Lock Up Sandwich Bar In South West London For Sale Undisclosed, London, United Kingdom Advert ref: SB444CG Business description
The shop is a well-presented lock up sandwich bar, which consists of a customer area, servery and small rear area with sink unit and staff wc. The business is very clean and has been well looked after, with the current owner making good use of the available area. The shop currently sells a wide range of sandwiches, rolls, and hot and cold drinks. There is a great deal of scope for expansion of the limited local delivery service, catering to the large numbers of businesses and offices in the town centre. Above the shop is a room currently utilised as a storage area.
We are informed that current takings are in the range of £800-£1,000 per week and the vendor is not registered for VAT. Serious potential purchasers will be given the opportunity to verify the takings after a formal viewing of the business. The business operates 5 days a week on easy hours (7.00am to 3.00pm Monday to Friday) and has considerable scope to increase turnover and extend trading hours. Being in such a busy area, earlier and later opening for the commuter trade may well be advantageous as well as weekend opening for shoppers.
Trading hours: 7am to 3pm 5 days a week
Property: Leasehold
Lease terms
The property is held on a 12 year renewable lease which was established in December 2000. The current rent is £6,000 per year and the rent reviews are every 4 years.
Location
Occupying an excellent trading position in a parade position alongside a busy main road close to the town centre and mainline railway line, this well presented sandwich bar is well placed to capitalise on the great deal of local residents, commuters, local workers and passers by.
Expansion potential
As there are no immediate residential neighbours it may be possible to acquire A3 or A5 planning classification to allow the sale of hot food for takeaway or delivery subject to landlord and council consent.
Reasons for selling
Retirement
Financing available
Contact for details
Related documents
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| | Financial details Asking price: £25,000
Sales revenue: £50,000
Net profit: < £100k
Furniture / Fixtures value: £8,000
Inventory / Stock value: Undisclosed Photos 
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