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Reference R9005

Cafe & Sandwich Bar in Central London For Sale

Register to see map and to make an appointment Situated in a parade, mainly office area, WC LONDON

Turnover £ 3,500
Price £130,000

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 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 staff toilet & wash hand basin

Turnover

WE ARE INFORMED the turnover 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 - 7 p.m. - 3 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £23,500 p.a. exclusive of rates for the next 2 years with rent to be agreed thereafter.

Uniform Business Rates: £7,320 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (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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