Urgent Sale - Spacious Coffee Shop in Peckham, London with High Street Access
Peckham, London
- Status
FOR SALE
- Date Submitted:
07/01/24
- Advert ID
604670
- Leasehold: £130,000
- Rent: £20,000
- Turnover: £208,000 (£4,000 Per week)
- Net Profit: On request
Key Features
- Established Business
- Accounts Available
Business Details
Coffee Shop for Sale in London
A coffee shop is available for urgent sale in London. It is situated in the Peckham area and directly opposite the Peckham bus station for easy access to the public.
The shop is spacious and can comfortably accommodate around 50 people. It is strategically located on the High Street, ensuring a steady stream of customers. Additionally, car parking is available behind the shop for customers' convenience.
Having been run by the same family for 24 years, our coffee shop mainly serves breakfast. Please note delivery service is not provided.
Financially, the weekly income ranges between £4200 and £4500; the shop remains closed on Sundays. The rent is very affordable at £20,000 per year, especially since the council is the landlord.
For more info pls call us (available on request)
The business rates are £2,000 per year. However, due to a government discount, no rates have been paid in the last three years.
The lease has another ten years and is “open Act” for the future. We have been successfully operating this coffee shop for 24 years, and now we are putting it up for sale due to health reasons.
The asking price is £130,000 or nearest offer.
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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.
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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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