Leasehold License Coffee Bar In London

Business Description

LOCATION
Corner premises fronting the busy High Road with neighboring occupiers including; Iceland, Domino's Pizza, Mulberry, Cafe Nero, William Hill, Ladbrokes, and KFC together with a good vibrant mix of other independent and local traders.

BUSINESS
This well presented concern was acquired by our clients towards the end of last year and has recently undergone a complete refurbishment to form part of a larger coffee chain. This plan has changed which is why it is now available. The business was only re-opened in March of this year and has already gained a reasonable turnover with tremendous further potential to develop as a high end coffee bar and/or to further develop the food and drinks side of the business with later evening opening as the premises has a fully equipped kitchen and drinks licence already in place.

TURNOVER
The business was only opened in March 2025.

HOURS
8.00am - 4.00pm Mon - Sun

PREMISES
Corner premises with single corner entrance to: Cafe Area: Recently refitted throughout (Feb 2025) with tables and chairs to seat 25-30 covers. Bar servery with coffee machine, 2 glass fronted chilled display cabinets, epos till system, fridge, dishwasher, st/stl sink. Customer/Disabled WC with hand wash basin. Prep Counter to rear. Kitchen: fully fitted with st/stl work tops, 6 ring burner with extractor over, 2 fridge, freezer. Rear door to outside. Yard: Bin Store area.

Outside: Pavement area to front with space for 8 covers.

TENURE
7 years lease from November 2024. Rent £48,000 pa

EPC RATING
TBA

BUSINESS RATES
£392 PCM Payable

Property Information

Property:

Leasehold

Premises details:

Corner premises with single corner entrance to: Cafe Area: Recently refitted throughout (Feb 2025) with tables and chairs to seat 25-30 covers. Bar servery with coffee machine, 2 glass fronted chilled display cabinets, epos till system, fridge, dishwasher, st/stl sink. Customer/Disabled WC with hand wash basin. Prep Counter to rear. Kitchen: fully fitted with st/stl work tops, 6 ring burner with extractor over, 2 fridge, freezer. Rear door to outside. Yard: Bin Store area.<br><br>Outside: Pavement area to front with space for 8 covers.

Business Operation

Trading hours:

8.00am - 4.00pm Mon - Sun

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed