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Well Fitted Coffee Shop & Sandwich Bar

Undisclosed Buckinghamshire
Situated in a parade, excellent trading position wealthy SOUTH BUCKINGHAMSHIRE TOWN

ADVERT NUMBER : 39782
ADVERT IMPRESSIONS : 52,094 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Sandwich Bars
SALE: Agent Sale

LEASEHOLD:

£99500
 

BUSINESS DETAILS:

Features : ATTRACTIVE DOUBLE FRONTED COFFEE SHOP/SANDWICH BAR with laminated strip floor, ceiling with inset lighting. Quality tables and chairs providing seating for 20 persons. Attractive cool display serveover counter with refrigerated storage section, additional display counter, electronic cash register, 2 group coffee machine plus coffee grinder (both on rental agreement, to be taken over), soup kettle, panini toaster.Stairs to basement providing staff rest roomStaff cloakroomIt will be appreciated upon inspection that the basement area could be converted to provide a preparation area, if desired.Location : Situated in a parade, excellent trading position wealthy SOUTH BUCKINGHAMSHIRE TOWNOpening Hours : Monday - Friday inclusive - 8 a.m. - 5 p.m.Saturday opening - 8.30 a.m. - 5.30 p.m.Sunday opening - 10 a.m. - 5 p.m.Turnover : This attractive Coffee Shop/Sandwich Bar was opened in September, 2009 and we are advised that the turnover up to the 31st December, 2009 showed an average in the region of £3,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 70% approx.Tenure : We understand the premises are held on a secure renewable lease from a private landlord for a period of 10 years from August, 2009 at a rental for the first year of £27,500 p.a. exclusive of rates, increasing each year for the first 5 years by £1,000 p.a. We further understand that there is a Break Clause after the first 5 years on the tenant's side only.Uniform Business Rates: £11,000 p.a. approx. + water ratesOUTSTANDING OPPORTUNITY TO ACQUIRE A WELL EQUIPPED COFFEE SHOP/SANDWICH BAR IN THIS EXCELLENT TRADING POSITION. IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURS & FITTINGS £99,500 plus STOCK AT VALUATIONSUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff : The business is at present operated by the vendor with the assistance of 2 full time and 2 part time staff. Wages paid in the region of £590 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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