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ATTRACTIVE LUCRATIVE SANDWICH BAR

Price:
Leasehold - £39,000
Turnover:
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Seller Ref:
R1428
Location:

London, CITY OF LONDON Central London

Business Type:

Food Service Businesses

See Other:
Sandwich shops for sale in London
Coffee shops for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : ATTRACTIVE SANDWICH BAR. Customer's area with tiled floor. Cool display serveover counter, electronic cash register, glass fronted display fridge, 2 group coffee machine, 2 panini toasters, 2 commercial microwave ovens.

Rear open plan kitchen with gas oven, 2 upright double door fridges, 2 chest deep freezes, double sink and drainer, wash hand basin etc.

Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. 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 £20,000 plus vat p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

N.B. THE LANDLORDS REQUIRE A 12 MONTH RENT DEPOSIT

Uniform Business Rates: £8,827 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, densely populated office area, LONDON, WC
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