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(REF: R2206)  Profitable Lock-Up Sandwich Bar.
 
Seller Reference: R2206
B4S Reference: 27063
Asking Price: £140,000
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: Bedfordshire, the East of England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : DOUBLE FRONTED MEDIUM SIZED SANDWICH BAR with lino floor, suspended ceiling, spotlighting and fully equipped including breakfast bar with 4 stools, cool display serveover counter with under counter fridge with 3 doors, 1 electronic cash register, 1 double door glass fronted display ridge (on loan from Coca Cola), espresso 2-group coffee machine (on rental) etc.

KITCHEN at rear with vinyl floor, 1 electric oven, 1 4-burner electric hob, commercial microwave oven, fridge, 1 large chest deep freeze, 1 small deep freeze, double sink and drainer etc.

Staff cloakroom with w.c. and wash hand basin

Basement with office plus storage area

WE ARE INFORMED the turnover currently averages £5,500/£6,000 p.w. in our opinion offering further potential to increase in the right hands. (Included in the turnover is approximately £1,500 p.w. in respect of buffets). Gross profit 65% approx.

We understand the premises are held on a secure renewable lease, the present lease having 7 years unexpired from September, 2011 at a rental of £14,000 p.a. exclusive of rates up to September, 2014, with rent to be agreed thereafter.

Uniform Business Rates: £3,600 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £140,000 plus STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, just off the High Street and close to Town Centre, 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 - 7 a.m. - 3 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY

It will be appreciated upon inspection that there is potential for additional opening hours.
  Summary of Staffing   
  The business is at present operated by a husband and wife team with the assistance of 1 full time and 2 part time staff.





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