London - 0 bed - £45,000 - Dedman Residential

Property details

Bedrooms: 0

DESCRIPTION:
A long established and very attractive Sandwich Bar & Take Away in a superb location close to many world famous brand names, testimony to the importance of the location. Our Clients have owned the business for 10 years and have meticulously maintained both the goodwill of the business as well as the property, which is in 1st class condition. The vast majority of the business comes from the sale of both hot and cold Sandwiches and Snacks, and is supplemented by Jacket potatoes, Cakes, some hot food during the colder months of the year and Tea Coffee and cold drinks. Approximately 25% of the takings are from deliveries of Sandwiches & Platters etc to local Offices and we believe this element of the business has scope for substantial further development.

Location The property occupies a superb location only 5 minutes walk from Baker Street Station, this being the destination Station for visitors to the world famous Madame Tussauds. Baker Street is a street in the Marylebone district of the City of Westminster in London. It is most famous for its connection to the fictional detective Sherlock Holmes, who lived at 221B Baker Street, an address that did not actually exist in Sherlock Holmes' era (the address now graces a building housing a "Sherlock Holmes museum"). Baker Street runs south from Regent's Park, the intersection with Park Road, parallel to Gloucester Place, intersecting Marylebone Road, York Street, Portman Square and Wigmore Street. At the intersection with Wigmore St, Baker Street turns into Orchard Street, which ends when it intersects with Oxford Street. Baker Street Station is one of the world's oldest surviving underground stations, and the area teems with both Office workers and Tourists all year round.

Property Very attractive canopied frontage with pavement seating for 8 customers. Entrance with air conditioning unit above. Sandwich Bar in a total of some 280 sq.ft. with seating for 10 with an upright cold drinks fridge. Laid mostly to a wooden laminate floor with painted pine clad walls. Feature cold display counter and servery behind, with a 2 group ExpoBar Espresso Coffee machine, Microwave, Grill, Casio Till, Coffee grinder, Toaster, Fridge & Soup kettle. Small Kitchen to the rear with a tiled floor, stainless steel sink and drainer plus additional stainless steel hand wash sink, freezer, double electric hot plate, oven, and both base and eye level units. Access to staff WC.

Turnover We are advised that these are about £3,500 per week.

Hours Monday to Friday only from 7am till 4pm.

Tenure Leasehold. Granted for 10 years from 25th March 2010, subject to one review in 2015.

Rent £16,000 per annum.

Rates £7,866 per annum appx.