Cafe for sale in Putney London with renovated space and alcohol license
Undisclosed, London
- Status
FOR SALE
- Advert ID
653117
- Reference
B09675 / Rightbiz
- Call Agent:
- Leasehold: £69,995
- Turnover: £100,000 (£1,923 per week)
- Profit: Not Applicable
Business Details
A Sweet Opportunity Awaits – Established Cafe in Prime Putney Location
BusinessPlease quote reference B09675
CoGoGo is delighted to bring to the market an established and popular cafe located in the heart of Putney.
Trading from a prominent position, the business has built a loyal customer following and benefits from excellent passing trade throughout the day.
The cafe offers a welcoming environment and has recently undergone renovation, providing a modern and attractive setting for customers. With an alcohol licence in place, a strong online presence and an established website, the business is well-positioned for continued success and future growth.
The current owner is now looking to pursue another venture, creating an excellent opportunity for a new owner to take this thriving operation forward.
Viewings to be arranged strictly by appointment via CoGoGo only!
Location
Situated in Putney, the business enjoys a highly visible trading position with strong levels of pedestrian and vehicle traffic. The area is well served by residential properties, local businesses and transport links, helping to generate consistent customer demand.
Premises
The business occupies attractive leasehold premises that have been recently renovated to a high standard. The cafe is presented in excellent condition and offers a welcoming customer area alongside the facilities required for day-to-day operations. The alcohol licence provides an additional revenue opportunity.
Tenure
Leasehold premises.
We are advised that the current rent is £18,000 per annum. The lease was originally granted for a term of 10 years, with approximately 1 year remaining.
Hours
The current operating hours are:
Monday to Sunday - 8:00 am to 4:00 pm
Staff
The business operates with 3 members of staff who support the day-to-day running of the cafe.
Financial Profile
We are advised that the business generates an annual turnover of approximately £100,000.
We are further advised that the current stock level is approximately £5,000, subject to stock valuation at completion.
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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