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Reference R9586

Fantastic Milkshake & Burger Bar in Slough For Sale

Fantastic Milkshake & Burger Bar in Slough For Sale
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Register to see map and to make an appointment Situated in a fantastic trading position, inside one of Europe's largest & busiest supermarkets, BERKSHIRE. Other tenants include Krispy Kreme Donuts, Holland & Barret, Beauty Supplies Store, Jewellers. SLOUGH

Price 64,600

Features

Superior Milkshake Bar, Burgers, Panini's, Coffees (a1 Use) Inside Tesco Extra Supermarket (takeaway Only At Present)

AMPLE CUSTOMERS' PARKING

We are advised prior to Covid-19 footfall was in the region of 10,000 per day! This store is located inside one of Europe's biggest supermarkets.

Located on the ground floor. 4 tables & 12 chairs (prior to Covid-19). Fitted to a very high standard. The equipment includes 1 coffee machine, 2 fridge counters (1 counter fridge, 1 preparation fridge), freezer, a double sink & a grease trap as well as 3 TV menu screens, 1 dishwasher.

Preparation area at rear of store

High demand for these units. The landlord would not allow tenants to trade in competition. Can develop with additional lines, cakes, desserts, pastires, ice cream. Unrestricted trading hours.

Turnover

WE UNDERSTAND the owner enjoys a good turnover, accounts will be available upon receiving an offer. Pre-covid sales 2,300 p.w. & post covid sales 1,700 p.w.

Staff

At present staff operated. 1 full time plus 2/3 part time staff employed.

Trading Hours

Supermarket pre Covid-19 is open for 24 hours. The store currently trades 12 - 9 p.m. A new owner can expand opening hours if they wish to.

Tenure

We understand the premises are held on a 5 years lease at a current rental of 14,400 p.a. (including VAT). In addition there is a service charge of approximately 350 per quarter. We further understand there is a break clause after 2 years.

Uniform Business Rates Nil payable at present & the new owners should qualify for small business rate relief

Price

TO INCLUDE THE LEASE, FIXTURES & FITTINGS 64,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 32,300 (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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