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Coffee Shop And Sandwich Bar In Islington For Sale

Islington, London
Asking Price:
£49,900 Furniture / Fixtures included
Sales Revenue:
£50K - £100K
Cash Flow:
Under £50K

Leasehold plus all equipment for sale.
A1 license but A3 license ready.
Internet, phone, till subscriptions are set up.
The shop is ready to start to operate.
The shop has an alcohol license and Deliveroo contract.

Reason for sale: relocation to Hungary, I am a GP. Business was launched in 2017 May. The premise was refurbished, and most of the equipment was bought within a year. The business can operate immediately.

Premise: 71.65 m²
Retail space: 44.53 m²
Depository: 8.53 m²
Kitchen: 9.32 m²
Preparation room: 3.27 m²
Toilet: 2.0 m²

Six tables with 20 chairs, plus five bar chairs
New electricity system. Lease expiring on 08th of January 2027.Yearly rent: 16,500.00 pounds. Monthly rent: 1,375.00 pounds.
Deposit 6-month: 8,250.00 pounds
Live Deliveroo contract (commission fee 30% plus VAT)
Alcohol license, on and off supplies: from 12.00 – 21.00 daily.

Good location

Emirates Stadium is 0.6-mile distance.
Highbury and Islington Tube Station 0.1 mile distance.
In front of the premise is the Kaplan London Islington, Business School.
Highbury Corner Magistrates' Court is 150 ft distance.

Equipment:

CCTV x 3 HD Camera + Reciever 2TB.
DVR up to 8 HD camera
6ltr Wet Chemical Extinguisher
2kg Carbon Dioxide Extinguisher
Large Fire Blanket
Stainless steel extractor
Freezers, fridges (10 pieces)
Deep frier, 2x 8 L
Grill flat top
Dishwasher
Six tables
25 chairs
Microwave ovens
Plates, cutleries, glasses

If interested please contact the seller through the form on this page.

Property Information

Property:

Leasehold

Lease Terms:

Lease expires on 08/01/2027

Leasehold Rent:

£16,500 per annum

Size in square feet:
771

Business Operation

Reasons for selling:

Owner started another business

Trading hours:

08.00 - 22.00

Employees:
3
Years established:
2017

Other Information

Furniture / Fixtures value:
£50,000 - included in the asking price
Website:
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Related Documents:

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