Under Offer
Well Established Coffee Shop For Sale
Malvern, Worcestershire
- Asking Price: £39,995 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £60,000 (partial closure due to covid). Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07200
Hilton Smythe are delighted to welcome to the market London House Cafe, a high rated Cafe/Coffee Shop in Malvern, Worcestershire.
London House Cafe was originally established in 2008, before our client took over in 2019. During that time, the business has built up an excellent reputation and a very loyal client base.
The business has now come to the open market as our client is now looking to relocate and focus on other business interests.
London House Café is a welcoming and vibrant Cafe/Coffee Shop in Malvern Link.
Key selling points -
- Community hub
- Huge amount of repeat trade along with being located in a high footfall area
- Staff members in place
- Outstanding reputation
- Established for over 15 years
- Good rent for the area
- 5 star health and hygiene rating
- Push marketing
- Extend trading hours
- Open on weekends
We are advised that London House Cafe is run and managed by the owner, with the help of 3 full-time members of staff.
The current trading hours are -
Monday to Friday – 9:00am – 3:30pm
Saturday to Sunday - Closed
London House Cafe is located on Worcester Rd, in the heart of Malvern, Worcestershire.
The business has eye catching signage, receiving high levels of footfall and passing trade.
Occupies a double fronted premises on a busy main road.
Basement room -
- Dry store basement
- 36 Internal covers
- Service area
- Kitchen area
- WC
- Great signage with 12 external covers for seating in the summer months
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 4 year lease. The rent is £15,000 per annum.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
