Front forecourt area with 2 tables and 6 chairs (can be increased to 5 tables and 15 chairs to -
ATTRACTIVE PREMISES. Ground floor, wood block floor, ceiling spotlighting (on tracks). Breakfast bar with 10 high chairs plus 2 tables and 4 chairs. Cool display serveover counter with refrigerated storage section, electronic cash register, 2 group coffee machine, coffee grinder, double panini toaster, 1 commercial and 1 domestic microwave oven, fridge, electric gravity feed slicer, upright glass fronted drinks fridge, mixer, chocolate machine etc.
Stairst to basement with vinyl floor, shelving for delicatessen display, convection oven, walk-in coldroom, stockroom, adjoining office.
Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx. (We understand the split of turnover is approx. 60% in resepct of the sandwich/coffee shop with the remaining 40% in respect of delicatessen). As stated the premises have a full Off Sales Licence for the sale of wines, beers and spirits.
Staff
The business is at present operated by 1 partner with the assistance of 2 full time and 1 part time staff. 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 lease, the present lease expiring in March, 2010 at a rental of £23,000 p.a. exlusive of rates up to March, 2008, increasing at that time to £24,000 p.a. exclusive of rates for the remainder of the term.
Uniform Business Rates: £8,000 p.a. approx. + water rates (metered)
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION (£5,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
