Attractive Well Fitted Sandwich Bar For Sale

Business description

We understand the Sandwich Bar was established approximately 20 years ago and we further understand has only had 2 owners in the last 20 years

Pavement area with 3 tables and 8 chairs (can be increased), licence fee payable for the front area.

ATTRACTIVE SINGLE FRONTED SANDWICH BAR with quarry tiled floor, fluorescent lighting and well equipped including cool display serveover counter with refrigerated storage section, automatic coffee machine, cookies oven (on loan), upright single door small glass fronted drinks fridge, jacket potato oven, wash hand basin.

REAR KITCHEN with quarry tiled floor, 3 microwave ovens, 4 small upright deep freezes, upright glass fronted fridge, 1 small fridge, double sink and drainer, panini toaster etc.

Small store area
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 expiring in December, 2013 at a current rental of £7,000 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: £1,000 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent main road trading position, MIDDLESEX

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £1,700 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of possibly a sandwich round and indeed with Saturday opening. Gross profit 65% approx. We are further advised that sales year ending 31st December, 2010 showed £82,103 with a gross profit of £52,346.

Reasons for selling:

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

Trading hours:

Monday - Friday inclusive - 8 a.m. - 3.30 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY

Employees:

The business is at present operated by a husband and wife team with the assistance of 2 part time staff.

Other information

Financing available:

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