FOR SALE
646825
B09442 / Rightbiz
CoGoGo is delighted to bring to the market Mode, a highly distinctive co-working space and bar concept located in London.
Since launching in April 2025, the business has built a strong reputation as a versatile and welcoming hub for both professionals and the local community.
During weekdays (9 am–5 pm), Mode operates as a modern co-working space accommodating up to 22 people comfortably. Members pay daily or monthly fees and enjoy a relaxed working environment with high-speed Wi-Fi across two floors, complimentary filter coffee, teas, and still or sparkling water, plus a private call room for meetings.
From Thursday and Friday evenings and throughout Saturday, the venue transforms into a vibrant bar serving high-quality cocktails, draft beers and wines. The venue has become well known for its excellent service and family-friendly environment, with table football and a Nintendo Switch creating a relaxed social atmosphere. The adaptable layout also makes it ideal for private events, with regular bookings already established.
The business was created following an extensive renovation of the building, which provided what was effectively a brand-new shell before a premium-quality fit-out was completed. Approximately £90,000 was invested in high-end fixtures, fittings and professional equipment, creating a stylish, versatile venue that makes exceptional use of the available space. The premises also benefit from air conditioning, a modern Lightspeed EPOS system with mobile tills, a fully equipped beer cellar, and a strong online presence through its website and active social media channels. With capacity for around 60 seated guests and up to 70–80 standing, there remains significant scope to grow revenue through extended opening hours, events and private hire.
The business has been established and developed by Dan, who brings over 25 years of experience within the drinks industry. His extensive expertise, combined with being a published author in the sector, has helped shape the venue's unique concept, exceptional customer experience and carefully curated drinks offering.
Early viewing is highly recommended with CoGoGo!
Location
The business is situated in London within a thriving residential area popular with young professionals and families. The surrounding community provides a strong local customer base and consistent daytime co-working demand alongside evening bar trade.
Premises
The premises underwent a substantial building renovation before the current owners completed an impressive £90,000 premium refurbishment and refit, transforming the property into what felt like a brand-new building. High-quality professional equipment, premium fixtures and fittings, and a carefully considered layout maximise every inch of the space. The premises span two floors and benefit from contemporary décor, an efficient bar design, air conditioning, gas central heating, separate Wi-Fi networks, a private call room, chill room/beer cellar, seating for approximately 60 customers with additional standing capacity, and a pavement licence for outdoor seating.
Tenure
We are advised that this opportunity is being sold on a Leasehold basis.
Rent: £20,000 per annum.
Six-year lease with over five years remaining.
Business rates currently £0.
Hours
Monday to Friday: 9:00 am to 5:00 pm (co-working space)
Thursday - Friday evenings: Bar service
Saturday: Bar trading until 11:00 pm
Staff
The business is currently run by the owner with support from one staff member.
Financial Profile
We are advised that the business generates an annual turnover of approximately £108,000, with a reported net profit of £66,000.
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.
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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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Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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