Guide Price £200,000

2 Bedroom Commercial Property for Sale

Hoe Street, London

Guide Price £200,000

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Full Description

P.O.A

Humphrey & Co Estates London's Local Property Agent are delighted to welcome to the market this well-established coffee shop/caf? business in a prime trading location in Walthamstow, London.

The business was established in 2011 and has been in our client's careful ownership since 2011. Only now is the business being offered to the market due to our client's desire to concentrate on other business interests. The coffee shop currently operates 6 days per week.

Our client offers a wide variety of homemade food including various dishes and hot and cold sandwiches, to name a few, as well as a variety of hot and cold beverages.

The business has built up an enviable reputation within the area for the very high quality of the goods and services offered, which has resulted in a very loyal client base, with a very high volume of repeat trade and word of mouth recommendations.
This property comes with upper as there is a two / three bedroom flat with separate access.
We feel there is scope to increase the turnover by extending the opening hours, please ask the agent in regards to turnover per year as accounts can be provided.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

This Property is Located at Hoe Street Walthamstow and benefits from being on an active commercial parade that is well served by the local community, as well as being a stone throw away from Walthamstow Overground & Underground Station.

TENURE
We are advised Leasehold:

Original lease length: 20 years
Remaining lease length: 18 years unexpired
Rent Review: 4 yearly
Rent: ?46,000 per annum
Business Rates ?250 per month

HOURS
The business is open:

Monday - Sunday: 10.00am - 7.00pm

The property boasts approximately 127.2 sqm of floor