Coffee Shop in East London for Sale

Coffee Shop in East London For Sale

SPACIOUS SINGLE FRONTED PREMISES in the region of 980 sq. ft. area. Woodstrip floor, ceiling with hanging lighting. Tables & chairs providing seating for 32. Counter, 2 group coffee machine, coffee grinder plus an additional small coffee grinder, 1 3-door glass fronted counter fridge.

OPEN PLAN KITCHEN AREA with non-slip floor, stainless steel extractor, stainless steel cladding to walls of cooking area, electric grill, Rational fan assisted oven, 4-burner induction cooker, small deep fryer, gravity feed slicer, 3-door stainless steel counter fridge, 2 stainless steel upright fridges, 2 counter deep freezers, upright glass fronted double door fridge, single sink & drainer etc.

WE ARE INFORMED the turnover averages £4,000 p.w. including takeaway. In addition there are some deliveries via Uber Eats.

At present operated by a lady vendor (4 days per week) with the assistance of 2 full time & 2 part time staff. It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

We understand the premises are held on a secure renewable lease, the present lease having approximately 12½ years unexpired at a rental of £21,500 p.a. exclusive of rates for the next 2½ years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £8,000 p.a. approx,

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