Business for sale

Business description

We are informed the turnover averages £7,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: SPACIOUS DOUBLE FRONTED SANDWICH BAR/COFFEE SHOP. Tables and chairs providing seating for 115 persons. Wall and ceiling lighting. Counter, 2 coffee machines, 2 electronic cash registers etc.

Level kitchen with non-slip floor. The equipment includes 2 ovens, grill, 3 deep fryers, 4 stainless steel fridges, 1 deep freeze.

Basement with ladies' and gentlemen's cloakrooms

Preparation room
Storeroom
Walk-in deep freeze


Staff: The business is at present operated by 1 of the partners on a part time basis with the assistance of 1 full time manager, 5 full time staff plus additional part time staff.


Opening Hours Monday - Saturday inclusive - 8.30 a.m. - 4.30 p.m.
NO SUNDAY TRADING


Tenure We understand the premises are held on a secure renewable lease having approximately 13 years unexpired at a rental of £31,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £9,500 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION


Reference : R8489