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Business Details
Advert Ref : R7459

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Superb newly fitted SANDWICH BAR/DELICATESSEN





  

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

Summary:
Reference: R7459
Categories: Sandwich Shops
Delicatessens
Location: South London
Turnover: £ 3,400 p.w.
Price: £ 125,000 (Leasehold)
 
Location

Situated in a parade, residential and office area, LONDON SW (Please register to make appointments and view addresses)

Features

Spacious single fronted Sandwich Bar. Front area with ceramic tiled floor, suspended ceiling, concealed lighting.

Open staircase to mezzanine floor with laminated strip floor. Tables and chairs providing seating for 26 persons. The shop is all well equipped including new adjustable shelving, 1 upright double door drinks display fridge, 1 upright single door drinks display fridge, 1 open cool display unit (for fruit and vegetables), 1 open cool display unit (for dairy produce plus juices and soft drinks). Attractive curved cool display unit (for delicatessen), additional cool display serveover counter, soup kettle, panini toaster, 2 microwave ovens, 2 group coffee machine, ice cream deep freeze.

Rear kitchen with extractor unit, 4-burner gas hob, turbo fan convection oven, upright stainless steel larder fridge, upright deep freeze, 2 stainless steel tables.

Fully tiled ladies' cloakroom with w.c. and wash hand basin
Fully tiled gentlemen's cloakroom with w.c. and wash hand basin

Turnover

WE ARE INFORMED the turnover averages £3,400 p.w. in our opinion offering tremendous potential for further increase in the right hands Gross profit we are informed is in the region of 65%.

Staff

The business is at present operated by the vendor with the assistance of his cousin on a full time basis plus 3 full time ladies.

Opening Hours

Monday - Saturday inclusive - 7 a.m. - 5.30 p.m.
Sunday opening - 9 a.m. - 5 p.m.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £900 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£6,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference R7459

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

             

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