| (REF: R8578) Old Established Sandwich Bar & Café (Full A3 Use) |
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| Seller Reference: |
R8578 |
| B4S Reference: |
21571 |
| Asking Price: |
£55,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£104,000 |
| 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 : Front area with 2 tables plus 4 chairs
SINGLE FRONTED SANDWICH BAR/CAFÉ with quarry tiled floor. Tables and chairs plus 5 stools with breakfast bar providing seating for 25 persons. Cool display serveover counter with refrigerated storage section, 2 group coffee machine, electronic cash register, commercial microwave oven, panini toaster, jacket potato machine.
Level kitchen with gas cooker, double deep fryer, griddle, pizza oven, 2 commercial microwave ovens, 1 stainless steel fridge, 1 deep freeze, double sink and drainer, wash hand basin etc.
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase, especially with Saturday opening. Gross profit 65% approx.
We understand the premises are held on a secure renewable lease having approximately 6 years unexpired at a rental of £12,500 p.a. exclusive of rates for the next 1 year with rent to be agreed thereafter.
Uniform Business Rates: £2,400 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 32 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 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: |
Yard at rear. |
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Location: |
Situated in a parade, excellent main road trading position, LONDON, SE |
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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 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY |
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The business is at present operated by the vendor with the assistance of 1 full time staff. |
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