Property photos
£275,000
Restaurant for sale
Bermondsey Street, London SE1Local area information
Property location
Nearby amenities
- The Cathedral School of St Saviour and St Mary Overy 0.2 miles
- Saint Joseph's Catholic Primary School, the Borough 0.2 miles
- Bankside Pier 0.2 miles
- Borough 0.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Bankside, Borough, The and Blackfriars to find out more about the local area.
Features and description
Discover an incredible opportunity to own a beloved café & catering business in the vibrant and ever-growing district of Bermondsey. This well-established, professionally operated business, known for its delicious products, great reputation and loyal customer base, is now available for sale.
Features:
Turnkey Operation: Impeccable condition with high-quality fixtures, fittings and equipment, ensuring a smooth transition for the new owner.
Attractive Business: Recently refurbished, following its redesign by Dover designs.
Loyal Customer Base: Enjoy a steady stream of regulars who appreciate the café's excellent quality, variety, great service and good value for money.
Strong Reputation: Supported by a 4.5* Tripadvisor rating and 4.3* Google Review.
Financial Transparency: Complete records for past 6.5 years, precise food costing and recipe cards to match. Accounts, merchant statements, bank statements and more available.
Low Overheads: Operating as a takeaway-only business ensures minimal running costs.
Comprehensive Training: Covering Operations, Admin, Menu Design & Costing, hr and Maintenance. Plus ongoing remote support / advice available.
Online Ordering System: Website offers a pre order for collection system and digital marketing.
Growth Potential:
Extend opening hours to capture more business.
Increase office catering services - high demand in this street.
Add delivery options through Uber Eats and Deliveroo.
Supply Local cafes with product (wholesale).
Introduce new products, such as healthy meal options.
Utilise the premises licence.
Boost social media marketing efforts.
The council is discussing fully pedestrianising the street, which will greatly enhance the customer flow.
A large development at the end of the street will bring hundreds of new potential customers to the area.
Utilising the gazebo and additional equipment included in the sale, for outside catering events.
Open small local satellite stores that are fed from the main store.
The original design with seating for c30 inside and 4 outside can easily be re-instated, if this was done, it could pay off to rent an external kitchen and increase internal capacity further, and use premises as a bar as well in the evenings.
Sub lease the kitchen in the evenings to be used as a ghost kitchen. (Landlord consent needed)
Reason for Sale: Genuine sale due to emigration.
Unique Opportunity: This is a rare chance to acquire a business with a solid model and proven profitability, supported by detailed accounts.
For more information or to schedule a viewing, please contact us now. Don’t miss out on owning a successful café in one of London’s most dynamic districts! RX402203
Location
The premises is situated in a prime sort after location, just 0.4 miles from London Bridge Station, within the bustling district of London Bridge and Tower Bridge, benefitting from high foot traffic all year round, with it’s diverse clientele of locals, tourists, and professionals. The large tourist trade comes from the many local hotels (c10 within 5min walk), several museums, art galleries, Bermondsey antiques market on weekends, and Maltbly street market. The premises is also situated between 2 parks and a tennis court, meaning especially in the warmer weather months, high levels of ice cream, smoothies and food-to-go is sold
Tenure
7.5 years unexpired of a 15 year lease at a current rental of £30,000 per annum exclusive. The lease is a secure lease within the Landlord and Tenants Act
Premises
A terrace retail shop with extending awning, glazed traditional frontage, single entrance leading into the premises which measures approximately 645 sq. Ft. Ground floor and 258 sq. Ft. Basement and is arranged as follows:
Shop front - equipped with 10m of (cold & ambient) product display space. Brand new coffee machine and grinder, drinks display fridge, ice cream display freezer, ice machine, under counter fridge, 2 till points and large air conditioning unit.
Production area - Large professional oven with extractor filter hood, 2 panini grills saladette fridge, 2 microwaves, large stainless steel table for drinks with 2 blenders and milkshake mixer, utensil sink, under counter fridge and freezers, and ventilation
Kitchen
Main kitchen - Hygienic cladded kitchen equipped with under counter fridge, saladette fridge, upright fridge, food processor, electric stove, commercial dishwasher, double sink, 2 microwaves, bain marie, drying racks, lots of wall shelving, hand wash sink, separate utensil sink, ventilation and window.
Rear area - Cleaning closet and staff WC.
Rear store - equipped with 2 upright freezers, 3 fridges, hot cabinet, stainless steel work surface, hand wash sink and lots of shelving storage, 2 windows for ventilation.
Offices - equipped with 2 apple computers, 2 monitors, windows laptop, large all in colour laser printer, label printer, 2 office desks and office chair, lots of stationery, 2 office drawers, air conditioning, private management WC.
Staff room/meeting room - Table for 4, sofa benches all-round, 40" TV connected to 16 channel CCTV dvr.
Basement store - equipped with 3 freezers, large hot water cylinder, lots of free standing shelves for dry storage
Trading Hours
Mon 8 am - 4:30 pm, Tues - Thurs 8 am - 5 pm, Sat 9:30 am - 6:30 pm, Sun 10 am - 6 pm.
In the winter months the business trades until 4pm weekdays, 5pm weekends.
The business closes 1hr later on hot days to capitalise on ice cream sales.
The business also closes 2 weeks over Christmas and is generally closed bank holidays in Jan - Apr. Plus closed on Sundays from Jan - March.
We are advised these trading hours are not restricted, so can easily be extended which will increase the turnover greatly
Staff
The business is run by the vendor on a part time basis with the assistance of 4 full time staff, and 2 occasional part time staff in the Summer months
Turnover
Net turnover of approximately £8,000, £9,400 Gross per week, (considering closed days) working to an above average gross profit margin associated with the trade (approximately 76%). Full financial information can be disclosed to seriously interested applicants following a viewing of the business, and proof of finances
Business Rates
The premises is subject to a rateable value of £18,000, paying approximately £2,245 per annum
Legal Costs
Each party are to be responsible for their own, with the landlords legal cost to be split 50/50
Inventory
A detailed inventory of fixtures and fittings will be prepared and supplied at the point of sale
Finance
Finance and business loans are available from leading high street Banks with attractive finance options. We can arrange for you to speak to a national firm of Business Finance Brokers or alternatively put you in touch with major high street bank for a free under no obligation discussion or consultation
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
Features:
Turnkey Operation: Impeccable condition with high-quality fixtures, fittings and equipment, ensuring a smooth transition for the new owner.
Attractive Business: Recently refurbished, following its redesign by Dover designs.
Loyal Customer Base: Enjoy a steady stream of regulars who appreciate the café's excellent quality, variety, great service and good value for money.
Strong Reputation: Supported by a 4.5* Tripadvisor rating and 4.3* Google Review.
Financial Transparency: Complete records for past 6.5 years, precise food costing and recipe cards to match. Accounts, merchant statements, bank statements and more available.
Low Overheads: Operating as a takeaway-only business ensures minimal running costs.
Comprehensive Training: Covering Operations, Admin, Menu Design & Costing, hr and Maintenance. Plus ongoing remote support / advice available.
Online Ordering System: Website offers a pre order for collection system and digital marketing.
Growth Potential:
Extend opening hours to capture more business.
Increase office catering services - high demand in this street.
Add delivery options through Uber Eats and Deliveroo.
Supply Local cafes with product (wholesale).
Introduce new products, such as healthy meal options.
Utilise the premises licence.
Boost social media marketing efforts.
The council is discussing fully pedestrianising the street, which will greatly enhance the customer flow.
A large development at the end of the street will bring hundreds of new potential customers to the area.
Utilising the gazebo and additional equipment included in the sale, for outside catering events.
Open small local satellite stores that are fed from the main store.
The original design with seating for c30 inside and 4 outside can easily be re-instated, if this was done, it could pay off to rent an external kitchen and increase internal capacity further, and use premises as a bar as well in the evenings.
Sub lease the kitchen in the evenings to be used as a ghost kitchen. (Landlord consent needed)
Reason for Sale: Genuine sale due to emigration.
Unique Opportunity: This is a rare chance to acquire a business with a solid model and proven profitability, supported by detailed accounts.
For more information or to schedule a viewing, please contact us now. Don’t miss out on owning a successful café in one of London’s most dynamic districts! RX402203
Location
The premises is situated in a prime sort after location, just 0.4 miles from London Bridge Station, within the bustling district of London Bridge and Tower Bridge, benefitting from high foot traffic all year round, with it’s diverse clientele of locals, tourists, and professionals. The large tourist trade comes from the many local hotels (c10 within 5min walk), several museums, art galleries, Bermondsey antiques market on weekends, and Maltbly street market. The premises is also situated between 2 parks and a tennis court, meaning especially in the warmer weather months, high levels of ice cream, smoothies and food-to-go is sold
Tenure
7.5 years unexpired of a 15 year lease at a current rental of £30,000 per annum exclusive. The lease is a secure lease within the Landlord and Tenants Act
Premises
A terrace retail shop with extending awning, glazed traditional frontage, single entrance leading into the premises which measures approximately 645 sq. Ft. Ground floor and 258 sq. Ft. Basement and is arranged as follows:
Shop front - equipped with 10m of (cold & ambient) product display space. Brand new coffee machine and grinder, drinks display fridge, ice cream display freezer, ice machine, under counter fridge, 2 till points and large air conditioning unit.
Production area - Large professional oven with extractor filter hood, 2 panini grills saladette fridge, 2 microwaves, large stainless steel table for drinks with 2 blenders and milkshake mixer, utensil sink, under counter fridge and freezers, and ventilation
Kitchen
Main kitchen - Hygienic cladded kitchen equipped with under counter fridge, saladette fridge, upright fridge, food processor, electric stove, commercial dishwasher, double sink, 2 microwaves, bain marie, drying racks, lots of wall shelving, hand wash sink, separate utensil sink, ventilation and window.
Rear area - Cleaning closet and staff WC.
Rear store - equipped with 2 upright freezers, 3 fridges, hot cabinet, stainless steel work surface, hand wash sink and lots of shelving storage, 2 windows for ventilation.
Offices - equipped with 2 apple computers, 2 monitors, windows laptop, large all in colour laser printer, label printer, 2 office desks and office chair, lots of stationery, 2 office drawers, air conditioning, private management WC.
Staff room/meeting room - Table for 4, sofa benches all-round, 40" TV connected to 16 channel CCTV dvr.
Basement store - equipped with 3 freezers, large hot water cylinder, lots of free standing shelves for dry storage
Trading Hours
Mon 8 am - 4:30 pm, Tues - Thurs 8 am - 5 pm, Sat 9:30 am - 6:30 pm, Sun 10 am - 6 pm.
In the winter months the business trades until 4pm weekdays, 5pm weekends.
The business closes 1hr later on hot days to capitalise on ice cream sales.
The business also closes 2 weeks over Christmas and is generally closed bank holidays in Jan - Apr. Plus closed on Sundays from Jan - March.
We are advised these trading hours are not restricted, so can easily be extended which will increase the turnover greatly
Staff
The business is run by the vendor on a part time basis with the assistance of 4 full time staff, and 2 occasional part time staff in the Summer months
Turnover
Net turnover of approximately £8,000, £9,400 Gross per week, (considering closed days) working to an above average gross profit margin associated with the trade (approximately 76%). Full financial information can be disclosed to seriously interested applicants following a viewing of the business, and proof of finances
Business Rates
The premises is subject to a rateable value of £18,000, paying approximately £2,245 per annum
Legal Costs
Each party are to be responsible for their own, with the landlords legal cost to be split 50/50
Inventory
A detailed inventory of fixtures and fittings will be prepared and supplied at the point of sale
Finance
Finance and business loans are available from leading high street Banks with attractive finance options. We can arrange for you to speak to a national firm of Business Finance Brokers or alternatively put you in touch with major high street bank for a free under no obligation discussion or consultation
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
Floor plans and tours
Floor plans (1)
More information
Listed by
Gilbert & Rose Commercial
View agent properties![Logo of Gilbert & Rose Commercial](https://st.zoocdn.com/zoopla_static_agent_logo_(747257).png)
Property descriptions and related information displayed on this page are marketing materials provided by - Gilbert & Rose Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Gilbert & Rose Commercial for full details and further information.