Quality Coffee and Pastry Shop for Sale in Bustling Covent Garden, City of London
City of London, London
- Status
FOR SALE
- Advert ID
624123
- Freehold: £47,000
- Turnover: £67,600 (£1,300 per week)
- Net Profit: On request
Key Features
- Prime Location
- Price Reduced
Business Details
Coffee pastries
A small takeaway coffee shop located in the bustling Covent Garden area is now available for sale. This prime location boasts high foot traffic, making it an excellent investment opportunity. The monthly rent is £1,850, which is inclusive of all charges.
The sale price is set at £47.000,The shop features a stylish and modern interior design, providing an inviting atmosphere for customers.
The shop has established a strong reputation for offering quality coffee and pastries. It is fully equipped with a kitchen and serving area, allowing for efficient operation and potential expansion of the menu.
Currently, the shop employs two staff members and presents a significant opportunity for growth in its customer base. The current annual turnover stands at £55.000, indicating its profitable operation in a vibrant part of the City of London.
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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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