Thriving Crystal Palace Cafe with General Store 4.9* Google Rating Potential for Transformation
Crystal Palace, London
- Status
FOR SALE
- Advert ID
615761
- Leasehold: £55,000
- Rent: £29,000
- Turnover: £250,000 (£4,808 Per week)
- Net Profit: On request
Key Features
- Close to Local Amenities
- Incentives May Be Available
- Owner Financed
- Unique Business
- Free of Tie Leasehold
- Prime Location
- Attractive Business
- Adjacent to Multiple Retailers
- Small Business
Business Details
Cafe with General Store for sale in Crystal Palace, Priced to SELL 4.9* Google ratings
This thriving business, situated in the heart of Crystal Palace, holds an exceptional 4.9 Google rating and is currently on the market due to relocation purposes. The business currently operates as a homemade takeaway, offering cakes, breads, sandwiches, salads, and soup, and also functioning as a general store. The store has won the hearts of many locals, fashioning a solid clientele of regulars who frequently visit at least once a week. The business perfectly blends its vintage charm with modern amenities, boasting a newly refurbished on-site KITCHEN. An added jewel in its crown is a beautiful sun trap garden, poised as a perfect space for selling plants during the spring and summer seasons. Furthermore, this versatile space offers the potential for transformation into a café, restaurant or even a bar, according to the new owner's vision. Presently operating five to seven hours a day, the business's impressive turnover is mainly based on food sales. There are significant growth opportunities, with developers having recently shown interest in collaborating for establishing a second branch in their new development. Offering a prime location in Crystal Palace, London, this unique and attractive business is priced at only 55,000. This includes the leasehold and all stocks. Being free of tie leasehold, set close to local amenities and surrounded by multiple retailers, further enhances its appeal. Despite the set price, the current owner is willing to negotiate the closest offer, and incentives may be available.
***Bigger than it looks, worth a viewing***
***GARDEN***
***newly refurbished on-site KITCHEN***
***space can be made into a cafe, restaurant or even bar***
*premises licence
*15 year lease with 11.5 years remaining
*Break Clause in 2026
*Rent review in 2026 and every five years thereafter
*Ample storage space on first floor so bulk purchasing to reduce costs is possible
*High street location
*Five star food hygiene rating
*sold as seen
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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.'.
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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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