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Attractive well equipped COFFEE SHOP/SANDWICH BAR. We understand the pre

Price:
Leasehold - £105,000
Turnover:
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Seller Ref:
R2745
Location:

London, CITY OF LONDON Central London

Business Type:

Food Service Businesses

See Other:
Sandwich shops for sale in London
Cafés for sale in London
Fast food restaurants for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Small front area with space for 1 table and 2 chairs. Attractive Coffee Shop/Sandwich Bar with laminated strip floor, air conditioning. All well equpped including 3 tables and 12 chairs, breakfast bar with 2 high chairs, open Coca Cola display fridge (on loan), cool display serve-over counter with refrigerated storage section, electronic cash register, 2 group coffee machine, coffee grinder. Menu board.

Cooking area behind counter with stainless steel cladding plus extractor unit, double panini toaster, grill, deep fryer, 2 microwave ovens, fridge, deep freeze, sink.

Stairs to basement Preparation Kitchen. Equipment includes 4-burner electric cooker, oven for baguettes, 4 fridges, 3 upright deep freezes, chest deep freeze.

Staff Cloakroom with w.c., wash hand basin and shower unit.

WE ARE INFORMED the turnover averages £3,000/£3,200 p.w. increasing in the winter months. Included in the turnover are buffets to local offices.

WE UNDERSTAND the premises are held on a secure renewable lease, the present lease having approx. 10.5 years unexpired at a rental of £17,500 p.a. excl. of rates for the next 6 months, with rent review at that time and thereafter every 5 years. We understand that there is also a service charge currently of approx. £500 p.a. payable.

Uniform business rates: £1,700 p.a. approx. after small business relief.


PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £105,000 PLUS STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Location Details:
Sought after position, close to an hotel, large office area, LONDON, N
Trading Hours:
Monday/Friday incl. 6 a.m. - 4 p.m.
Closed all day Saturday & Sunday.

We also understand t
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