Business for sale

Business description

Location this business is located in central london.

turnover we are informed the turnover currently averages £5,000 p.w. In our opinion offering tremendous potential for further increase, especially with additional opening hours. Gross profit 65% approx.

Price to include the secure lease, goodwill, fixtures & fittings £155,000 plus stock at valuation
substantial loan to an approved applicant

features space on front pavement area with new sunblind for 5 tables plus 10 chairs plus 2 heaters.

Attractive double fronted sandwich bar with tiled floor, air conditioning. 4 Tables plus 15 chairs. In addition there is a breakfast bar with 6 stools. 2 Cool display serveover counters, electronic cash register, 2 group coffee machine, orange juice machine, panini toaster, salamander, 2 commercial microwave ovens, 2-door stainless steel counter fridge etc.

Stairs to basement kitchen with 4-pot bain marie, 4-burner electric hob, dishwasher, double sink and drainer, 4-door stainless steel counter fridge, additional fridge.

Storeroom with shelving, fridge, chest deep freeze, turbo fan electric oven etc.

Customer's cloakroom with w.c. And wash hand basin, in addition there is a staff cloakroom with w.c. And wash hand basin

staff we understand the sandwich bar is at present operated by 3 partners with the assistance of 1 full time staff.

Opening hours monday - friday inclusive - 6.30 a.m. - 4 P.m.
Closed all day saturday & sunday

tenure we understand the premises are held on a secure renewable lease, the present lease expiring in july, 2011 at a rental of £19,000 p.a. Exclusive of rates for the remainder of the term.

Uniform business rates: £6,000 p.a. Approx. + Water rates

Personally inspected and highly recommended

Must be seen to be fully appreciated


Reference : R8345