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Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

Situated in a parade, excellent trading position, CITY OF LONDON, with many offices, jewellers etc. (Please register to make appointments and view addresses)

We understand that subject to the necessary licence, there is potential to have 2 tables and 6/8 chairs in front of sandwich bar.

SINGLE FRONTED SANDWICH BAR/COFFEE SHOP with ceramic tiled floor. Well equipped including 2 cool display serveover counters with refrigerated storage section, open cool display unit (used for soft drinks). Breakfast bar with 6 stools, 2 panini toasters, 4 commercial microwave ovens, grill, 1 6-slice toaster, 1 4-slice toaster, coffee machine, smoothie maker.

Stairs to basement

Preparation/Store area with chest deep freeze, 2 fridges, gravity feed slicer, racking

Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages in the region of £6,000/£7,000 p.w. including buffets, sandwiches etc of £500/£1,000 p.w. Gross profit 70/75% approx.

The business is at present operated by 2 brothers with the assistance of 2 full time and 1 part time staff.

Monday - Friday inclusive - 7 a.m. - 4 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY

We understand the premises are held on a lease for a period of 6 years from September, 2008 at a rental of £17,500 p.a. exclusive of rates up to September, 2009, with rent to be agreed thereafter. (We are further advised that the present tenants do not anticipate any increase in the rental for the remaining 5 years).

Uniform Business Rates: £6,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £190,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT