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Reference R7775

Cafe Sandwich Bar in Holborn For Sale

Cafe Sandwich Bar in Holborn For Sale
Buy a Cafe Sandwich Bar in Holborn For Sale Sell a Cafe Sandwich Bar in Holborn For Sale

Register to see map and to make an appointment Occupying a corner position, end of parade, main road trading position, office area, WC LONDON HOLBORN

Turnover £ 5,500
Price £149,500

Features

Spacious A3 Café Plus Sandwich Bar

Front area with space for 5 tables & 10 chairs to -

SPACIOUS PREMISES, ceiling with concealed lighting. 2 air conditioning / heating units. Front section with tiled floor. Rear section with laminated strip floor. Tables & chairs plus upholstered bench seating for 50 persons. Cool display serveover counter with refrigerated storage section, 1 salad display bar, 2 commercial microwave ovens, hotplate, jacket potato oven, 2 contact grills, single group coffee machine, coffee grinder, smoothie machine, blender, electric oven, open cool display fridge, orange juice machine.

Stairs to basement

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

LARGE KITCHEN with non-slip floor, tiled walls, electric oven, deep fryer, 2 deep freezers, double sink & drainer, dishwasher, wash hand basin, grill, washing machine etc.

Turnover

WE ARE INFORMED the turnover averages £5,500 p.w. including the turnover from 2 schools canteen nearby operated Monday - Friday inclusive - 9 a.m. - 3 p.m.

Staff

The business is at present operated by the vendor with the assistance of 4 staff.

Trading Hours

The Café/Sandwich Bar is open Monday - Friday inclusive - 6.30 a.m. - 9 p.m.
Saturday & Sunday - 6.30 a.m. - 6.30 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a current rental of £25,000 p.a. exclusive of rates with rent reviews every 5 years. (We understand from the present tenant that the rent has not been increased for a considerable time).

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 17 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £149,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 74,750 (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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