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(REF: R2623)  Attractive Well Fitted Sandwich Bar
 
Seller Reference: R2623
B4S Reference: 26765
Asking Price: £45,000
Net Profit: Undisclosed
Sales Revenue: £88,400
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Bedfordshire, the East of England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : We understand the Sandwich Bar was established approximately 20 years ago and we further understand has only had 2 owners in the last 20 years

Pavement area with 3 tables and 8 chairs (can be increased), licence fee payable for the front area.

ATTRACTIVE SINGLE FRONTED SANDWICH BAR with quarry tiled floor, fluorescent lighting and well equipped including cool display serveover counter with refrigerated storage section, automatic coffee machine, cookies oven (on loan), upright single door small glass fronted drinks fridge, jacket potato oven, wash hand basin.

REAR KITCHEN with quarry tiled floor, 3 microwave ovens, 4 small upright deep freezes, upright glass fronted fridge, 1 small fridge, double sink and drainer, panini toaster etc.

Small store area
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £1,700 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of possibly a sandwich round and indeed with Saturday opening. Gross profit 65% approx. We are further advised that sales year ending 31st December, 2010 showed £82,103 with a gross profit of £52,346.

We understand the premises are held on a secure renewable lease, the present lease expiring in December, 2013 at a current rental of £7,000 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: £1,000 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Rear yard (not incorporated in the lease)
 
  Location: Situated in a parade, excellent main road trading position, MIDDLESEX
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday - Friday inclusive - 8 a.m. - 3.30 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
  Summary of Staffing   
  The business is at present operated by a husband and wife team with the assistance of 2 part time staff.





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