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Profitable CAFÉ/SANDWICH BAR

Price:
Leasehold - £69,995
Turnover:
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Seller Ref:
R2468
Location:

London, South London

Business Type:

Food Service Businesses

See Other:
Tea rooms for sale in London
Cafés for sale in London
Sandwich shops for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
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
Location Details:
Situated in a parade, excellent trading position, just off the main street, LONDON, SW
Trading Hours:
Monday - Friday inclusive - 8 a.m. - 3 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
We understand the
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