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South London Cafe Bar Record Shop for Sale in Prime Sydenham Location

Sydenham, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    05/04/22

  • Advert ID

    293275

  • Leasehold: £39,000
  • Rent: £10,000
  • Turnover: £50,000 (£962 Per week)
  • Net Profit: Not Applicable

Key Features

  • Attractive Business
  • Retirement Sale
  • Established Business
  • Prime Location
  • Close to Local Amenities
  • Small Business
  • Unique Business
  • Offers Invited

Business Details

Licensed Cafe Bar Record Shop in South London

Established Cafe Bar/Record Shop in South London

For sale is a unique cafe/bar & record shop, it has been established for 21 years but I and my partner have taken over 15 years ago. There are public transport links nearby, close to the Sydenham underground. We are located off the high street with a lot of passing footfall and many local businesses and retailers nearby.

The business is in a prime location with no competition in the surrounding area.

The sale is for the leasehold of the business at £39,000 or your nearest offer (6 years remaining on lease). The sale includes the fixtures and fittings. Stock for the bar and cafe will be included (records are open for negotiation).

Current opening hours are 7:00 am - 11 pm, seven days a week (with an alcohol license). This is a retirement sale.

Training and support are available from us. Get in touch for more information.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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