Licensed Coffee shop

Positioned in the heart of a vibrant new riverside development, this trendy coffee shop and bar offers more than just beverages. Nestled on the ground floor of the Fresh Wharf Apartments—comprising 1,500 flats—it provides a cozy and stylish atmosphere with fine decor and efficient service. The shop offers a wide range of freshly made food items, pastries, hot and cold drinks, cakes, and alcoholic beverages, catering primarily to local residents who frequent the establishment regularly. As the area continues to expand, new residents are gradually discovering and becoming familiar with its charm.

The coffee shop stands out with its trendy interior featuring wooden accents and comfortable seating arrangements. Its eye-catching exterior, marked by prominent signage and a modern urban façade, further adds to its appeal. Inside, a well-equipped service counter displays a comprehensive menu alongside a professional coffee machine. The spacious layout accommodates diverse customer preferences, offering both table and bar seating options. Benefitting from its prominent location amidst residential and commercial establishments, it experiences high potential foot traffic, especially with several nearby amenities such as the Ibis Hotel, Big Tesco store, and newly built apartments.

The business has been successfully running for 1 year and 8 months, showcasing gradual growth in turnover. With no close competitors, the nearest cafe is about a 15-20 minute walk away, allowing the shop to thrive in its unique niche. Despite the success, the current owner is moving away from the area, presenting an opportunity for new ownership. Included in the sale are all fixtures and fittings, poised for immediate re-opening without any additional effort.

Priced at £175,000 with an annual turnover of £120,000, the leasehold comes with a favorable rental cost of £18,000 annually. The business is fully fitted and currently not operational, yet offers significant potential for alternative use. Entire stock is included in the purchase, and owner financing is available. Moreover, the sale includes training opportunities for the new owners to seamlessly transition into the thriving environment.

With a strong online presence through Instagram and a location close to key amenities, this is an attractive business venture. It's a fully licensed coffee shop in Barking, London, situated in a bustling town center location. The well-established business invites offers and provides a unique opportunity to own a prime small business in a community-centric environment.