| (REF: R7862) Impressive And Spacious Well Established Sandwich Bar |
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| Seller Reference: |
R7862 |
| B4S Reference: |
21569 |
| Asking Price: |
£195,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£286,000 |
| 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 : Spacious double fronted SANDWICH BAR occupying a corner position. Extended and all modernised. Attractive wood strip floor, attractive hanging lighting. Air conditioning. Fully equipped including tables and chairs providing seating for 32 persons (can be increased). Large cool display serveover counter plus 1 additional cool display serveover counter, 2 open cool display units (for soft drinks), 2 group coffee machine, electronic cash register etc.
Open plan cooking area with 3 commercial microwave ovens, bain marie, grill, double deep fryer, stainless steel extractor unit.
Stairs to large basement
Ladies & gentlemens cloakrooms each with w.c. and wash hand basin
Kitchen with electric convection oven, 2 fridges, 1 upright double door deep freeze, stainless steel tables, double sink and drainer, wash hand basin, shelving etc.
WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.
We understand the landlord would grant a new 15 year lease with rental of £29,500 p.a. exclusive of rates for the next 5 years, with rent to be agreed thereafter.
Uniform Business Rates: £8,000 p.a. approx. + water rates (metered)
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASES, GOODWILL, FIXTURES & FITTINGS £195,000 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN 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, excellent trading position, office 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 - 7 a.m. - 5 p.m.
Saturday opening - 7 a.m. - 3 p.m.
NO SUNDAY OPENING |
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The business is at present operated by the owner with the assistance of 5 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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