Attractive Olde Worlde Sandwich Bar In West Midlands For Sale

Business description

Small front area with space for 2 tables and 4 chairs

DOUBLE FRONTED MEDIUM SIZED SANDWICH BAR with attractive stone floor. The equipment includes cool display serveover counter, panini toaster, hot pie display cabinet, automatic coffee machine.

KITCHEN with 4-burner cooker, jacket potato oven, microwave oven, sink and drainer

Stockroom
Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 5 years unexpired at a current rental of £12,552 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter.

Uniform Business Rates: £1,000 p.a.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, close to High Street, University & Cathedral, City Centre, WEST MIDLANDS

Business Operation

Expansion potential:

WE UNDERSTAND the present vendor enjoys a good turnover, full details of which will be discussed upon inspection and in our opinion the business offers terrific potential for increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 or near offer plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 8 a.m. - 5 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY

Employees:

At present operated by a lady vendor with the assistance of a relative on a full time basis

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance