Modern Co Workspace & Bar South East London

Established one year ago, this thriving modern business has enjoyed profitability from day one and boasts immense potential for growth. With a contemporary and efficient setup, the only reason for the sale is personal—a family commitment that restricts my ability to focus exclusively on the business.

Operating as a local co-working space from Monday to Friday, 9 am to 5 pm, this venue allows individuals to work in a vibrant environment for a daily or monthly fee. Customers can enjoy complimentary filter coffee, tea, and still or sparkling water. The space comfortably accommodates up to 22 workers during the day, with a maximum seating capacity of 60 and a standing capacity of 70-80. Equipped with super-fast Wi-Fi across two floors and a private call room on the lower level, the business functions efficiently with just one staff member overseeing daily operations and ensuring drink supplies are replenished.

During the evenings on Wednesdays, Thursdays, Fridays, and all day Saturdays until 11 pm, the space transforms into a bar. With the necessary licensing in place, it offers an impressive selection of cocktails, draft beers—including Guinness—and a curated list of wines. Thanks to our exceptional commitment to customer service, we have established a reputation for being family-friendly, especially before 7:30 pm, making it a popular choice for local families. The lower level features video games, board games, and a selection of books, ensuring that children are entertained while adults unwind. Our cocktails reflect Central London standards but are offered at half the price, with prompt service as a priority.

Personally I have 25 years experience in the drinks industry, high end hospitaly, and have a published cocktail book, which means I had the experience to design and layout the business for efficiency, speed and consistency.

On our busiest nights, the bar requires only two staff members—one being myself—highlighting the scope for a new owner to expand operations by opening on Sundays and additional evenings during the week. We consistently host fully booked events every month, save for February, emphasising the versatility of the space for various occasions.

The business employs a modern electronic point of sale (EPOS) system, featuring two mobile tills and offering excellent 24-hour customer service. This technological integration ensures seamless operations and contributes to a smooth customer experience.

This establishment stands out in the local area, having cultivated a loyal customer base. I've maintained contact details for a significant number of our weekday visitors, enabling us to stay connected and informed about their preferences.

Additionally, the lower floor includes a fully equipped chill room and beer cellar—an unusual feature for a venue of this size—that allows for the sale of high-quality draft beers and provides a still/sparkling water system on tap, ensuring complimentary refreshments for guests.

Our Instagram account has garnered 721 followers, and we proudly hold 37 five-star reviews out of 38. Our online presence is bolstered by a high-quality website that further enhances our visibility.

Before I took on the lease, the venue underwent significant renovation, creating a near-new facility that feels custom-built for our business. With investments of approximately £90,000 made in high-quality fixtures, fittings, and equipment—which are included in the sale—our design maximises space while accommodating around 60 seated patrons efficiently.

Importantly, the business benefits from advantageous financial circumstances, including zero business rates. It possesses a premises licence allowing the sale of alcohol from 11:00 am to 11:00 pm and a pavement licence that permits outside furniture.

Key Features

This business offers an array of exceptional features:

• Ample customer seating area
• High-quality furnishings and sound/lighting systems throughout
• A strong, highly-rated reputation
• Opportunities to host private events
• Includes a back bar, stock and fully kitted out cellar
• Air conditioning
• Internal and external CCTV for added security
• Intimate bar atmosphere with lounge seating options
• Low operating costs with limited investment required for expansion
• Community involvement and engagement

The leasehold price for this unique co-working space and bar is £80,000, with a current turnover of £95,000 and an annual rent of £20,000. All stocks are included in the asking price, making this an attractive proposition for potential buyers looking to enter a profitable and well-established enterprise that has huge potential to scale and open more sites.