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Well established SANDWICH BAR

Price:
Leasehold - £165,000
Turnover:
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Seller Ref:
R2454
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 : SINGLE FRONTED SANDWICH BAR with tiled floor, part tiled walls. Counter, electronic cash register, panini toaster, 2 domestic microwave ovens, cool display serveover counter with refrigerated storage section, 2 group coffee machine, coffee grinder, jacket potato oven.

REAR AREA with tiled walls, sink and drainer, gravity feed slicer, 1 under-counter fridge, 1 under-counter deep freeze etc.

Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.

We understand the premises are held on a secure renewable lease the present lease having approximately 5 years unexpired at a rental of £25,000 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: £17,900 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Excellent main road trading position, large office are, CITY OF LONDON
Trading Hours:
Monday - Friday inclusive - 7 a.m. - 2.45 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
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