Sobo Cafe | | Southwark London | | • ADVISED AVERAGE WEEKLY SALES £2,500, GP 75% • A1 USER CLASS WITH OUTDOOR GARDEN, 39 COVERS • SITUATED CLOSE TO EXCELLENT TRANSPORT LINKS • RECENTLY REFURBISHED CAFE • EXCELLENT LOCATION FOR A SHISHA LOUNGE OR ANY FOOD VENTURE • BENEFITS FROM HIGH | | ADVERT NUMBER : 67060
ADVERT IMPRESSIONS : 9,843 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £60,000 | | | | | BUSINESS DETAILS: | LOCATION
The premises is situated on Tower Bridge Road in London and benefits from excellent transport links. The shop is situated close to Tower bridge, local offices and a rich mix of shopping parades which generates high footfall for local businesses.
DESCRIPTION
The premises is a single fronted lock up shop fitted and equipped to high standards with a modern decor and tiled flooring throughout.
The Internal area comprises of a seating area with 25 covers and a preparation area. At the rear is a furnished garden/patio with 12 external covers and 2 further external covers at the front of the unit. The Ladies and Gents toilets and storage is located in the garden/patio at the rear. The Internal area comprises of a seating area with 14 internal covers and 4 external covers, a preparation area and kitchen at the rear.
THE BUSINESS
The café currently operates under an A1 user class and has been run as a cafe for over 10 years. The current owners purchased the business 1 year ago and have maintained the same shop name and interior as the previous owner. Due to its prime trading location and close proximity to Tower Bridge, the business benefits from custom from tourists, office workers, residents and market goers from the local food market.
A selection of hot and cold drinks are served and an all day brunch is served on Saturday. The daily food service includes sandwiches, pizzas, pastas, jacket potatoes and salads. A delivery service is also offered to local shops and offices. The cafe can also cater for business lunches as well as for other large groups. This business would be ideal for an experienced or new cafe operator for a Shisha Lounge or other food enterprise, subject to planning permission. The owner is keen to sell due to recent family matters.
STAFF
The cafe is currently operated by 2 full time working owners and 1 part time member of staff.
TRADING HOURS
The business currently trades:
Mon-Sat 8:00am – 5:00pm
Sun Closed
Also licensed to trade on Sunday
TERMS & TENURE
We have been advised that the premises is held on a 15 year lease which commenced in 2010. The annual rent passing is £15,000. Formal rent reviews are conducted every 5 years.
BUSINESS RATES
We have been advised by our client that the business rates payable are circa £1,000. This is to be confirmed with the council. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
