| (REF: R1844) Old Established Sandwich Bar/Retail Bakery. |
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| Seller Reference: |
R1844 |
| B4S Reference: |
20174 |
| Asking Price: |
£12,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£83,200 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North London, London, United Kingdom |
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Nationwide are pleased to offer to the market : The present owner has owned this business, on and off, for the past 30 years and this concern is now solely offered for sale due to retirement.
The vendor has 1 table plus 2 chairs in front of the DOUBLE FRONTED SANDWICH BAR/RETAIL BAKERY, ceramic tiled floor, fluorescent lighting plus ceiling fan, 2 tables and 4 chairs. Cool display serve-over counter with refrigerated storage section, heated display unit, upright glass drinks display fridge, electric cash register, 2 Group coffee machine, coffee grinder, electric commercial oven, extractor unit.
Rear section with quarry tiled floor, 3 door stainless steel counter fridge, work surface with freezer section (not working at present), 2 small fridges, glass topped chest deep freeze, stainless steel extractor unit, griddle, large sink, wash hand basin, etc.
Staff Cloakroom with w.c. and wash hand basin.
Large rear Store Area - in our opinion could be developed if desired.
WE ARE INFORMED the turnover averages £1,600 p.w. - in our opinion offering further potential to increase in the right hands.
We understand the landlord, subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £14,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years. We further understand that the landlord will require a 6 months rent deposit.
Uniform Business Rates £2,600 p.a. approx. (not with small business relief)
AS STATED, THIS BUSINESS BUSINESS HAS BEEN IN THE SAME HANDS, ON AND OFF, FOR THE PAST 30 YEARS AND IS NOW OFFERED FOR SALE DUE TO THE VENDORS DESIRE TO RETIRE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
REALISTICALLY PRICED FOR EARLY SALE.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS, £12,500 PLUS STOCK AT VALUATION.
LOAN POSSIBLE TO AN APPROVED APPLICANT.
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, main road trading position, densely populated residential area, LONDON, N
School nearby. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday/Friday incl. 6.30 a.m. - 4.30 p.m.
Saturday, 7 a.m. - 3 p.m.
No Sunday trading. |
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The business is at present staff operated. |
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