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Restaurant/cafe for sale

£19,990

207 Garratt Lane, London SW18

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Property description

Business
Hilton Smythe are delighted to present to the market Cafe Belle Ltd, established by our client earlier this year and reluctantly offered for sale due to our clients wish to return to her own country of birth. Having spent over £30,000 on the refit to date, our client is looking for a quick sale hence the asking price.

The contemporary cafe has been completely remodelled and refurbished by our client and the poplar menu includes avocado, egg and salmon on toast, fresh salads, croissants, sandwiches, granola, smoothies, sliced cakes including gluten free options, cold drinks and fresh bean to cup coffees. The famous coffee used is the ‘Alchemy Opus V13’ and there is a large range of organic teas.

Lunches include crispy grill sourdough, focaccia or ciabatta with avocado, Houmas, grilled vegetables and chicken. The jerk wraps are particularly popular!

Currently trade is split 50% eat in and 50% takeaway; however, with the addition of some more tables and chairs on the ground floor, the purchaser could easily increase eat in sales levels.

Our client informs us there is eager demand for English breakfast from the many contractors and builders working in the area; there is no other cafe opening between 6am – 7am to capture this lucrative market.

Full handover period offered to the purchaser if required.

Location
Cafe Belle is located on the bustling Garratt Road in Wandsworth, London.

The desirable street offers a mixture of independent retailers including bespoke kitchen showrooms, clothing shops, a busy post office and supermarket.

Floreat Wandsworth primary school is just around the corner from the business and Brocklebank doctor’s surgery is directly across.

There is metered parking directly outside the shop.

Wandsworth is a borough within central London, less than 5 miles to Charing Cross by the A3205 and A3212. The no 39 bus takes only 20 minutes to central London.
Premises
Contemporary refit of over £30,000 including new lighting, electrics, equipment, decor, underfloor heating and toilet facilities.

Ground floor –

3 x window high seats and high table

Sofa

2 x low tables

2 x round tables with 4 chairs

Serving counter is L shaped

2 arm leased coffee machine and grinder

2 x panini grills

Glass fronted drinks fridge

Undercounted fridge

Fixed wall shelving

Till

Card machine

Hand wash sink

New boiler

Preparation counter

Lower ground-

Currently not used as part of the cafe space but could easily be utilised to add further sofas and tables to double the number of covers in the business.

This area is currently rented out on a short-term agreement for use as a recording studio. There is a new floor, heating, lighting, new partition wall and new customer toilet.

Additional freezers are kept in this area.
Tenure
This is a Leasehold sale.

A new 5 year lease granted in 2017.

Rent £19,200 per annum.
Hours
Monday to Friday: 7.30am – 4pm

Saturday: 8am – 5pm

Sunday: 8.30am - 2pm

Hours can be extended.
Staff
Owner run with full time and weekend part time staff.
Financial profile
Average turnover of £1,000 per week with a gross profit of 65%.

The business assets are valued at around £30,000.

What Zoopla users think of SW18

Overall rating:

  • currently 4.5 stars
Very good - 89% (261 ratings)

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Nearby transport

  • Earlsfield (0.6 miles)
  • Wandsworth Town (0.8 miles)
  • Southfields (0.8 miles)
  • London City Airport (11.2 miles)
  • London Heathrow Airport (11.9 miles)
  • London Gatwick Airport (20.9 miles)
  • Wandsworth Riverside Quarter Pier (1.0 mile)
  • Putney Pier (1.6 miles)
  • Chelsea Harbour Pier (1.7 miles)

Nearby schools

View all schools in Wandsworth
  • Swaffield Primary School (0.2 miles)
  • Floreat Wandsworth Primary School (0.2 miles)
  • Allfarthing Primary School (0.3 miles)
  • South Thames College (0.5 miles)
  • St Francis Xavier Sixth Form College (1.7 miles)
  • Chelsea Independent College (2.1 miles)
  • Southfields Academy (0.5 miles)
  • Rainbow School for Children with Autism (0.8 miles)
  • Saint Cecilia's Church of England School (0.8 miles)
Note: Distances are straight line measurements

Local info for Wandsworth

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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