| (REF: R3201) Well Fitted Coffee Shop/Sandwich Bar (A1 Use) |
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| Seller Reference: |
R3201 |
| B4S Reference: |
32515 |
| Asking Price: |
£60,000
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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: |
West London, London, United Kingdom |
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Nationwide are pleased to offer to the market : We understand there is a large office, retail and residential development shortly to be undertaken opposite the business.
Spacious front area currently used for 3 tables and 6 chairs (can be increased to 5 tables and 10 chairs during the summer months)
DOUBLE FRONTED PREMISES occupying a corner position, new tiled floor. Tables and chairs providing seating for 14 persons. Open cool display unit (used for soft drinks), cool display serveover counter, 2 group coffee machine and coffee grinder (both on a leasing agreement to be taken over), electronic cash register, 2 soup kettles, toaster, bain marie, electric cooker, double panini toaster, 2 commercial microwave ovens, sink.
STAIRS TO BASEMENT KITCHEN with tiled floor, tiled walls, double sink, single sink, double hotplate, 2 deep fryers.
Storage area
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential in the right hands.
We understand the premises are held on a secure renewable lease for a period of 15 years from the 1st June, 2010 at a rental of £32,000 p.a. exclusive of rates up to the 1st June, 2013, increasing at that time to £35,000 p.a. exclusive of rates up to June, 2016 and with a further increase at that time to £37,000 p.a. exclusive of rates up to June, 2019, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £7,500 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS TO BE BY WAY OF A SHARE TRANSFER OF THE COMPANY
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Occupying an excellent corner position, large office area, not far from Oxford Street and Oxford Circus, LONDON, W |
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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 - 6.45 a.m. - 3.30 p.m.
Saturday opening - 8 a.m. - 3 p.m.
NO SUNDAY TRADING |
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The business is at present operated by the vendor with the assistance of 1 part time staff. |
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