Sold

Stylish Established Cafe

East Dulwich, Southwark

£195,000 +SAV

Ref: B04887

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Description

Hilton Smythe welcomes Cafe G. to the market.

This stylish cafe has been established and owned by our clients since 2014 who have created a clean fresh space to enjoy food and drink with friends and family. Their ethos is to establish a diverse community space for every age and generation to relax and enjoy. Cafe G. provides an impressive 50 covers inside and 30 covers outside. The business offers breakfast, lunch and afternoon teas. As an Artisan kitchen and coffee house our clients support local suppliers and trades. From their small batch, locally roasted coffee to their simple and nourishing breakfast and lunch menus, smoothies, milkshakes cakes and pastries. With the added bonus of an alcohol license they also serve locally brewed beer and a fantastic selection of bubbles and wines.

Being child friendly Cafe G. offer the following: -
1. Free babyccino's
2. Hot milk with chocolate sprinkles
3. Children's menu
4. Ample space for buggies
5. Baby changing facilities
6. High chairs
7. Small indoor play area

This cafe is also used for location hire for film, TV and commercials. The cafe also benefits from great reviews with 4.9 stars on Timeout, 4.4 stars Facebook and 3.9 stars on Google. This successful business is now being sold as the owners are pursuing other business opportunities.


This business can be purchased together with TheLittleBee Company Ltd T/A Gymboree East Dulwich. Please contact Hilton Smythe for more information. See reference number B04890.

Tenure

Leasehold

This business is a Leasehold opportunity, with 10 years remaining from the original 15 years.

We are advised a rent of £30,000 per annum.
Rates payable are in the region of £5,000 per annum.
The rent is currently under review however the landlord is also happy to extend the lease.



Hours

Monday to Friday 8am till 5pm
Saturday and Sunday 9am till 5:30pm



Staff

The business is currently running with 3 full time and 4 part time members of staff.


Financial Profile

2018 We are advised the business turned over £360,437 with a Gross Profit of £219,782
Cafe G. is on target to turnover £430,000 for 2018/2019.

Assets: £60,000.
SAV: £14,000.


Location

Cafe G. is located along Peckham Rye (B219) in the trendy, affluent area of East Dulwich.

Peckham Rye is an open space and road in the London Borough of Southwark in London. The roughly triangular open space, managed by Southwark Council, consists of two congruent areas, with Peckham Rye Common to the North and Peckham Rye Park to the South. The road Peckham Rye forms the western and eastern perimeter of the open space.

There’s convenient free street parking adjacent to the business for customers to utilise. Cafe G. is located 0.8 miles from East Dulwich train station, which serves a Southern service and is in Travelcard Zone 2, calling at stations such as London Bridge, Caterham and Beckenham Junction.


Premises

Cafe G. has been lovingly renovated by our clients to a very high standard.

As you walk through the entrance you are greeted by a stylish rustic interior with seating which wraps around a large counter, where you will find fresh pastries, cake, vegan brownies and sausage rolls etc.


Along the counter is the serving area where customers can order and pay for their food and drink which is then prepared in the kitchen which is located to the rear of the premises through a doorway on the right-hand side.

Equipment

• La Marzocco coffee machine
• 2 x Dishwasher
• Fridge
• Stainless steel freeze
• 2 x 3 Door fridge
• 1 x 3 Door freezer
• 2 x Stainless steel freezer
• Table and chairs
• Mini fridge
• Victorian awning
• Intruder alarm system
• Fire alarm system


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