A3 Cafe & Sandwich Bar In Excellent Town Centre Position For Sale

Business description

CAFE/SANDWICH BAR WITH A3 USE – NORTH LONDON/HERTS BORDER.

LOCATION: Occupies an excellent town centre position in good class, sought after locality. Several bus routes pass and there is a stop just a few yards away.

DESCRIPTION:Superb mid-terrace premises has approximately 24’-0” wide frontage secured by electrically operated security roller shutters. Internally the 530 sq ft lock-up premises is in immaculate order throughout and comprises a beautifully fitted 30/40 seater cafe/sandwich bar which is air-conditioned and has lovely laminated wood flooring, plus a high ceiling with recessed spotlights. Alongside sales counter is a well fitted kitchen which has ceramic tiled flooring and stainless steel wall cladding, and at rear of seating area are first class ladies/gents toilet facilities.

EQUIPMENT:The business has an extensive range of good quality trade equipment which is too numerous to list at this stage but a full inventory will be available for purchaser.

BUSINESS:In same hands since 1998 and is only for sale as the owner is going abroad. We are informed is taking £4,000 per week. In addition, there is a separate rear area which is let on a 15 years sub-lease and yields a rent of £16,500 per annum.

HOURS:Mon-Sat 8.00 am to 5.30 pm; Sun 10.00 am to 4.00 pm.

ACCOMM:There is no residential accommodation.

TENURE:Lease commenced in April 2004 for a term of 25 years and the current rent is £33,000 per annum with reviews every 5 years.

RATES:Business rates payable are approx £5,800 per annum.

Property information

Property:

Leasehold

Lease terms:

Lease commenced in April 2004 for a term of 25 years and the current rent is £33,000 per annum with reviews every 5 years.

Location:

Occupies an excellent town centre position in good class, sought after locality. Several bus routes pass and there is a stop just a few yards away.

Other information

Support & training:

Full support and training included

Reasons for selling:

Going Abroad.

Trading hours:

Mon-Sat 8.00 am to 5.30 pm; Sun 10.00 am to 4.00 pm.

Financing available:

Finance provided for the right purchaser

Contact the seller