Leasehold Sandwich Bar For Sale
Business for sale
Asking Price:
£25,000
Turnover:
£31,200
Annual profit:
£15,818
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
3
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: c519City: Ramsgate, Kent United Kingdom
Property: Leasehold
Description
Well established, having been in the present hands for some 3 years and now only being marketed as a result of the vendors other business commitments. The business is totally staff run at present. TURNOVER - £600 PWK @ 65% G.P. (Tremendous potential to improve)
Premises – Mid Parade premises. Single frontage single entrance to. Take Away Area: laminate flooring, fully tiled, 12 covers. Refrigerated serve over counter, 2 group cappuccino machine,Taylor soft ice cream machine (On lease purchase) turbo fan oven, double st/stl sink. Prep area: pannini grill, microwave oven.
Terms of the lease/leasehold
9 years remaining on original 12 year lease RENT - £12,000 P.A. (3 year reviews)
Location and Property
Prominently situated fronting the High Street of this prosperous Kent Town, enjoying a high level of passing trade and serving a densely populated residential area.
Accommodation
Approached from shop comprising. First Floor: Sep. W.C. Lounge: Second Floor: Large Bedroom 1: with fireplace. Bathroom: Full suite. Third Floor: 2 Further Double Bedrooms. Note: The accommodation has undergone considerable refurbishment but some works are still required to make the flat habitable.
Trading Hours of Business
8.00am - 4.00pm Mon to Sat