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Bagel Sandwich & Coffee Takeaway In East London For Sale

East London, London, UK
Asking Price:
£110,000
Turnover:
£260,000
Net Profit:
Not applicable

Bagel Sandwich and Coffee Takeaway Shop for Sale, East London. Franchise Business for Sale.

Property ID: RPS-21206

MAIN FEATURES

Bagel Franchise Business for Sale
Staff Managed Business & System in Place
Rent: £10,500 per annum
Eligible for 100% rate relief

LANDLORD’S REQUIREMENTS

Personal Guarantor Required (Subject to References)
2-4 Months Rent Deposit Subject to References
Accountant’s references
Trade references

LEASE DETAILS

Lease Ending: August 2037 (Inside the Act of 1954)
Rent: £10,500 PAX (£875/month)
Rent Review: Every 5 years
Next Rent Review: August 2027
Premium: £110,000 (Franchise Business, Lease & FF&E) + SAV

THE PREMISES

Area: Circa 107
Eligible for 100% rate relief

THE BUSINESS

Gross Revenue: We have been informed that the business generates gross revenue of circa £260,000 per annum (£5,000/week).
Opening Hours: 8:30am till 5:30pm

THE LOCATION

East London
Passing Trade
Close to Train Station and Bus Station
Busy high street location
Adjacent to Multiple Retailers
No competition in the area

VIEWINGS & CONFIDENTIALITY

All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client and must have proof of funds to meet the premium and landlord’s requirements.

Strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.

DISCLAIMER

The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.

Property Information

Property:

Leasehold

Lease Terms:

Lease Ending: August 2037 (Inside the Act of 1954)
Rent: £10,500 PAX (£875/month)
Rent Review: Every 5 years
Next Rent Review: August 2027

Leasehold Rent:

£10,500 per annum