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Sandwich Bar and Delicatessen in Hatton Garden For Sale

Sandwich Bar and Delicatessen in Hatton Garden For Sale
Buy a Sandwich Bar and Delicatessen in Hatton Garden For Sale Sell a Sandwich Bar and Delicatessen in Hatton Garden For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, office area, LONDON EC. HATTON GARDEN

Turnover 6,000
Price 75,000

Features

Profitable Sandwich Bar / Delicatessen - A3 Use

Front area with space for 2 tables & 4 chairs

We understand the premises have A3 use

SPACIOUS SINGLE FRONTED SANDWICH BAR. Full Gas Fired Central Heating. Tiled floor, suspended cealing with concealed lighting. Tables & chairs providing seating for 46 persons. 2 cool display serveover counters with refrigerated storage section, cool display salad bar, stainless steel counter, 3 group coffee machine, coffee grinder, 2 double panini toasters, 3 commercial microwave ovens, 6-slice toaster, electric fan assisted oven, electonic cash register, hot display cabinet etc.

Stairs to large basement with tiled floor
Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

SMALL KITCHEN with sink & drainer

Large storage area with 2 chest deep freezers, 1 upright deep freezer, 1 upright glass fronted fridge, 3 additional fridges

Turnover

WE ARE INFORMED the turnover averages in the region of 6,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Please note that only 1 delivery is undertaken per day to a local office which we understand is worth approximately 500 p.w.

Staff

The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 2 full time staff employed.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 5 p.m.
Saturday opening - 7 a.m. - 4 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease, the present lease having 1 year unexpired at a rental of 35,000 p.a. exclusive of rates. We further understand, subject to satisfactory references, the landlord is prepared to grant a new 20 years lease with 5 yearly reviews at rent to be agreed.

Uniform Business Rates: 14,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

OFFERS INVITED FOR THE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of 75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 37,500 (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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