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Well fitted SANDWICH BAR

Nationwide Businesses Limited are Business Transfer Agents offering Business for sale across the UK. We currently offer catering, hotels, pubs, post office, newsagents, general stores, off licences and many other businesses for sale.  
Business Summary:
Reference : R8103
Categories : Sandwich Shops
Location : Middlesex
Turnover : £ 500 p.w.
Price : £ 38,500 (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, main road trading position, MIDDLESEX (Please register to make appointments and view addresses)

Features

SINGLE FRONTED MEDIUM SIZED SANDWICH BAR with tiled floor. The equipment includes cool display serveover counter, 2 group coffee machine, panini toaster. Tables and chairs for 30 persons.

Level kitchen with electric cooker, 2-burner electric hob, 1 large fridge.

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

Turnover

WE ARE INFORMED the turnover is currently in the region of £500 p.w. in our opinion offering tremendous potential for further development in the right hands.

Staff

The business is at present operated by the owners with the assistance of 1 full time staff.

Opening Hours

11 a.m. - 9 p.m. 5 days per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease for a period of 25 years from June, 2007 at a rental of £18,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Alternatively the vendors are prepared to consider granting an Underlease for a period of 5 years at a rental of £17,680 p.a. We understand that a 6 months rent deposit would be required.
Uniform Business Rates: £4,000 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £38,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference : R8103

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