Business for sale

Business description

location this business is located in central london.

Turnover we are informed the turnover averages £2,400 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit in excess of 65%.

Price to include the secure lease, goodwill, fixtures & fittings £120,000 plus stock at valuation
substantial loan to an approved applicant

Features listed building

Single fronted sandwich bar approx. 400 Sq. Ft. With granite tiled floor, half marble tiled walls, well fitted including 5 tables and 12 chairs. Cool display serveover counter, bain marie, 2 group coffee machine, 3 commercial microwave ovens, sink and drainer, wash hand basin etc.

Large basement with ceramic tiled floor and tiled walls, 2 fridges, 2 deep freezes, staff cloakroom

Staff the business is at present staff operated with 3 full time and 1 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening hours monday - saturday inclusive - 7 a.m. - 5 P.m.
No sunday trading

Tenure we understand the premises are held on a secure renewable lease having approximately 6 years unexpired at a rental of £18,500 p.a. Exclusive of rates for the next 1 year, with rent to be agreed thereafter.

Uniform business rates: £3,500 p.a. Approx. + Water rates

Recommended for early inspection


reference : r8409