Business for sale

Business description

Location this business is located in central london.

turnover we are informed the turnover averages £4,000 p.w. Gross profit 65% approx.

Price to include the secure lease, goodwill, fixtures & fittings £135,000 plus stock at valuation
substantial loan to an approved applicant.

Features double fronted with electric shutters, medium sized premises, tiled floor, suspended ceiling with spot lights.

Fully equipped including: sales counter, electronic cash register, 1 large fridge / 3 x freezer, 4-burner gas cooker, commercial oven, 4 commercial microwave, stainless steel preparation table. Etc.

* Tables and chairs providing seating for 30 people
* basement, used for storage purposes option to use as additional seating for 30 people
* private office in basement.
* Fully tiled cloakroom with w.c. And wash hand basin..

Staff the business is at present operated by the vendor, with the assistance of 3 full time and an additional 2 part time staff employed.

Opening hours 6 day week (monday - friday) 7am - 4pm
saturday 8am - 3pm

Tenure we understand the premises are held on a secure renewable lease, having approx. 18 Years unexpired at a rental of £16,500 p.a. Exclusive of rates next rent review in 3 years then every 5 years

Uniform business rates: £4,200 p.a. Approx. Plus water rates (metered).


Reference : r8725