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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 4,703 TIME(S)
BUSINESS REFERENCE : R8916 / RightBiz

WELL FITTED CAFÉ/SANDWICH BAR

 

 
SINGLE FRONTED CAFÉ/SANDWICH BAR recently refurbished, ceramic tiled floor. Tables and chairs providing seating for 16 persons. Cool display serveover counter, open cool display unit (used for soft drinks, sandwiches etc), hot display cabinet, upright single door drinks display fridge. Level kitchen with non-slip floor, electric hotplate, microwave oven, grill, combination oven, 1 fridge, sink and drainer, wash hand basin etc. Storeroom with 1 fridge, 2 chest deep freezes, 1 upright deep freeze Customer's cloakroom with w.c. and wash hand hasin

BUSINESS LOCATION:

Undisclosed West Midlands UNITED KINGDOM

BUSINESS SECTOR:

Catering

TRADE TYPE:

Cafes

SALE:

Agent Sale

LEASEHOLD:

£75000
   
 
   

BUSINESS DETAILS:

Location Situated in a parade, densely populated residential/commercial area, BIRMINGHAMOpening Hours Monday - Saturday inclusive - 8 a.m. - 4.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is terrific potential for additional opening hours.Turnover WE ARE INFORMED the turnover averages 3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a rental of 20,000 p.a. exclusive of rates, fixed for the remainder of the terms.

Uniform Business Rates: 5,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED FLAT over, recently refurbished and with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy and provides a rental income of 500 per month, however, we understand that vacant possesion can be given on completion, if required. The accommodation comprises:

1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Fully fitted kitchenOutside Yard at rear with parking space for 1 car.Staff The business is at present operated by the vendor with the assistance of 1 full time and 1 part time.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

R8916 / RightBiz

ENQUIRIES:

 
 
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