Profitable CAFÉ/SANDWICH BAR
Price:
Leasehold - £69,995
Location:
London, South London
Business Type:
Food Service Businesses
Nationwide are pleased to offer to the market : The Sandwich Bar/Café specialises in Italian type food including pastas, ciabattas, sandwiches, wraps, jacket potatoes, salads etc.
DOUBLE FRONTED SANDWICH BAR/CAFÉ approx. 350 sq. ft. Spotlighting, large ceiling fan. Air conditioning unit. Tables and chairs providing seating for 15 persons. Counter, electronic cash register, 2 group coffee machine, juicer, 2 panini toasters, 2 microwave ovens, mini electric oven. 2 upright cool display units (used for soft drinks, sandwiches, salads).
Service area with 4 fridges
SMALL PREPARATION AREA with upright deep freeze, sink, dishwasher
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover is currently in the region of £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx. We are further advised that the anticipated sales year ending April, 2011 should show in the region of £110,000 net of VAT.
We understand the premises are held on a secure renewable lease,the present lease having approximately 9 years unexpired at a rental of £20,400 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.
Uniform Business Rates: £7,360 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,995 open to offers plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent trading position, just off the main street, LONDON, SW
Monday - Friday inclusive - 8 a.m. - 3 p.m. CLOSED ALL DAY SATURDAY & SUNDAY We understand the
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