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ULTRA MODERN SUPERBLY FITTED & SPACIOUS SANDWICH BAR/DELICATESSEN (We under

Price:
Leasehold - £170,000
Turnover:
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Seller Ref:
R2541
Location:

London, CITY OF LONDON Central London

Business Type:

Food Service Businesses, Retail businesses

See Other:
Coffee shops for sale in London
Sandwich shops for sale in London
Delicatessens for sale in London
Food service businesses for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Large multi-windowed premises in the region of 1,600 sq. ft. including kitchen.

Entrance with disabled access, laminated strip floor, ceiling with attractive multi hanging lighting. Tables and chairs providing seating for 40 persons (can be increased). Cool display serveover counter, electronic cash register, 2 group coffee machine.

Disabled cloakroom with w.c. and wash hand basin
Ladies/Gentlemen's cloarkoom with w.c. and wash hand basin

Rear level catering kitchen with non-slip floor. Fully equipped including mainly stainless steel equipment. The equipment includes 1 panini toaster, 1 6-burner gas cooker, 1 4-burner electric cooker, deep freeze, fridge, walk-in coldroom etc.

Large office

WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further development in the right hands, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary Personal Licence and indeed with additional opening hours.

We understand the premises are held on a lease, the present lease having approximately 15 years unexpired at a current rental of £27,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £25,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED SANDWICH BAR IN THIS EXCELLENT TRADING POSITION. IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £170,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Excellent main road trading position, large office area, LONDON, C
Trading Hours:
Monday - Friday inclusive - 7 a.m. - 4.30 p.m.
Saturday & Sunday - 8 a.m. - 1.30 p.m.
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