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Reference R8952

Sandwich Bar in Buckinghamshire For Sale

Sandwich Bar in Buckinghamshire For Sale
Sandwich Bar in Buckinghamshire For Sale Buy a Sandwich Bar in Buckinghamshire For Sale Sell a Sandwich Bar in Buckinghamshire For Sale Sandwich Bar in Buckinghamshire For Sale for Sale

Register to see map and to make an appointment Busy road, residential area sought after BUCKINGHAMSHIRE locality close to the BERKSHIRE BORDERS

Turnover 2,000
Price 42,500

Features

Well Established Sandwich Bar

NO PARKING PROBLEMS

We understand the premises have combined A1, A3 & A5 use

Canopy with 2 tables & 6 chairs (summer months)

BOW WINDOWED SANDWICH BAR with non-slip floor. Breakfast bar with seating plus 3 tables providing a total seating for 10 persons. Cool display counter, coffee machine, panini toaster, 1 hot cabinet, additional display cabinet, upright double door glass fronted fridge (on loan from Coca Cola).

PREPARATION AREA with chest deep freezer, 2 fridges.

REAR KITCHEN with stainless steel extractor, gas griddle, deep fryer

Turnover

WE ARE INFORMED the turnover averages 2,000 p.w. in our opinion offering tremendous potential for further development in the right hands. We are further advised that the takings year ending 31st March, 2019 showed 103,765 plus rental income from the accommodation of 10,200 making a total of 113,965.94 with a gross profit of 64,403.38.

Staff

Operated mainly by staff at present with 2 full time staff employed.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 3 p.m.
NO SUNDAY TRADING
In our opinion there is potential for additional opening hours

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy & provides a rental income of 850 per month. The FLAT comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Small yard

Tenure

We understand the entire premises are held on a secure renewable lease from a private landlord, the present lease expiring on the 23rd March, 2021 at a rental of 15,000 p.a. exclusive of rates, fixed for the remainder of the term. (As will be appreciated with the current rental of 10,200 from the accommodtion, the net rental payable at the present time is only 4,800 p.a. exclusive of rates).

Uniform Business Rates: Nil payable at present after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 42,500 plus STOCK AT VALUATION

Finance

Subject to status, you maybe able to borrow up to 21,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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