Well Equipped Oxfordshire Sandwich Bar And Cafe For Sale

Business description

Electric shutters to ATTRACTIVE SANDWICH BAR/CAFÉ approximately 194 sq. ft. with cool standing chilled Lucozade display fridge, 2 glass fronted display fridges (owned), 2 group coffee machine, coffee grinder, double panini toaster, commercial electric blender, electric fan assisted oven, microwave, chest deep freeze, 4-door stainless steel counter fridge, double sink and drainer, 3 metre menu light box display fitted and electronic programmable department till etc.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 2 years unexpired at £11,500 p.a. plus VAT, exclusive of rates. (We are advised by the present tentants the landlord will consider extending the lease for a further 2 years for an approved candidate at same rent).

Uniform Business Rates: £1,200 p.a. approx. (after small business relief). At present we understand that nil rates are payable for October, 2012.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, excellent trading position, bus stop outside, OXFORDSHIRE

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £1,250 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 INCLUSIVE STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 7 a.m. - 6 p.m.
NO SUNDAY TRADING but in our opinion there is potential for Sunday opening, if desired.

Employees:

The business is at present operated by the vendor on a part time basis with the assistance of 1 full time and 2 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Other information

Financing available:

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