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Reference R8677

Sandwich Bar in South London For Sale

Sandwich Bar in South London For Sale
Sandwich Bar in South London For Sale Buy a Sandwich Bar in South London For Sale Sell a Sandwich Bar in South London For Sale

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

Turnover 2,500
Price 69,000

Features

Well Fitted Sandwich Bar

SPACIOUS SINGLE FRONTED SANDWICH BAR. Front area with ceramic tiled floor, suspended ceiling, concealed lighting.

Open staircase to mezzanine floor with laminated strip floor. Tables and chairs providing seating for 26 persons. Upright double door drinks display fridge, 2 open cool display units (1 used for sandwiches whilst the other is used for salads), 3 fridges, soup kettle, panini toaster, 3 microwave ovens, 2 group coffee machine.

REAR KITCHEN with extractor unit, 4-burner gas hob, electric oven, upright stainless steel larder fridge, upright deep freezer, 2 stainless steel tables.

Fully tiled ladies' cloakroom with w.c. & wash hand basin
Fully tiled gentlemen's cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of 2,500/3,000 p.w. in our opinion offer tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 65%.

Staff

The business is at present operated by the vendor with the assistance of 2 full time staff.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 4 p.m.
Saturday opening - 9 a.m. - 2 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a new 20 years lease at a rental of 16,500 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS 69,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 34,500 (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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