Cafe & Sandwich Bar in Chancery Lane For Sale

Situated in a parade, mainly office area, WC LONDON CHANCERY LANE

Turnover £ 3,500
Price £40,000

Features

Well Established Café / Sandwich Bar (we Understand The Premises Have A3 Use)

Front area with space for 3 tables & 6 chairs

CAFÉ/SANDWICH BAR in the region of 820 ft² with 2 windows, tiled floor. 2 tables & 4 chairs. Stairs to basement additional seating area with 5 tables & 20 chairs.

Ground floor, cool display serveover counter, upright glass fronted drinks fridge, 2 group coffee machine, coffee grinder, panini toaster, 1 microwave oven.

KITCHEN with 6-burner gas cooker, fridge, double sink & drainer

Basement in the region of 450 ft² with staff toilet & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages £3,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours.

Staff

At present operated by the vendor with the assistance of his wife plus 2 full time staff.

Trading Hours

Operated Monday - Friday inclusive - 8 a.m. - 4 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY

We are advised the consented opening is 6.30am - midnight, 7 days a week.

Tenure

We understand the premises are held on a secure renewable lease,
until June, 2026 at a rental of £23,500 p.a. exclusive of rates

Uniform Business Rates 2023 : £2,500 p.a. approx. after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote