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Reference R9052

Sandwich Bar in Surrey For Sale

Sandwich Bar in Surrey For Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential area, SURREY

Turnover 2,500
Price 75,000

Features

Well Established Sandwich Shop

We understand the premises have A1 use

The Sandwich Shop is situated in an expanding area, residential including flats, offices & student apartments & we understand that a school is shortly to be built opposite.

Forecourt with space for 4 tables & 2 chairs

ATTRACTIVE SANDWICH SHOP with new tiled wood effect floor. Well equipped including counter, electronic cash register, cool display serveover counter, 2 group coffee machine, coffee grinder, hot display cabinet, menu blackboards, stainless steel open cool display unit (used for soft drinks, juices etc), 3-door stainless steel counter fridge with refrigerated topping section, double panini toaster, 2 single door stainless steel fridges, 1 double door stainless steel fridge, 1 chest deep freezer, sink & drainer, dishwasher, 2 fan assisted ovens, microwave oven etc.

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages in the region of 2,500 p.w. including a small amount of outside catering i.e. platters for local corporate clients. We are further advised that the sales year ending 31st March, 2019 showed 114,007 with a gross profit of 72,110.

Staff

The business is at present operated by the vendor with 1 staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 3 p.m.
It will be appreciated upon inspection there is potential for longer opening hours & indeed Saturday opening, if desired.

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in 2027 at a rental of 12,500 p.a. exclusive of rates up to 2022 with rent to be agreed thereafter.

Uniform Business Rates: 2,190 p.a.

EPC E (118)

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR APPROXIMATELY 6 YEARS

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 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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