| (REF: R1694) Profitable Well Equipped Coffee Shop & Sandwich Bar |
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| Seller Reference: |
R1694 |
| B4S Reference: |
21701 |
| Asking Price: |
£120,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£208,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South London, London, United Kingdom |
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Nationwide are pleased to offer to the market : Forecourt area with space for 4 tables and 8 chairs (we understand a rental is payable to the local Council)
SPACIOUS SINGLE FRONTED COFFEE SHOP/SANDWICH BAR with quarry tiled floor, ceiling lighting. Tables and chairs providing seating for 8 persons. Well equipped including 1-2m stainless steel open cool display unit, 1-1m cool display unit, attractive cool display curved serveover counter with refrigerated storage section, hot display unit, double panini toaster, 2 commercial microwave ovens, fan assisted convection oven, 2 group coffee machine (on rental), toaster etc.
Rear preparation room with upright double door stainless steel fridge, 2 upright stainless steel deep freezes, 6-burner gas cooker, gravity feed slicer, sink and drainer etc.
Staff cloakroom with w.c. and wash hand bsin
WE ARE INFORMED the turnover averages £4,000 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 10 years unexpired from the 25th December, 2008 at a rental of £18,000 p.a. exclusive of rates up to the 25th December, 2010, increasing at that time to £19,000 p.a. exclusive of rates up to 25th December, 2011, increasing at that time to £20,000 p.a. exclusive of rates for the following 2 years up to the 25th December, 2013, with rent to be agreed thereafter.
Uniform Business Rates: £4,000 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 or near offfer 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: |
Rear yard with store shed |
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Location: |
Situated adjacent busy railway station, main road trading position, serving large residential and commercial area, SOUTH WEST LONDON. |
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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. - 4 p.m.
Saturday opening - 8 a.m. - 4 p.m.
Sunday opening - 9 a.m. - 4 p.m. |
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The business is at present operated by the vendor with the assistance of 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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