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 £4,200 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx. We are further advised that the sales year ending March 2007 showed £215,815.28 with a gross profit of £131,831.
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Pavement area with Licenced space for 4 tables and 12 seats (weather permitting) to -
SPACIOUS DOUBLE FRONTED SANDWICH BAR with attractive wood strip floor.
Rear section with attractive brickwork. 2 air conditioning units. Tables and chairs providing seating for 20/24 persons. 1 cool display serveover counter , electronic cash register, 2 group coffee machine, open cool display unit (for soft drinks, sandwiches etc), saladette cool unit, 2 panini grills, toaster, 1 commercial microwave oven, 1 domestic microwave oven, 2 toasters, deep freeze, dishwasher etc.
Stairs to basement
Customer's cloakroom with w.c. and wash hand basin plus additional staff cloakroom with w.c. and wash hand basin.
Kitchen with double sink and drainer, 6-burner gas cooker, 2 deep freezes
Office with chest deep freeze, ice maker
Large store with walk-in coldroom, chest deep freeze
Small Dry Goods Store
Staff
The business is at present operated by the vendor with the assistance of 4 full time plus 2 part time staff. Wages paid in the region of £1,200/£1,300 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
We understand the premises are held on a new 6 years full repairing and insuring lease from January 2008 at a current rental of £16,000 p.a. exclusive of rates up to January, 2011 with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £3,800 p.a. approx. + water rates (metered)
