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Advert Details
Sandwich Bar For Sale
(Ref: R9194)
North London, London, United Kingdom
Financials
Asking price: £35,000
Sales revenue: £62,400
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
Sunblind to front forecourt raised area with 3 tables and 6 chairs to
ATTRACTIVE SINGLE FRONTED CAFÉ/SANDWICH BAR. Laminated strip floor, high ceiling. Tables and chairs providing seating for 22 persons. Cool display serveover counter.
Open plan kitchen area. The equipment includes upright glass fronted drinks display fridge, 2 group coffee machine, coffee grinder, stainless steel extractor unit with stainless steel cladding to wall, electric griddle, Lincat double deep fryer, electric oven, 1 microwave oven, 2-pot bain marie, chest deep freeze, double panini toaster.
Rear wash-up area with fridge/deep freeze, sink and drainer etc.
Customer's/disabled cloakroom with w.c. and wash hand basin
Employees: The business is at present staff operated. Staff employed 1 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Trading hours: Monday - Saturday inclusive - 7 a.m. - 5 p.m.
NO SUNDAY TRADING
Property: Leasehold
Lease terms
We understand the premises are held on a secure renewable lease, the present lease having approximately 11½ years unexpired at a rental of £12,250 p.a. exclusive of rates for the next 2½ years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,200 p.a. approx. (after small business relief)
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Location
Occupying an excellent main road trading position, residential and office area with the benefit of a Tube Station being situated approx. 500 metres away, LONDON, N
Expansion potential
WE ARE INFORMED the turnover averages £1,200 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 £35,000 Plus Stock At Valuation
Substantial Loan To An Approved Applicant
Financing available
Substantial Loan To An Approved Applicant.


