Business for sale

Business description

Situated in a parade, excellent trading position, sought after residential/office area, Middlesex

We are informed the turnover averages £1,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features Area on pavement for 2 tables and 4 chairs

SINGLE FRONTED MEDIUM SIZED SALES SHOP with ceramic tiled floor, suspended ceiling with concealed lighting. Breakfast bar with 3 stools, 2 cool display serveover counters with refrigerated storage sections, hot cabinet, potato oven, worksurfaces, 1 upright glass fronted drinks display fridge (on loan), 4-burner electric hob, hotplate, 2 microwave ovens, panini toaster, 4-slice toaster, ice cream deep freeze, fridge/freezer, coffee machine etc.

Staff cloakroom with w.c. and wash hand basin

Staff The business is at present operated by a lady vendor with the assistance of 3 part time staff plus 1 part time staff for deliveries. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening Hours Monday - Friday inclusive - 7.30 a.m. - 2.30 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
It will be appreciated upon inspection that there is potential for additional opening hours, including Saturday opening

Tenure We understand the premises are held on a secure renewable lease having approximately 14 years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : R8847