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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Situated in a parade, excellent trading position, LONDON, N (Please register to make appointments and view addresses)

Corner position, all newly fitted.

SPACIOUS SANDWICH BAR with woodstrip floor, suspended ceiling with concealed lighting plus 5 hanging lights. Air Conditioning. Tables and chairs plus breakfast bar with stools providing seating for a total of 16 persons. The equipment includes 3 cool display serveover counters with refrigerated storage section, 1 heated display unit, 1 salad bar, 3 group coffee machine, 2 panini toasters, 3 domestic microwave ovens, stainless steel table, wash hand basin.

Kitchen with combination oven, 3 chest deep freezes, 1 fridge, large sink and drainer etc.

Ladies/Gentlemen's cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £2,400 p.w. however we are further advised the turnover week ending 13th September, 2008 was in fact £2,400 p.w. in our opinion the business offers tremendous potential for further development in the right hands. Gross profit 60% approx.

The business is at present operated by 1 partner with the assistance of 1 full time staff.

Monday - Friday inclusive 7.30 a.m. - 4 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
It will be appreciated upon inspection that there is potential for additional opening hours including Saturday & Sunday opening, if desired.

We understand the premises are held on a secure renewable lease having approximately 14 years unexpired at a rental of £32,500 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £9,000 p.a. approx. + water rates (We understand that the uniform business rates are currently under reconsideration with the Council as the shop has a large basement, which at present is not used).

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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