COFFEE SHOP AND SANDWICHH BAR, CITY OF LONDON, EC1 Reference No: S7680J

Price: £ 110,000
Description

LOCATION:  This is where the City of London starts and is on an interesting street in Clerkenwell with many old buildings of impressive architecture. The nearest stations are Chancery Lane and Farringdon. This shop is located in a prime position with a bus stop outside.

DESCRIPTION:  A single fronted unit with a small outside seating space for 4 persons. Inside is the takeaway section with a serve over counter and seating for 17+. Stairs to the basement lead to additional seating for 6+, a stock room and wc. The rear door provides service access.

BUSINESS: Owner run taking £2,500/£2,600 pw @ 65%/70% g.p. Great potential to increase trade in enthusiastic hands.

HOURS:   5.5 Days. Monday to Friday 8 am to to 4 pm and Saturday 9am to 2 pm. Closed on Sundays.

EQUIPMENT:  Fully fitted and equipped with a large corner fridge display serve over counter, a large open drinks cooler, an Osteria Cappuccino machine, a grinder, a large electric griddle, a Panasonic microwave, a Buffalo sandwich maker, a juicer, an under worktop freezer, a chest freezer, furniture, etc.

TENURE: Renewable secure Council lease with 3 yearly rent reviews at the current of £26,500 pa. Next rent review in 2021. Business rates £6,660 pa payable.

VIEWINGS/Negotiations:  STRICTLY BY APPOINTMENT ONLY Strictly through PEGASUS BUSINESS SALES

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