Well Established Café For Sale

Business
Please quote reference B07823

CoGoGo are delighted to welcome to the market Rheidol Rooms, a highly rated, busy, family run cafe in the heart of Islington.

The business was first established in 1950 and been in our clients ownership since 2015, building an excellent reputation and regular customer base during it’s time of trading. As seen by the online ratings and reviews, the business is extremely popular within the local area. 

Rheidol Rooms has now come to the open market due to our clients desire to retire. 

A traditional cafe in a residential part of Islington offering Normal full english breakfasts,pancakes, scrambled eggs and smokes salmon, eggs benedict, kippers and home made burgers; great food and affordable prices.

Equipment Included:

• Expresso Machine
• Industrial Kitchen
• Furniture
• Fittings

The cafe has had a lot of filming contracts that took place within the cafe, this generated another stream of income. They have featured in films such as Wonder Women2, Slow Horses on Apple TV, The Wagathachristie documentary on Disney +, The Hatton Garden Heist and many more.

Location
This business is run in Islington, London.

A lovely location with the option to sit outside if the weather permits, being a good spot for a quick pit stop for coffee or even a full english.

Premises
Basement Room –

• 3 Large Rooms
• Toilet 
• Garden

Ground Floor –

• Cafe
• Kitchen

First Floor – 

• 4 Bed Sits
• Kitchen
• Lounge

External Area of Premesis – 

• 2x Signs
• 2x Awnings

Tenure
We are advised this business is being sold on a Leasehold Basis with 7.5 years remaining on a 16 year lease. The rent is advised to be £30,000 Per Annum.

Hours
The current trading hours are:

Monday – Closed

Tuesday to Friday- 8:00am – 3:00pm

Saturday to Sunday – 10:00am – 3:00pm

Staff
We have been advised the business is run and managed by our client.

Financial Profile
The advised turnover is said to be at £500,000. Full financials can be made available upon further request.