Profitable Coffee Shop Sandwich Bar For Sale

Business description

Full A3 use.

Front forecourt area with space for tables and chairs up to 30 persons to -

Attractive double fronted Coffee Shop/Sandwich Bar. Air Conditioned. Ceramic tiled floor. Tables and chairs providing seating for 40/45 persons. Stainless steel cool display unit for soft drinks and sandwiches, 1 additional open stainless steel cool display unit (for soft drinks), cold salad bar, cool display serveover counter with refrigerated storage section, cool display serveover counter (for cakes etc), 3 door stainless steel counter fridge with refrigerated section, panini toaster, grill, microwave oven, large 3 group coffee machine.

Washing up section with dishwasher, turbo fan convection oven, microwave oven, electric oven, jacket potato warming cabinet, fridge, chest deep freeze, gravity slicer etc.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease expiring in 2013 at a current rental of £33,000 p.a. exclusive of rates. We further understand that the landlord will consider a surrender of the existing lease and subject to satisfactory references grant a new 15 years full repairing and insuring lease at a rental of £33,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £10,700 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent trading position, SURREY

Business Operation

Expansion potential:

WE ARE INFORMED the turnover aveages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.

Reasons for selling:

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 7 a.m. - 5 p.m.
Sunday opening - 9 a.m. - 4 p.m.

It will be appreciated upon inspection that there is terrific potential for additional opening hours

Employees:

The business is at present operated by the vendor with the assistance of 4 full time staff plus 1 part time staff at weekends

Other information

Financing available:

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