WELL FITTED SANDWICH BAR/RETAIL BAKERY.
Price:
Leasehold - £37,500
Location:
London, CITY OF LONDON Central London
Business Type:
Food Service Businesses, Retail businesses
Nationwide are pleased to offer to the market : This business has been trading in Exmouth Market for approx. 12 years, however, recently moved further up the parade and opened in April 2010.
Space for 2 tables and 4 chairs outside the shop.
Double fronted spacious SHOP. Front area with ceramic tiled floor. Main section with woodstrip floor, suspended ceiling with concealed lighting. Well equipped including stainless steel open cool display unit, bread display shelving, 2 curved cool display counter with refrigerated storage section, hot display counter, hot water boiler, Cimbali hot drinks machine, 3-pot bain marie, stainless steel extractor, griddle plus electric oven.
Rear section with upright stainless steel fridge, upright stainless steel deep freeze, sink and drainer, wash hand basin.
Staff Cloakroom with w.c. and wash hand basin.
WE ARE INFORMED the turnover averages £2,500 p.w., in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.
WE UNDERSTAND the premises are held on a secure renewable lease for a period of 20 years from April 2010, at a rental of £16,800 p.a. plus VAT, exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years.
Uniform business rates: £4,500 p.a. approx.
As stated, this business has been trading in the same parade for approx. 12 years and, in our opinion, offers terrific potential under personal supervision.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.
PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £37,500 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Situated in a parade, excellent trading position, densely populated commercial and residential area, LONDON, C
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