| (REF: R1644) Profitable Sandwich Bar (A1 Use) |
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| Seller Reference: |
R1644 |
| B4S Reference: |
21534 |
| Asking Price: |
£89,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£156,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Central London, London, United Kingdom |
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Nationwide are pleased to offer to the market : ATTRACTIVE SINGLE FRONTED SANDWICH BAR. Tables and chairs providing seating for 15 persons. Cool display serveover counter, electronic cash register, 2 group coffee machine, grill, toaster.
Rear kitchen with gas cooker, deep fryer, microwave oven, fridge, sink etc.
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 6 years unexpired at a rental of only £12,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £3,700 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Small yard at rear |
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Location: |
Situated in a parade, office, tourist and hotel area, LONDON, WC |
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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. - 5 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
In our opinion there is potential for opening at weekends, if desired. |
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At present operated under management. 1 full time manager plus 3 full time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. |
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