York City Centre Sandwich Bar For Sale With Some Indoor Seating | | York North Yorkshire | | In terms of location and profile, sandwich bars do not come much better than this !! Located directly opposite Yorks Central Library and enjoying the benefit of high visibility and a substantial and constant pedestrian flow past the frontage. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59287
ADVERT IMPRESSIONS : 13,572 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Sandwich Bars | | SALE: | Agent Sale | ASKING PRICE: | £39,950 | ANNUAL RENT: | £17200 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | In terms of location and profile, sandwich bars do not come much better than this !! The business is located directly opposite Yorks Central Library and enjoys the benefit of high visibility and a substantial and constant pedestrian flow past the frontage. The business is well established and the premises are spacious and comprehensively appointed for ease of operation. Our clients have recently completed a redecoration programme and have fitted a new ceiling therefore the premises are in a superb state of presentation.
ACCOMMODATION (Total Floor Area approx 63.4 sq.m)
Front Sales area, having glazed frontage and being comprehensively equipped including large glass fronted refrigerated display unit, 2 cold drinks cabinets, La Spanziale coffee machine, coffee grinder, Hendi double Panini grill, Lincat grill, electronic cash register, Ice cream fridge, 4 tables each with 3 chairs plus a front bar with 3 stools.
Rear preparation area, being fully fitted with mostly stainless steel catering equipment including extraction canopy, double bowl sink unit, chest freezer, 2 tall fridges, griddle, bain marie, Bosch dishwasher, microwave oven .etc etc..
Lobby with wash basin and wc.
LEASE
The property is held on a lease dated 3/2/2000 for a term of 15 years with 5 yearly tenants break clauses at a rent of £17,200pa.+VAT. There is small service charge ( Approx £850 pa + VAT ) which covers matters such as buildings insurance, external repairs etc. Please note that we have not had sight of the lease at the time of preparing these particulars therefore this information requires confirmation. Our clients currently rent a parking space to the rear at a rent of £250 per quarter. This can be continued if required.
RATES
The property has a RV of £19,500. Rates payable for 2012/2013 are understood to be £8931.
BUSINESS
Accounts for Year ended 31st March 2011 show takings of £129,762 and a Gross profit of £81,928. The adjusted net profit, excluding any wage costs, loan interest or depreciation, was £47,812. Takings for the previous year were £127,964 therefore it can be seen that this is a growing and successful business. Had it not been for the very poor winter, year end takings would have been considerably more.
Opening hours are, Mon – Fri 7.00am to 3.00pm, Sat 9.00am to 3.00pm.
It is felt there is great potential here to extend opening hours, including Sundays and possibly introduce outside catering.
PRICE
Only £39,950 + SAV due to a change in our clients personal circumstances which necessitates a quick sale.
COSTS
The purchaser will be responsible for a contribution of £495 + VAT towards the vendors legal costs involved in the transaction.
| | | | | | FOR SALE | | | | | REFERENCE: | C 690 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
