  • Customer toilet
  • Rear service access

Equipment

  • Corner refrigerated display
  • Serve-over counter
  • Open drinks cooler
  • Osteria cappuccino machine
  • Coffee grinder
  • Large electric griddle
  • Panasonic microwave
  • Buffalo sandwich maker
  • Juicer
  • Under-counter freezer
  • Chest freezer
  • Tables and chairs

Trading Hours

  • Monday to Friday: 8:00 am–4:00 pm
  • Saturday: 9:00 am–2:00 pm
  • Sunday: closed

Staff

Operation: owner-run

Lease Terms

Lease: renewable council lease

Rent reviews: every three years

Viewings

Viewings: strictly by appointment

Negotiations: through Pegasus Business Sales

Details

Real Estate: Lease
Asking price: 85 000 gbp
Turnover (per year): 125 000 gbp
Rent (per year): 26 500 gbp

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