Buy a Sandwich Bar
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Reference : R8616

Occupying an excellent trading position, expanding office area, LONDON W (Please register to make appointments and view addresses)

WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outstanding opportunity to acquire a well fitted SANDWICH BAR established by the present owner in 1995, in our opinion the business offers tremendous potential for further development. We are further advised that a large office building close by is shortly to be occupied by approx. 600 persons providing tremendous potential for increase in the business in the right hands.

The SANDWICH BAR occupies a prominent corner position. Front area with space for 5 tables and 15 chairs.

Ground floor industrial non-slip floor. 3 tables plus 6 chairs. Cool display serveover counter, 2 computerised electronic cash register, panini toaster, grill, 3 commercial microwave ovens, 2 group coffee machine, juice machine, open cool display unit (for soft drinks), 4-pot bain marie, sink and double drainer. CCTV system with 4 cameras and monitor plus recording etc.

Customer's cloakroom with w.c. and wash hand basin

Stairs to basement kitchen with industrial non-slip floor. The equipment includes 6-burner gas cooker, convection oven, small deep fryer, 1 chest deep freeze, 1 upright deep freeze, 2 fridges, 3 stainless steel tables, double sink, wash hand basin etc.

Office
Staff cloakroom with w.c. and wash hand basin

The Sandwich Bar is at present operated by the vendor's son with the assistance of 3 full time staff.
It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Monday - Friday inclusive - 7 a.m. - 6 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
In our opinion there is potential for Saturday opening, if desired

We understand the premises are held on a secure renewable lease for a period of 20 years from 1995 at a rental of £20,000 p.a. exclusive of rates up to December, 2011, with rent review at that time and thereafter every 4 years. In addition we understand there is a service charge currently of £7,000 p.a.

Uniform Business Rates: £5,440 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

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