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Attractive well fitted COFFEE SHOP/SANDWICH BAR



     

  

Viewing is only via appointment please contact Nationwide Businesses on 020 8763 1777.

Location

Excellent trading position, just off main street, town centre, MIDDLESEX (Please register to make appointments and view addresses)

Features

Front area with space for 4 tables and 12 chairs to -

COFFEE SHOP/SANDWICH BAR (can be open front - weather permitting). Quality tiled floor, ceiling lighting. Well fitted including tables and chairs plus breakfast bar with stools providing seating for a total of 14 persons. Hot/cool display unit, cool display serveover counter, electric cash register, 2 group coffee machine, coffee grinder, filter coffee machine, menu blackboards, 2 small under-counter fridges, upright stainless steel fridge, upright stainless steel deep freeze, 4-slice toaster, double panini toaster, chest deep freeze, 2 electric convection ovens, double electric hob.

Stockroom with upright deep freeze
Cloakroom with w.c. and wash hand basin

Turnover

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st March, 2007 showed £147,925 with a gross profit of £88,454.

Staff

The business is at present operated by the vendor with the assistance of 2 full time plus 1 part time staff. In our opinion, with an active husband and wife team, the wage bill could be reduced.

Opening Hours

Monday - Friday inclusive - 7 a.m. - 4 p.m.
Saturday - 8 a.m. - 4 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.

Tenure

We understand the premises have been held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £14,500 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter after the following 5 years. In addition, we understand there is a current service charge of £500 per quarter, this incluldes rubbish collection plus parking space for 1 car.

Uniform Business Rates: £4,580 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS offers in region of £98,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference R8909

            

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Reference: R8909
Categories: Sandwich Shops
Coffee Shops
Location: Middlesex
Turnover: £ 4,000 p.w.
Price: £ 98,000 (Leasehold)

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