The business trades as a Coffee Shop in St Johns Wood NW8. The shop is fitted with a service counter, coffee machine and a chilled food display unit and freezer. The property is held on a full repairing and insuring lease granted in july 2 5 for a term of 15 years with five yearly rent reviews. Passing rent £14,000 per annum, Premium £67,000
Ref: FAP/6562
Further details
BLENHEIM TERRACE LONDON NW8
Established Coffee Shop Business For Sale
LOCATION
The property is situated in a popular area of St Johns Wood amoungst a number of other local shops and businesses a short distance from the main shopping area.
DESCRIPTION
This busy coffee shop serves a densely populated residential area which is further enhanced by passing trade and local commerce. The trade is roughly split between eat-in and take-away.
The premises comprise an open plan seating area together with a food preparation and kitchen area. The seating comprises seven tables with 25 covers. Externally at the front there are five tables providing further seating.
Seating area18 sq.m.(195 sq.ft.) approximately
The shop is fitted with a service counter, coffee machine and a chilled food display unit and fidge freezer. Deliveries are frequent giving fresh food.
TERMS
The property is held on a full repairing and insuring lease granted in July 2005 for a term of 15 years with five yearly rent reviews. Passing rent £14,000 per annum inclusive of electricity and water rates.
Premium sought £67,000 to include goodwill fixtures and fittings.
Both parties legal costs to be paid by the prospective tenant.
View by appointment through Mehdi & Ward.
Ref : 6562
Date Revised: 01/03/2007