Fantastic opportunity to purchase this well-presented coffee shop by way of a lease assignment or a new lease.
The shop offers a total of 16 covers internally and we understand that all equipment is owned by our clients. The main coffee shop area is bright and spacious, measuring approximately 434 sq ft including the disabled WC. There is a service area with coffee machine, fridge cabinet and an ice cream display counter.
To the rear there is a well-fitted kitchen measuring 162 sq ft, with small store/ washing up area of approximately 45 sq ft. There is also a door to the outside alley way from the storeroom.
The business has a good reputation, and our clients offer a variety of different hot and cold foods and drinks including smoothies.
Location
Busy location close to many established independent and multiple retailers and just across the road from the High Street. The River Thames is also very close by. Other nearby traders include Wilko, Aldi, Cafe Nero, Boots and Marks and Spencer.
Accommodation
Size - 642 sq ft
Terms
EPC Rating: B.
Tenure: Leasehold
Price/premium: £23,000
Rent: £20,000 Per annum
Legal fees: Both parties to be borne by the ingoing tenant/purchaser
Rateable value: The VOA website states a rateable value of £16,500 payable at the prevailing rate.
Lease details: Ten year lease from November 2021. Rent review in 2023 and tenant option to break at year 5.
Trading hours: Monday, Wednesday, Thursday, Friday and Sunday 9am-XXXm. Saturday 9am-XXXm
Employees: 1 full time chef and 1 part time staff member
Client involvement: 2 full time
Specification
- Well equipped
- Lease assignment
- Nicely presented
- Parking close by
- Plenty of natural light