Business for sale

Business description

Location this business is located in central london.

Turnover we are informed the turnover averages £2,500 p.w. In our opinion offering tremendous potential for further increase, especially with saturday opening. Gross profit 65% approx.

Price to include the secure lease, goodwill, fixtures & fittings £89,950 plus stock at valuation
substantial loan to an approved applicant

Features front area with 2 tables plus 4 chairs

Single fronted sandwich bar/café with quarry tiled floor. Tables and chairs plus 5 stools with breakfast bar providing seating for 25 persons. Cool display serveover counter with refrigerated storage section, 2 group coffee machine, electronic cash register, commercial microwave oven, panini toaster, jacket potato machine.

Level kitchen with gas cooker, double deep fryer, griddle, pizza oven, 2 commercial microwave ovens, 1 stainless steel fridge, 1 deep freeze, double sink and drainer, wash hand basin etc.

Staff the business is at present operated by the vendor with the assistance of 1 full time staff.

Opening hours monday - friday inclusive - 6 a.m. - 4 P.m.
Closed all day saturday & sunday

Outside yard at rear.

Tenure we understand the premises are held on a secure renewable lease having approximately 9½ years unexpired at a rental of £12,500 p.a. Exclusive of rates for the next 4½ years with rent to be agreed thereafter.

Uniform business rates: £2,100 p.a. Approx.

The business has been in the same hands for the past 28 years and there are genuine reasons for sale.

Recommended for early inspection


reference : r8578