| (REF: R1828) Spacious & Highly Profitable Sandwich Bar |
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| Seller Reference: |
R1828 |
| B4S Reference: |
20331 |
| Asking Price: |
£260,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£390,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
West London, London, United Kingdom |
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Nationwide are pleased to offer to the market : Front area with space for 3 tables and 9 chairs to -
SPACIOUS SANDWICH BAR with marble tiled floor. Hot display counter, 1 fan assisted oven, 8 open stainless steel cool display units, electronic cash register, 2 group coffee machine, 2 panini toasters, 1 upright glass fronted display fridge.
Stairs to spacious basement providing large preparation area with non-slip floor, stainless steel tables, 1 additional fan assisted oven, gravity feed slicer, chest deep freeze, 1 upright deep freeze, large walk-in coldroom, double sink and drainer etc.
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £29,000 p.a. exclusive of rates. We further understand there are rent reviews every 5 years.
Uniform Business Rates: £8,500 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 9 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £260,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
*PLEASE NOTE THE SALE OF THIS BUSINESS IS BY WAY OF SHARE TRANSFER AND THE LANDLORD WILL REQUIRE A 6 MONTHS RENT DEPOSIT*.
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, excellent trading position, commercial and office area, LONDON, W |
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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 inclusive - 6 a.m. - 4.30 p.m.
CLOSED SATURDAY & SUNDAY |
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The business is at present operated by 1 of the partners with the assistance of 5 full time and 3 part time staff. |
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