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Advert Ref: C1030

Leasehold Sandwich Bar With Tea Rooms In Bexley For Sale

  • Bexley, Kent
Asking price:
£55,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

Prime main road location
huge potential for longer hours
scope for evening trade
turnover £90,000 p.a.
Plus additional income from outside catering

Location
occupying a prominent trading position fronting a busy main road in the centre of this sought after village on the kent/london borders serving numerous offices, small businesses and a well populated residential area. The business enjoys a high level of passing trade.

Business
well established having been in the present hands for 6 years and now only being marketed as a result of the vendors requiring a rest. Tremendous potential exists for the introduction of breakfast trade, evening trade, sunday trading and the introduction of a drinks licence. More outside and event catering would in addition, increase turnover significantly.

Turnover
£90,000 p.a. @ 65 % g.p.

Hours
9.00am - 4.00pm mon – sat
closed - sun

premises
single fronted premises with single entrance to: cafe area: totally refurbished and immaculately presented. 18-20 covers. Refrigerated serve over counter, till, 2 group espresso machine, slicer, panini grill, drinks chiller. Wash up area: butler sink. Staff w.c and w/basin. Outside - covered courtyard: with seating for 18 covers.

Tenure
2.5 years remaining on current lease (new lease available) rent: £9,000 p.a. (5 year reviews)

epc rating
band d

business rates
nil currently payable

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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