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Reference R7739

Sandwich Bar in South London For Sale

Sandwich Bar in South London For Sale
Sandwich Bar in South London For Sale Buy a Sandwich Bar in South London For Sale Sell a Sandwich Bar in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, office & commercial area, SW LONDON

Turnover 3,500
Price 135,000

Features

Profitable Sandwich Shop with A1 Use (catering For Sandwiches, Baguettes, Paninis, Jacket Potatoes, Teas & Coffees)

SPACIOUS SINGLE FRONTED PREMISES with double door entrance. Total area in the region of 1,000 sq. ft. including preparation area. Tiled floor, ceiling with hanging lighting. Counter, electronic cash register. Breakfast bar with 4 high chairs. 2-3m cool display units, hot display cabinet (not utilized at present), jacket potato oven, 1 panini toaster, 2 group coffee machine & coffee grinder (both on rental agreement).

REAR PREPARATION AREA with electric fan assisted oven, 4 stainless steel tables, gravity feed slicer, upright stainless steel single door fridge, upright double door stainless steel fridge etc.

Staff cloakroom with w.c. & wash hand basin

Large basement suitable for storage purposes.

Turnover

WE ARE INFORMED the turnover averages 3,500/4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx. In our opinion there is terrific potential to introduce deliveries, if desired.

Staff

The business is at present operated by a husband & wife team & no staff are employed.

Trading Hours

Operated on a 5 day week basis Monday - Friday inclusive - 7 a.m. - 4 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in August, 2025 at a rental of 34,000 p.a. exclusive of rates up to August, 2021 with rent to be agreed thereafter.

Uniform Business Rates: 1,298.50 p.a.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 135,000 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 67,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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