Modern and Cosy Coffee House in North London

Stroud Green, London
REF: R07693

Asking Price:
£42,000
Annual Turnover:
£125,000
Annual Net Profit:
TBC
REF: R07693

Overview

Tenure:
Leasehold
Established:
2018
  • Huge growth opportunity
  • Well-equipped premises
  • Equipment included
  • Recently refurbished premises
  • Low overheads

Founded at the end of 2018 is this modern coffee shop in the North London Borough of Haringey.

Benefitting from a great location in close proximity to Crouch Hill overground station, the business has quickly become a hotspot for commuters and other local residents to regularly grab a coffee and snack on their outbound travel. Customers value the shop’s welcoming atmosphere, cosy décor and great service, as well as the added flexibility of dining inside the premises or taking their order to consume on the go.

This is a true gem of an acquisition that presents itself as an opportunity with massive untapped potential.

Customers are welcomed into a spacious café renovated to a contemporary style, with quirky decorations and wall art to add a cosy finishing touch. The serving counter is situated to the right of the entrance, with seating to the left. Further seating is available at the rear left side of the property, whilst the kitchen and W/C facilities are located on the rear right side. Overall, the coffee shop has ample space for a total of 27 covers and also possesses A3 and alcohol licenses.

An extensive list of equipment is included in the sale to ensure a great start to running this business. The itinerary features an external sign, a security rolling shutter, a display fridge, a counter and drinks fridge, a deli slicer, another small fridge, a bar, a point of sales system, toasters, a grill, a coffee machine and coffee grinder, a wash basin, an extraction system, 10 tables, 27 chairs, CCTV, and heating. A transitional period is available to ensure a smooth handover of business operations.

This is a brilliant opportunity for anyone looking to run their own café in the bustling city of London. Offering huge potential for growth, there are numerous ways in which this business could be developed further. For example, the café could open on more days and extend its trading hours, as it currently operates from morning through lunchtime. There is also scope to expand the menu’s food offering, as the premises are equipped to make cooked breakfasts and full meals. The business could utilise its alcohol licence to expand the drinks menu to include alcoholic beverages, benefiting from the higher profit margins associated with these products.

Creating a website and social media channels with an effective strategy would also help to spread further brand exposure and awareness amongst the local community. The business would likely benefit from adding delivery services to its offering, either independently or through a third-party delivery app.

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  • Good transport links
  • Residential area
  • High footfall
  • Close to local businesses
  • High street location
Rent
£10,000
Rates
£0
Lease Term
10 years
Lease Expiry
10 years remaining as of March 2020
Square Footage
TBC
Accommodation Included
No
Premises Licence
A3
Property Value
TBC
Planning
TBC
EPC
G 150+

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

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