Cafe And Coffee Shop For Sale in City Of London London

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London Properties Are Pleased To Offer To The Market This Comfortable Established Air Conditioned And Heated And Well Fitted Authentic Deli Cuisine Takeaway With Bar Area And 8 Covers

Location:City Of London, London

Category:Cafe and Coffee Shop

Asking Price:£99,950

  • Sales revenue : £208,000
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • London Properties Are Pleased To Offer To The Market This Comfortable Established Air Conditioned And Heated And Well Fitted Authentic Deli Cuisine Takeaway With Bar Area And 8 Covers
  • London Properties Are Pleased To Offer To The Market This Comfortable Established Air Conditioned And Heated And Well Fitted Authentic Deli Cuisine Takeaway With Bar Area And 8 Covers

Business description

LOCATION:

The premises are prominently located on popular Fenchurch Street & situated below busy commercial building in Bevis Market & with walking distance to both Aldgate & Fenchurch Tube & Railway Station.

DESCRIPTION:

The premises comprising a comfortable established air conditioned and heated and well fitted authentic Deli cuisine takeaway with bar area and 8 covers, with large basement kitchen area and fully fitted with the necessary equipment also benefits from shop front , spotlighting and CCTV monitored alarm system, staff WC and Office.

USES:

A1 & A3 available

PREMIUM:

£99,950 Guide price for the benefit of the lease & location

RENTAL:

£28,000 per annum

TERMS:

4 years left of a renewable lease

BUSINESS RATES:

£13,200 per annum. However, all interested parties are encouraged to make their own enquiries with the local authority’s

SIZE:

Approximately 742 sq ft

OPENING HOURS:

Monday till Friday 6:00 a.m till 16:00 p.m & with Saturday & Sunday closed

STAFF:

Owner managed with 3 staff

TURNOVER:

Current turnover in excess of £208,000 per annum approximately.

ACCOUNTS :

Available on request

LEGAL COST:

To be confirmed

LOCAL AUTHORTY:

The City of London Corporation

ENERGY PERFORMANCE CERTIFICATE:

Energy Performance Asset Rating is 108- E Rating. A copy of this property’s energy performance certificate is available on request.

REFERENCE CHARGE:

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT:

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS:

Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE:

London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS:

Through London Properties by appointment only.

Other Information

  • Real Estate: Bevis Marks Fenchurch Street City of London London EC3A 7LH
  • Years Established: 7 Years
  • Employees: Owner managed with 3 staff
  • Trading Hours: Monday till Friday 6:00 a.m till 16:00 p.m & with Saturday & Sunday closed
  • Lease Terms: 4 years left of a renewable lease
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