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Well Fitted Sandwich Bar and Cafe in Central London For Sale

Well Fitted Sandwich Bar and Cafe in Central London For Sale
Well Fitted Sandwich Bar and Cafe in Central London For Sale Buy a Well Fitted Sandwich Bar and Cafe in Central London For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, office & tourist area, CITY OF LONDON

Turnover 2,500
Price 70,000

Features

Well Fitted Sandwich Bar / Cafe with A3 Use

5 STAR HYGIENE RATING

5 DAYS OPENING

PAVEMENT SEATING FOR 6 PERSONS

DOUBLE FRONTED PREMISES. Tled floor, suspended ceiling with spotlights & hanging lighting. Cool display counter with refrigerated storage section, cash register, chalk menu board, 2 microwave ovens, toaster, double panini machine, 3-group coffee machine, open drinks display fridge, 4-pot bain marie. CCTV system (4 cameras, 1 monitor)

KITCHEN. Stainless steel extractor unit, oven, 2 burner gas hob, fridge, meat slicer, microwave.

First Floor room used for storage

Staff toilet with w.c. and wash hand basin

Basement (not currently used).

Turnover

WE ARE INFORMED by the owner the turnover currently averages 2,500/ 3,000 p.w. with a gross profit of 65% approx. (NO DELIVERIES)

Staff

The business is at present operated by 2 staff.

Trading Hours

5 Day week
MONDAY - FRIDAY 7 a.m - 3 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a Council lease until 2025 at a current rent of 21,500 p.a.

Business Rates from April 2022 8,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS 70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 35,000 (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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