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Popular Sandwich Bar In Fulham

Fulham, London
Leasehold Price:
£74,995
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
193181
Reference
5631 / Rightbiz

Details

    Currently Closed Weekends

    Low Rent & No Rates

    Annual Turnover £156,000

    Gross Profit £81,900

    Refurbished In December 2017

    Bus Stop Directly Outside / 0.2 Miles To Underground

    Loyal Customer Base

    EPC - C

Description:
REF 5631 – Leasehold Sandwich Bar Blacks Business Brokers are proud to bring to the market this leasehold sandwich bar, located in the much sought after area of Fulham, southwest London.

INTRODUCTION
Aromma has been trading since 2011 here on New Kings Road in Fulham, with our client in ownership since 2013. The business has firmly established itself within the local community, gaining a large and loyal customer base. This superb trading position also brings continual, passing trade from city workers and tourists.

LOCATION
Fulham is an Inner London district close to Charing Cross. New Kings Road, Fulham is close to Putney Bridge and Chelsea, Putney Bridge Tube Station, Fulham Place and Bishops Park. The area is well used by local residents, commuters, city workers and tourists. Some roadside parking available, with most travel in the area being by train or on foot.

REASON FOR SALE
Aromma is only being offered for sale as our client has other business commitments.

LEASE
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 10 years with rent reviews every 3 years. The current lease runs at a very competitive cost of £213 per week. Arromma is also licensed to trade from 7am til 11pm and evening trade is something that could really see the takings rise extremely quickly.

BUILDING LAYOUT AND DESIGN
Aromma is housed within the ground floor of a large four storey building also used for office lets and residential apartments. This busy parade of shops is also home to other businesses and shops such as newsagents and barbers with little local competition. The business is well presented and well branded, with clear signage on display and a canopy sheltering four outdoor seats. Inside, there are a further four seats available. The retail area is well stocked and nicely presented with servery counter behind a display fridge and an open plan preparation area on view. The storeroom, additional kitchen space and toilet are all housed within the lower ground floor of the building.

STAFF
Aromma is currently operating with three part time members of staff in addition to our client.

FINANCIAL DETAILS
Financial details are available upon a viewing of the business which has traded solidly over its trading history. The business generates a annual turnover of £156,000 with strong gross profits of £81,900. Many customers are from the local area as one would expect, with plenty of additional trade from passers-by.

SUMMARY
This leasehold business is well established and boasts a large and loyal customer base along with a superb reputation. The business has a good, 4* hygiene rating and long trading history with scope to expand into deliveries, online orders and partnerships with websites such as JustEat and HungryHouse. Early viewings are strongly advised.

Fixtures & Fittings:
Drinks Chiller
Chiller Display Counter
Baking Stone Oven
Griddle
Coffee Machine
Panini Toaster
4 Microwaves
Air Conditioning
Electric Cooker with Oven
Large Fridge
Smaller Fridge
Large Deep Chest Freezer
Large Upright Freezer
Stainless Steel Prep Units


Opening Hours:
MON - FRI: 07:00 - 16:00SAT & SUN: CLOSED


Weekly Rent:
£213 Per Week. Weekly Rent:
£213 Per Week.
Seller Details
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Listing Details
Leasehold Price: £74,995
Tenure: Leasehold
Location: Fulham, London
Sector: Sandwich Shops
Financials
Annual Turnover: £156,000
Energy Performance Certificate (EPC)
Location Statistics
What's nearbyi:
Royal Mail Post Box (approx. 0 mile)
THE SEWING STUDIO (approx. 0 mile)
Dr Hussain (approx. 0 mile)
Caesars Camp (approx. 0 mile)
Mil Kitchen (approx. 0 mile)
Rockfish Creative (approx. 0.5 mile)
GO Mammoth (approx. 0.5 mile)
The Fulham Mitre (approx. 0.5 mile)
Smart Telco (approx. 0.5 mile)
DU.IT Buiding & Handyman Services (approx. 0.5 mile)
Listing Statistics
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