Price:
Leasehold - £75,000
Location:
Nottinghamshire , CENTRAL, NOTTINGHAM
Business Type:
Food Service Businesses
SANDWICH BAR CONDUCTED UNDER MANAGEMENT AND LOCATED IN THE CENTRE OF THE CITY OF NOTTINGHAM. SALES: WE ARE ADVISED BY OUR CLIENT SALES ARE AROUND £4,000 APPROXIMATE WEEKLY AVERAGE. – FULL AVAILABLE FINANCIAL INFORMATION WILL BE REQUESTED FROM OUR CLIENT TO SUPPLY TO SERIOUS PROSPECTIVE PURCHASERS UPON THEIR SIGNING OF A CONFIDENTIALITY AGREEMENT. OPENING HOURS: Monday to Friday inclusive: 8.00am to 3.00pm Saturday: 11.00-3.00 STAFF: 1 manager and 3 part time staff BUSINESS INFORMATION: We understand the business is a Limited company with one shareholder. The transfer of the business would include the transfer of the company. This unit operates on a fully managed basis. PREMISES COMPRISE: GROUND FLOOR: SERVERY AREA. REAR SEATING AREA with tables and chairs to seat 20 persons comfortably. STORE ROOM. BASEMENT AREA: KITCHEN. REAR FREEZER AREA with walk-in freezer, and walk-in refrigerator (fire exit to rear). LOWER BASEMENT: SMALL STORE. TOILET (customers and staff) – low level W.C. hand wash basin. STORE ROOM plumbed for sink and washing machine.
TENURE: LEASEHOLD TERM 10 years from April 2010. Mid-term rent review August 2015. Repairing obligations: Fully repairing and insuring. RENT: 2011 £25,600 per annum exclusive. 2012 £28,800 per annum exclusive. 2013 £30,400 per annum exclusive. 2014-2020 £32,000 per annum exclusive RENT DEPOSIT: Subject to the status of the assignee, the landlord may require a rent deposit equivalent to 3 or 6 months annual rental, to be held for the duration of the lease. Purchasers should take this into consideration when preparing financial forecasts and budgets. LEGAL COSTS: Each party to be responsible for their own legal costs. LEASEHOLD ASKING PRICE: £75,000 S.A.V. REF: 7418
LOCATED IN THE CENTRE OF THE CITY OF NOTTINGHAM.
TENURE: LEASEHOLD TERM 10 years from April 2010. Mid-term rent review August 2015. Repairing obligations: Fully repairing and insuring. RENT: 2011 £25,600 per annum exclusive. 2012 £28,800 per annum exclusive. 2013 £30,400 per annum exclusive. 2014-2020 £32,000 per annum exclusive RENT DEPOSIT: Subject to the status of the assignee, the landlord may require a rent deposit equivalent to 3 or 6 months annual rental, to be held for the duration of the lease. Purchasers should take this into consideration when preparing financial forecasts and budgets.
Monday to Friday inclusive: 8.00am to 3.00pm Saturday: 11.00-3.00
PREMISES COMPRISE: GROUND FLOOR: SERVERY AREA. REAR SEATING AREA with tables and chairs to seat 20 persons comfortably. STORE ROOM. BASEMENT AREA: KITCHEN. REAR FREEZER AREA with walk-in freezer, and walk-in refrigerator (fire exit to rear). LOWER BASEMENT: SMALL STORE. TOILET (customers and staff) – low level W.C. hand wash basin. STORE ROOM plumbed for sink and washing machine.
UK Non-Specific
£ 800,000
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