Business for sale

Business description

Excellent trading position, adjacent to Underground Station, Middlesex

We are informed the turnover averages £2,400 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features DOUBLE FRONTED SANDWICH BAR with 2 entrances, tiled floor. The equipment includes cool display serveover counter with refrigerated storage section, electronic cash register, grill, 2-burner electric hob, hot display counter etc.

Staff The business is at present operated by the vendor with the assistance of his wife on a part time basis.

Opening Hours Monday - Friday inclusive - 6 a.m. - 2 p.m.
Saturday opening - 6 a.m. - 1 p.m.
NO SUNDAY TRADING

Tenure We understand the premises are held on a recurring 3 yearly agreement from London Transport, the present agreement having approximately 1 year unexpired at a rental of £11,000 p.a. exclusive of rates. We are further advised that London Transport, subject to satisfactory references, will grant a new 3 yearly agreement at terms and rent to be agreed.

Uniform Business Rates: £2,200 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION


Reference : R8420