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WE ARE INFORMED the turnover averages £5,000/£5,500 p.w. Gross profit 50% approx. (We understand the split of turnover is approx. 60% shop sales whilst the balance of approx. 40% is corporate work i.e. buffets etc. to companies in the area. We are further advised that the sales year ending 31st December, 2006 showed in the region of £230,000
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £180,000 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Full A3 use.
Attractive Sandwich Bar with ceramic tiled floor, spotlighting. Well equipped including 2 large cool display serveover counters, automatic coffee machine, upright glass fronted drinks fridge, juice extractor machine, computerised electronic cash register.
Rear kitchen with electric fan assisted cooker, gas cooker, extractor unit, microwave oven, grill, 1 panini machine, toasters, stainless steel tables, double sink and drainer etc.
Staff cloakroom with w.c. and wash hand basin
First Floor - Storeroom with fridge, 1 fridge/freezer, 2 deep freezes
Staff
The business is at present operated by a hushand and wife team with the assistance of 3 full time and 4 part time staff. Wages paid in the region of £1,100 p.w.
We understand the premises are held on a lease having 25 years unexpired from June, 2007 at a current rental of £13,000 p.a. exclusive of rates up to June 2012, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £3,500 p.a. approx. + water rates
