• Listing ID: 666033
  • (Seller ref: 1017)

Reduced London Bridge Cafe Sandwich Bar For Sale


Price Reduced

Location:
Category:
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Type:

Listed by:


Asking price:
£54,993 (Furniture / Fixtures included)
Sales revenue:
£104,000
Cash flow:
0 - £100k
Years established:
28
Employees:
3

1/1


LOCATION: Well positioned on busy main road in very popular, sought after locality, close to tube station, multiples, bus routes and bus stops.

DESCRIPTION: Mid parade premises has approx 13’ 6” wide frontage, secured by roller shutters. Internally the 560 sq. ft. lock-up premise comprises an attractively fitted 25-seater café/sandwich bar, incorporating a spacious behind counter working area.
A doorway at the rear leads through to a fully equipped and tiled kitchen, with a separate shelved storage room, washroom and toilet.

EQUIPMENT: The business has an excellent range of equipment, including; 7’ long refrigerated display counter, six burner cooker, double chip fryer, Griddle, Grill, Slicer, 3 Microwave Ovens. Baked Potato Oven, Panini Toaster, 6 Slice Toaster, Espresso/Cappuccino Coffee Machine & Coffee Grinder, Various Fridges/Freezers, Electronic Cash Register, etc.

BUSINESS: This 5 day week café/sandwich bar near London Bridge SE1 is an excellent business opportunity for an enthusiastic hands-on owner. Our Client informs us that the accounts show average takings in the region of £2,000 p.w.
The business is very well equipped and has the scope for a significant increase in takings by opening on Saturdays

HOURS: Mon – Fri 6.00 a.m. to 16.30 p.m.

ACCOMM: There is no residential accommodation.

TENURE: Lease commenced in June 2002 for a term of 15 years and the current rent is £12,500 per annum with reviews every 5 years.

RATES: Business rates payable are approx £2,300 p.a.


Property:
Leasehold
Lease terms:
Lease commenced in June 2002 for a term of 15 years and the current rent is £12,500 per annum with reviews every 5 years.
Leasehold rent:
£12,500 per annum
Living accommodation:
There is no residential accommodation.
Location:
SE1: Well positioned on busy main road in very popular, sought after locality, close to tube station, multiples, bus routes and bus stops.

Expansion potential:
The business is very well equipped and has the scope for a significant increase in takings by opening on Saturdays.
Support & training:
Full handover support and training included in asking price.
Reasons for selling:
Change of career
Trading hours:
Mon – Fri 6.00 a.m. to 16.30 p.m.
Related documents:

For more information about this business for sale, click the Contact Seller button.


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