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Attractive well equipped COFFEE SHOP/SANDWICH BAR

Price:
Leasehold - £85,000
Turnover:
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Seller Ref:
R2771
Location:

London, South London

Business Type:

Food Service Businesses

See Other:
Coffee shops for sale in London
Sandwich shops for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Front area with space for 2 tables and 4 chairs (Licence Fee payable we understand of approx. £625 p.a).

SINGLE FRONTED COFFEE SHOP/SANDWICH BAR, woodstrip floor. Marble topped tables with chairs providing seating for 10 persons. Cool display serveover counter, electronic cash register, menu blackboard, 2 group coffee machine, coffee grinder, cool display open unit (for soft drinks & sandwiches), double panini toaster, double door glass counter fridge, 2 microwave ovens, sink and toaster etc.

OPEN STAIRCASE TO BASEMENT with woodstrip floor providing additional seating area with tables and chairs plus 2 sofas for an additional 20 persons. 2 stainless steel upright deep freezes, 1 upright fridge.

Storeroom
Customer's cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £2,500/£3,000 p.w. in our opinion offering further potential to increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 7½ years unexpired at a rental of £17,000 p.a. exclusive of rates for the next 3½ years, with rent to be agreed thereafter.

Uniform Business Rates: £5,400 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Excellent trading position, opposite a Tube Station, LONDON S
Trading Hours:
Monday - Friday inclusive - 7 a.m. - 6 p.m.
Saturday opening - 7.30 a.m. - 5.30 p.m.
Sunday op
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