Five Day Week City EC2 Cafe Sandwich Bar For Sale

Business description

LOCATION: Situated in the heart of the City of London in the financial district of Bishopsgate, close to major tube stations and bus routes and in bustling location with a number of large commercial institutions and other offices in close proximity.

DESCRIPTION: Housed in the ground floor of a large office block the mid-terrace double shop unit has approx 29’ wide glass frontage. Internally the 500 sq ft ground floor comprises a smart, modern sandwich bar/cafe with bar seating for 6 customers and in excellent decorative order. There is an open-plan kitchen/prep room area at rear of two serving station counter, and a staff washroom and toilet, in addition to a small office space and storage area.

EQUIPMENT: The Sandwich bar/cafe has an extensive range of trade equipment and a full inventory will be available for a purchaser, the main equipment includes; coffee grinder and espresso/cappuccino machine, baked potato oven, large industrial oven, floor standing fridge, 3 double panini grills, double refrigerated drinks display, glass refrigerated serving counter, 1 large/1 small glass heated display cabinets and 2 computerised digital tills

BUSINESS: The business is in a uniquely unopposed position, which takes advantage of the densely commercial populated local area. This is a superb sandwich bar/café fitted to a high standard and based in an energetic part of London and specialising in a bagel menu. However the fully equipped kitchen and the excellent decorative order would facilitate any theme. We are informed weekly takings are approx £5,000. Currently run by owner and partner plus 2 F/T.
Viewing highly recommended. Great potential to substantially increase takings by extending opening hours, expanding currently delivery business and providing off-site catering for nearby offices.

HOURS: 7.00 am – 4.30 pm Mon-Fri

ACCOMM: There is no residential accommodation.

TENURE: The current lease has a term of 6 years remaining and the current rent is £65,000 per annum with reviews every 4 years.

RATES: Business rates payable are approx £ 25,000 p.a.

NEGOTIATIONS: Strictly through Abacus Business Sales on 020 7372 6868

50% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).


PLEASE REGISTER with us right now so we can arrange a viewing for you today.

Property information

Property:

Leasehold

Lease terms:

TENURE: The current lease has a term of 6 years remaining and the current rent is £65,000 per annum with reviews every 4 years.

Leasehold rent:

£65,000 per annum

Location:

LOCATION: Situated in the heart of the City of London in the financial district of Bishopsgate, close to major tube stations and bus routes and in bustling location with a number of large commercial institutions and other offices in close proximity.

Premises details:

DESCRIPTION: Housed in the ground floor of a large office block the mid-terrace double shop unit has approx 29’ wide glass frontage. Internally the 500 sq ft ground floor comprises a smart, modern sandwich bar/cafe with bar seating for 6 customers and in excellent decorative order. There is an open-plan kitchen/prep room area at rear of two serving station counter, and a staff washroom and toilet, in addition to a small office space and storage area.

Other information

Expansion potential:

Great potential to substantially increase takings by extending opening hours, expanding currently delivery business and providing off-site catering for nearby offices.

Support & training:

Full handover support and training included in asking price.

Reasons for selling:

Relocation

Trading hours:

HOURS: 7.00 am – 4.30 pm Mon-Fri

Financing available:

50% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).

Related documents:

• 
• Compulsory Registration Form to Return Please