Single fronted, compact premises, Electric Heaters, tiled floor, suspended ceiling with spot lights.
Fully equipped including: cool display counter with refrigerated storage section, electronic cash register, etc.
THE KITCHEN AREA
Open plan level kitchen, commercial oven, 1 microwave, single sinks plus drainer, etc.
Turnover
WE ARE INFORMED the turnover averages £1,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 67% approx. We are further advised that the split of turnover is approximately £350/£400 p.w. in respect of buffets with the balance being shop sales.
Staff
The business is at present operated by the Staff, 2 full time and an additional 1 part time staff employed.
We understand the premises are held on a secure renewable lease, having approx. 14.5 years unexpired at a rental of £7,500 p.a. exclusive of rates next rent review in 4.5 years then every 5 years
Uniform Business Rates: £800 p.a. approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Reference
R8724
Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.
