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SANDWICH BAR/ CAFÉ NORTH LONDON

Price:
Leasehold - £32,000
Seller Ref:
1491
Location:

London

Business Type:

Food Service Businesses

See Other:
Cafés for sale in London
Sandwich shops for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
The particular highlights of the business are:
- The owner may be prepared to accept staggered payments for the business, enabling the buyer to pay from profits although a lump sum sale would be more favorably considered.
- Ideally located concern offering excellent lifestyle.
- A well established business which has now closed down.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £0 with a net profit of £0. (See financial summary below). This is very impressive considering the credit crunch.
- A business with great potential which has not been exploited because the owner closed the business down.
- A good first time buyers business.

History
Phoenix Business Transfer Agents are delighted to place onto the market these empty premises with a fully fitted kitchen and premises.

Services
This very good business opportunity provides sandwiches and a café.

Property Details
The premises are available fully equipped with 4 covers and a kitchen area.

Equipment with sale
All fixtures and fittings and equipment are included in the sale price and are valued at £15,000.
Location Details:
This thriving concern is located on a very busy main road in the Islington area of London. It is within a thriving commercial within the N1 postcode. This part of London is part of the congestion zone.
Lease Terms:
The original length of the lease was 16 years with 15 years remaining. The rent is £9,000 pa with a review in 4 years. The rates are £1,900.
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