Business for sale

Business description

Location this business is located in central london.
Turnover we are informed the turnover averages £4,000 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 75% approx.

Price offers invited to include the secure lease, goodwill, fixtures & fittings in the region of £120,000 plus stock at valuation (£2,500 approx).
Substantial loan to an approved applicant

Features double fronted compact premises with double door, quarry tiled floor, attractive ceiling with spotlighting. 1 Stainless steel display fridge for drinks, 1 electronic cash register, 1 jacket potato oven, cool display unit for fillings, 2 6-pot bain maries, 2 microwave ovens etc.

Stairs to basement kitchen with quarry tiled floor, 3 stainless steel tables, double sink and drainer, 1 upright small deep freeze, 1 upright deep freeze, 2 upright fridges, 2 electric cookers, 2 rice cookers, zanucci oven, wash hand basin

Staff cloakroom with w.c. And wash hand basin

Staff the business is at present operated by the vendor with the assistance of 2 full time staff. 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 - 11 a.m. - 3.30 P.m.
Closed all day saturday & sunday

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Tenure we understand the premises are held on a secure renewable lease 20 years lease from 8th november, 1996 at a current rental of £42,000 p.a. Exclusive of rates up to november, 2011, with rent to be agreed thereafter.

Uniform business rates: £13,000 p.a. Approx. + Water rates

Personally inspected and highly recommended

Must be seen to be fully appreciated

Reduced for early sale.


Reference : r6512