Bustling Camden High Street Coffee Shop 'ARIAHS CAFE' for Sale in City of London
City of London, London
- Status
FOR SALE
- Date Submitted:
10/03/24
- Advert ID
608002
- Leasehold: £130,000
- Rent: £65,000
- Turnover: £250,000 (£4,808 Per week)
- Net Profit: On request
Key Features
- Offers Invited
- Fully Fitted
- Established Business
- New Lease
- Unique Business
- Prime Location
- Small Business
- Owner Financed
Business Details
Coffe shop for sale camden high street
A splendid opportunity awaits you in the bustling heart of Camden. We are delighted to present a fully operational coffee shop and restaurant for sale, situated at an enviable location on Camden High Street. Known as 'ARIAHS CAFE', this aesthetically pleasing and inviting establishment is up for grabs.
This coffee shop and restaurant is housed in a spacious property that spans 145m2 across two operational levels - the ground floor and basement. The prime location is adjacent to prominent brands such as Pret, Blank Street, Tortilla, Wasabi, and Chicken Shop. This offers an unparalleled advantage, placing your business at the center of high foot traffic.
The coffee shop operates from 7 am to 5 pm, ensuring a steady stream of customers throughout the day. With an annual turnover between £250,000 and £300,000, it portrays a flourishing business with solid returns.
ARIAHS CAFE is a ready-to-go business opportunity with established branding and inviting interiors. The modern design infused with natural light and dotted with indoor plants creates a cozy atmosphere. The coffee bar, equipped with high-quality coffee machines, display cases, and fresh pastries, is a power-packed station catering to varying needs. The shop accommodates customers with a mix of booth and table options, suitable for gatherings of various sizes.
The financial terms are equally attractive, with the premium set at £130,000. The first year offers a generous 75% off business rates, amounting to £35,000. The annual rent is competitively priced at £65,000 (VAT exempt). The tenure is set for a long-term lease of 10 years, and a deposit for six months along with rent for three months should be kept in hand. This lucrative opportunity in a prime location is a must-grab deal.
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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.
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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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