Sold
Unique Children’s Workshop, Cafe and Boutique
London, City of London
- Asking Price: £95,000 +SAV
- Turnover: Cuckoo Hibou generates an advised current turnover of circa £129,821 per annum with an advised £92,547gross profit.The advised nett profit is £6,324 with an adjusted nett profit of £9,116
- Tenure: Leasehold
Hilton Smythe welcomes to the market Cuckoo HibouCuckoo Hibou is an established unique business which provides a children's workshop, cafe and boutique shop. They have been trading for just over 2 years, and have made a profit every year. Our client is now reluctantly selling the business due to having to relocate abroad.This is a lovely unique business that the current owner has lovingly invested both time and money into.The Cafe:Sells a selection of fresh, handmade, organic food along with a selection of teas and coffees.The Boutique Shop:Offers adorable birthday gifts, intelligent games, illustrated albums, Scandinavian decorative items, a range of playful accessories for young children.Workshop:They offer arts’ workshops in English and in French. The workshop is rented out to professionals, who provide classes such as baby massage, drama and singing, they offer workshops centered around parentingScope to Improve:• Advertising and marketing campaign• Perhaps a loyalty scheme• Maximise the use of social media• Extend the opening hours to include Sunday.Reasons to Buy:• This business has an enviable reputation and many existing customers.• Making profit since first year!• Prime trading position in a busy and vibrant parade of shops within a very up and coming area• Ideal owner managed or partnership Hilton Smythe highly advise early viewing as this business is likely to attract considerable interest.
The business is run and managed by our client along with staff members consisting of 1 full-time and 1 part-time.
Monday to Saturday - 9.30 am to 6.00 pm
Cuckoo Hibou is located along New Kings Road in Fulham, London.Fulham is an area of the London Borough of Hammersmith and Fulham in South West London. It lies on the north bank of the River Thames, between Hammersmith and Kensington and Chelsea, facing Wandsworth, Putney and the Barn Elms part of Barnes.Fulham is considered a prime London area consisting of two football clubs, Fulham and Chelsea, two exclusive sporting clubs, the Hurlingham Club known for polo and the Queen's tennis club known for its annual pre-Wimbledon tennis tournament.Cuckoo Hibou is ideally and prominently situated amongst a parade of other complementary businesses such as a well-known childrens designer shoe shop, hair salon and a restaurant owned by Lucy Watson, famed for her appearance in ‘Made in Chelsea’ which has recently opened two doors up from Cuckoo Hibou. Parsons Green tube station is 0.3 miles away, it is an above-ground London Underground station on the Wimbledon branch of the District line. It is between Fulham Broadway and Putney Bridge stations and is in Zone 2. There are entrances on Parsons Green Lane and in Beaconsfield Walk.
The premises is nicely presented and maintained with clear, visible signage. There is convenient metered parking on nearby roads. Cuckoo Hibou is located on the ground floor and basement of a 5 level mid-terraced property and briefly comprises; Ground floor:Full length windows and glazed doors to front creating a light airy and inviting interior.As you enter the premises you are greeted a lovely bright decor with the counter to the the right-hand side which has a selection of confectionery and cakes. Behind the counter is the till system along with the card reader and coffee machine.The tables and chairs are along the left hand side of the shop, the chairs are painted different coloured pastel colours giving a lovely bright feel.To the left hand side at the rear of the shop is the boutique area, selling baby/children's clothing, books and toys.There is also a children's area where they can play or read.Toilet and baby changing facilities are located to the rear on the right hand side.Workshop:Down a split staircase is the workshop area where the events and classes take place, this consists of a large floor space area, to the rear of this floor is toilet facilities and to the right of the workshop are 2 storage areas.The equipment includes; Tables, Chairs, flooring and Kitchen equipment
Tenure
We are advised that Cuckoo Hibou is being offered a leasehold business with 6 years remaining from the original 12 years lease and the rent is £32,000 per annum.We are advised that the business rates currently payable are £8,810 per annum but are due to be renewed soon.
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