Well equipped SANDWICH BAR/COFFEE SHOP
Price:
Leasehold - £45,000
Location:
London, East London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : SINGLE FRONTED MEDIUM SIZED SANDWICH BAR/COFFEE SHOP with grey slate tiled floor, stainless steel cladding to walls, cool display serveover counter with refrigerated storage section, marble top counter, electronic cash register, 2 group coffee machine, coffee grinder, panini toaster.
SMALL KITCHEN with double sink, wash hand basin, 2-door stainless steel counter fridge.
Staff cloakroom with w.c. and wash hand basin
Basement
Storage area, small deep freeze
Office
WE ARE INFORMED the turnover averages £1,200 p.w. (including some buffets to offices in the area). Gross profit 65% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £10,500 p.a. exclusive of rates. We understand there was a rent review in September, 2010, however, no increase was requested and the present tenant is confident that the rent will remain at £10,500 p.a. exclusive of rates up to September, 2013. We further understand the rent reviews are every 3 years.
Uniform Business Rates: £1,900 p.a. approx. (after small business relief)
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, residential, office and commercial area, LONDON, E
Monday - Friday inclusive - 7 a.m. - 3.30 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
It will be app
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