Business for sale

Business description

We are informed the turnover currently averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.


Price: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £53,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features Spacious SINGLE FRONTED SANDWICH BAR, all modernised, in excellent condition and with full gas fired central heating. Front area with woodstrip floor, ceiling with spotlighting. 4 tables with 8 chairs plus breakfast bar with 4 stools providing seating for 12 persons in total. The Sandwich Bar is well equipped including cool display serveover counter, panini toaster, 2 grills, 1 salad bar cool display unit, 1 cool display unit (for cakes etc), coffee machine, coffee grinder, menu board.

Small kitchen with ceramic tiled floor, convection oven, upright stainless steel fridge, deep freeze, sink and drainer.

Half tiled ladies' and gentlemen's cloakrooms, 2 wash hand basins, mirror

Large basement for storage purposes


Staff: The business is at present operated by the vendor with the assistance of 1 full time plus 2 part time staff.


Opening Hours Monday - Saturday inclusive - 7.30 a.m. - 3.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours.


Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 18 years full repairing and insuring lease at a rental of £23,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £3,700 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED


Reference : R8394