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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 3,784 TIME(S)
BUSINESS REFERENCE : R8941 / RightBiz

WELL FITTED SANDWICH BAR

 

 
SINGLE FRONTED SANDWICH BAR with ceramic tiled floor. The Sandwich Bar we understand was refurbished approx. 3 years ago. 2 cool display serveover counters, 2 open cool display units (for soft drinks), sink and drainer. First floor stockroom with 2 deep freezes Staff cloakroom with w.c. and wash hand basin It will be appreciated upon inspection there is potential to extend to the third floor to provide additional rooms.

BUSINESS LOCATION:

Undisclosed Berkshire UNITED KINGDOM

BUSINESS SECTOR:

Catering

TRADE TYPE:

Sandwich Bars

SALE:

Agent Sale

FREEHOLD:

£270000

LEASEHOLD:

£40000
   
 
   

BUSINESS DETAILS:

Location Situated in an Alleyway of Shops close to multiples, town centre position, BERKSHIREOpening Hours Monday - Saturday inclusive - 11 a.m. - 3 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours.Turnover WE ARE INFORMED the turnover averages 1,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.Tenure The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of 20,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 5,500/6,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 270,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTStaff The business is at present operated under Management with a manager and wife employed. In our opinion with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

R8941 / RightBiz

ENQUIRIES:

 
 
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