Business for sale

Business description

Location this business is located in central london.

We are informed the turnover averages £5,000/£5,500 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

Price offers invited to include the secure lease, goodwill, fixtures & fittings in the region of £150,000 plus stock at valuation
substantial loan to an approved applicant

Features space for 2 tables and 4 chairs in front of spacious sandwich bar with double door. Approx. 1,000 Sq. Ft. Ceramic tiled floor, ceiling with inset lighting. Tables and chairs providing seating for 20 persons. 1 Large open cool display unit, 2 additional open cool display units, 2 eletronic cash registers, display cabinet, cool display unit, counter, hot display cabinet.

Open plan kitchen area with stainless steel extractor, large panini grill, additional grill, toaster, 2 pot bain marie, 2 commercial microwave ovens, hot coffee automatic dispenser (on hp to be taken over), 2 filter coffee machines (on hp to be taken over), lincat hot water boiler etc.

Rear office/preparation room with walk-in coldroom, deep freeze, 2 safes, stainless steel tables, 4-burner hob plus fan assisted oven, music system (on loan), double sink and drainer etc.

Staff cloakroom with w.c. And wash hand basin

Staff the business is at present operated by a lady vendor with the assistance of 2 full time staff. Wages paid £500 p.w. Approx.

Opening hours monday - friday incusive - 6 a.m. - 5 P.m.
Closed all day saturday & sunday

Tenure we understand the premises are held on a secure renewable lease having approximately 5 years unexpired at a rental of £48,000 p.a. Exclusive of rates.

Uniform business rates: £12,000 p.a. Approx.

Personally inspected and highly recommended


reference : r8591