Spacious Café in Hammersmith

Hammersmith, London
REF: R07931

Asking Price:
£140,000
Annual Turnover:
£144,337
Annual Net Profit:
TBC
Reduced
REF: R07931
Photo of Spacious Café in Hammersmith
Photo of Spacious Café in Hammersmith
Photo of Spacious Café in Hammersmith
Photo of Spacious Café in Hammersmith

Overview

Tenure:
Leasehold
Established:
1975
  • Excellent Reputation
  • Well Equipped Business
  • Equipment Included
  • Spacious Premises

This is a wonderful opportunity to acquire a spacious café that can seat 82 customers at a time in an incredibly high footfall area opposite the Olympia Exhibition Centre.

The buyer will benefit from an excellent location not just for walk-in business but also for delivery within Hammersmith and the rest of West London – the business currently operates on Deliveroo, Uber Eats and Just Eat.

The business is offered on a leasehold basis with rent payable at a rate of £21,650 P/A. The current lease is set to expire in 2030.

The café benefits from an attractive storefront with a double glazed glass door and windows that allows potential customers to see the large seating area on the first floor.

There is ample space for 34 covers on the first floor as well as a massive counter space for serving with a fully equipped kitchen behind that. The kitchen features an extraction system and is fully equipped with cutlery, crockery and cooking equipment.

Downstairs the basement can seat an additional 48 covers. Customer toilets are downstairs and all tables and chairs required to seat 82 people are included in the sale price.

The ideal buyer will have experience of the café or event business as the large space could easily be used as an event space in the evenings to increase profits.

Someone willing to dedicate time to increasing the online presence by updating the website and establishing a following on social media, particularly Instagram, would see an increase in customers both in-person and through online services.

Features

Online Presence

Location

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  • Nearby Car Parking
  • Good Transport Links
  • Residential Location
  • High Footfall
  • Close to Local Businesses

Property

Annual Rent
£21,650
Annual Rates
£5,800
Lease Term (Years)
20
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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