Freehold & Leasehold Sandwich Bar Catering For Sale

Business description

Advent Business Sales is delighted to offer to the market this well established business which has been trading successfully for the previous two decades.

The current vendor has been in ownership for almost 12 years.

Retirement has now provided a splendid opportunity to purchase a rare freehold with a healthy level of weekly takings. The leasehold is also available at £130,000 + SAV.

There are three elements to the business:
1. Day time greasy spoon workmen’s café averaging £1250 per week (5 days)
2. Three van rounds averaging £3,600 per week (5 days)
3. School dinners and daytime outdoor catering averaging £2,000 per week

Sales are averaging £6,500 to £7,000 per week in total.
The three rounds are essential to office sites and are monitored effectively with the aid of a supervisor.

The business is fully equipped for purpose and has 3 to 4 delivery vans.



The business is being sold for genuine retirement reasons.

It offers huge scope for a younger husband and wife team to supply the ever growing companies in the area with corporate catering and buffets as well as events such as birthdays, weddings and parties.

The delivery service in place has huge demand and the vendor has informed us that another 7 to 8 vans would not satisfy the full demand


On a lighter note, the vendor also provides catering services for the local environmental health department.

ref:8614HP

Property information

Property:

Freehold

Lease terms:

TENURE: Freehold

We are advised that the annual business rates are currently: TBC

Living accommodation:

BUSINESS PREMISES The freehold premises date back to 1815. The building is not listed and briefly consists of: Ground Floor - Retail counter to front - Prep and cooking areas to rear - Access to rear yard - Secure parking for 4 – 5 vehicles First Floor - Currently used for storage and offices - The first floor can be converted into a one bed apartment if required

Location:

Our client is located just off the main town centre of Chesham in Buckinghamshire. The position benefits from free car parking to the front which is an advantage over the town based cafes and sandwich bars.

Chesham is a commercial town and is undergoing large scale commercial developments, particularly offices. It lies on the main route to the M25.

The premises also benefit from secure car parking to the rear for five vehicles.

Other information

Expansion potential:

Surrounding areas such as Amersham, High Wycombe, Hemel Hempstead, Rickmansworth and Watford provide lucrative potential.

Saturday openings would lead to further sales.

Serious purchasers will need to view early to take advantage of the freehold and a business with so much potential, in addition to the already healthy takings.

Trading hours:

Mon – Fri: 5am – 2.30pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars