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WE ARE INFORMED the turnover averages £2,300 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. (Included in the turnover is a number of buffets to nearby offices). Gross profit 65% approx. We are further advised that the sales year ending 31st March, 2007 showed £120,101 with a gross profit of £66,117.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS SINGLE FRONTED SANDWICH BAR with ceramic tiled floor. Small window breakfast bar with 3 stools. Cool display serveover counter, hot drinks dispenser, electronic cash register, soup kettle, hot display cabinet, upright glass fronted drinks display fridge (on loan), 3 microwave ovens, small electric oven, panini toaster.
Rear office/storeroom with 3 small deep freezes, 1 large deep freeze, 1 large fridge, 1 small deep freeze.
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by 2 partners with the assistance of 2 part time staff.
We understand the landlord, subject to satisfactory references, is prepared to grant a new 10 years full repairing and insuring lease at an initial rental of £13,000 p.a. exclusive of rates with rent revisions.
Uniform Business Rates: £4,000 p.a. approx. + water rates
THIS SANDWICH BAR HAS BEEN IN THE SAME HANDS FOR THE PAST 8 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
