FinanceYou can borrow
£ 39,750 (lease)
to purchase this business subject to status, with a house or additional
security you maybe able to borrow the full amount.
Situated in a parade, office, tourist and hotel area, LONDON, WC
Features
ATTRACTIVE SINGLE FRONTED SANDWICH BAR. Tables and chairs providing seating for 15 persons. Cool display serveover counter, electronic cash register, 2 group coffee machine, grill, toaster.
Rear kitchen with gas cooker, deep fryer, microwave oven, fridge, sink etc.
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 65% approx.
Staff
At present operated under management. 1 full time manager plus 3 full time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Opening Hours
Monday - Friday inclusive - 6 a.m. - 5 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
In our opinion there is potential for opening at weekends, if desired.
Outside
Small yard at rear
Tenure
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 3 years unexpired at a rental of only £12,000 p.a. exclusive of rates.
Uniform Business Rates: £3,700 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing
Please call 020 8763 1777 for an appointment to view
Reference
R1644
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Selling your business?
No sale No fee