Historic Cafe/Sandwich Bar Near Olympia Exhibition Hall in Hammersmith, London for Sale
Hammersmith, London
- Status
FOR SALE
- Advert ID
627773
- Leasehold: £135,000
- Rent: £17,000 (£1,417 per month)
- Turnover: £145,000 (£2,788 per week)
- Profit: On request
Key Features
- Prime Location
- Retirement Sale
- Established Business
Business Details
Landmark cafe sandwich bar, est. 70 years ago in a prominent location. Olympia Exhibition Hall
The cafe, a renowned local landmark, is strategically located in a prime corner position surrounded by high-rise residential buildings, making it a central hub of activity. Its distinctive art-deco exterior and large glass windows contribute to a bright and welcoming interior atmosphere. Known as a popular local spot, it attracts regular foot traffic, enhancing its visibility and appeal.
Outdoor seating is available, providing customers with a comfortable space to enjoy views of the bustling environment. This well-established business, with a rich history spanning over 70 years, is synonymous with the area and boasts a loyal customer base.
The business has been under the same ownership for more than 70 years and is now available for sale due to the owner's retirement. Located across from the Olympia Exhibition Hall, the cafe benefits from the redevelopment of this iconic building, which is projected to bring an additional seven million visitors annually to the area.
All necessary fixtures and fittings are included in the sale price of £135,000, with stock also included. The annual rent is set at a reasonable £17,000. The owner is open to providing a handover to ensure a smooth transition for the new owners.
This cafe holds a remarkable reputation across London, partly due to its long-standing presence in the community and partly due to its central location in Hammersmith, London. It represents a notable business investment opportunity in a vibrant location.
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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.
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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.
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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.
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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.
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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.
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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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