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Sandwich Bar / Retail Bakery The Sandwich Bar Caters For Filled Rolls, Sandwiches, Baguettes, Sausage Rolls, Pies Etc For Sale

Undisclosed London
Situated in a parade, excellent main road trading position, sought after residential area, LONDON, SW
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71897
ADVERT IMPRESSIONS : 16,375 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Bakers
SALE: Agent Sale

LEASEHOLD:

£99000
 

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BUSINESS DETAILS:

Features : Service road in front of parade with ample customer's car parking (part of which we understand is restricted to 1 hour during the day).

SPACIOUS PREMISES with modern shop front, tiled floor. Cool display serveover counter, hot display counter, hotwater boiler, computerised till, 1 stainless steel open cool display unit (for soft drinks), 1 double door glass fronted drinks display fridge, 2 bread slicers, microwave oven, Walkers crisp stand, 2 group coffee machine, panini toaster, soup kettle.

Rear section with 2 bake-off ovens, electric hob, 3 chest deep freezes, 2 double sinks, 2 stainless steel fridges etc.

Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, excellent main road trading position, sought after residential area, LONDON, SW

Opening Hours : Monday - Saturday inclusive - 7 a.m. - 3 p.m.
NO SUNDAY TRADING

Turnover : WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.

Tenure : We understand the premises are held on a secure renewable full repairing and insuring lease having approximately 14 years unexpired at a current rental of £25,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £2,000 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Yard at rear

Staff : The business is at present operated by the vendor on a part time basis with the assistance of 1 full time manager plus 3 full time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

REFERENCE:

R3165 / RightBiz
   
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