Attractive SANDWICH BAR/COFFEE SHOP with FULL A3 use
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £1,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. The vendor also displays a number of paintings in the form of an Art Gallery, however, the sale of paintings is not included in the Sandwich Bar turnover. Gross profit 65% approx.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
DOUBLE FRONTED SANDWICH BAR/COFFEE SHOP with ceramic tiled floor, wall and ceiling lighting. Newly refurbished and fitted. Tables and chairs providing seating for 16 persons. Cool display counter, electronic cash register, 2 group coffee machine.
Stairs to basement providing an additional seating area with ceramic tiled floor. Tables and chairs for 26 persons.
Customer's cloakroom with w.c. and wash hand basin.
Ground floor level kitchen with tiled floor, electric fan assisted oven, 1 stainless steel fridge, 1 upright glass fronted fridge, work surfaces, double sink and drainer, dishwasher, wash hand basin
Staff
The business is at present operated by the vendor.
We understand that subject to satisfactory references, the landlord is prepared to grant a new 15 years full repairing and insuring lease at an initial rental of £11,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter after the following 5 years. We further understand that the landlord is prepared to grant a Break Clause on the side of the Landlord or the Tenant, exercisable after the first 5 years or in fact after the 10th year.
