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Superior COFFEE SHOP/SANDWICH BAR

 
Business Summary:
Reference : R9140
Categories : Sandwich Shops
Coffee Shops
Cafes
Location : Central London
Turnover : £ 2,200 p.w.
Price : £ 80,000 (Leasehold)

No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Location

Situated in a parade, excellent main road trading position, LONDON (Please register to make appointments and view addresses)

Features

SINGLE FRONTED COFFEE SHOP/SANDWICH BAR, tiled floor, all well fitted including tables and chairs providing seating for 14 persons. 3 open stainless steel cool display units, 2 blenders, 2 group coffee machine (on rental), cake cool display unit, 2 computerised tills with back-up computer, 1 microwave oven, ice machine, small fridge, 3 small deep freezes etc.

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

Turnover

WE ARE INFORMED the turnover averages £2,000/£2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

Staff

The business is at present staff operated. Staff employed 1 full time plus 3 part time staff. It will be appreciated upon that with an active husband and wife team, the wage bill could be reduced.

Opening Hours

Monday - Friday inclusive - 8 a.m. - 7 p.m.
Saturday & Sunday opening - 10 a.m. - 5 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having 8 years unexpired from December, 2008 at a rental of £28,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £6,200 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference : R9140

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