Freehold Sandwich Bar With Accommodation For Sale

Business description

Highly profitable, recession proof, Sandwich Bar uniquely boasts a detached position and comes with a large 3 bedroom house, front and back enclosed gardens and detached garage. Also has large parking area with dual access. The house is currently let at £500pcm.

Property information

Property:

Freehold

Living accommodation:

The house comprises of reception hall, spacious lounge with dining area, fitted kitchen. First floor, 2 double and 1 large single bedroom, bathroom with separate w.c. The property has recently benefitted from new UPVC windows, cavity wall and loft insulation.

Location:

Situated in a prime trading position, 15 minutes from Bradford City Centre, surrounded by industry, workers and residential housing. Also, 5 minutes from Euroway Trading Estate and major motorway links.

Other information

Expansion potential:

There is scope for expansion. However, the current owner has developed the business to a highly profitable level and is now looking to branch out into property development. Trading hours could be expanded; currently Mon-Fri 07.30-14.00 and Sat 07.30-11.00. Also, good investment potential. The business could be leased at a sale price of £55,000 + rental income of £500 pcm month + the house income of £500 pcm giving a total investor income of £12,000 p/a.

Competition / Market:

This is the largest sandwich bar in the local area and has the best parking for passing trade. The local competition is of course competitive however, we offer a wider selection and at reasonable prices whereas the high street sandwich shops often out-price themselves and are of course leasehold concerns.

Support & training:

The current staff are fully trained in the day-to-day servicing aspects of the business. The supervisor (full-time) has been trained in cash-flow and suppliers paperwork on to excel database and manages the shop in the owners absence i.e. fresh food stock shopping and when delivering orders. Any support or training that is required additional to this will be given as requested.

Reasons for selling:

Other business interests. Will negotiate terms + smart delivery car included only if full asking price met. Please do not approach this business unless you have means to achieve the finance required as this service is not offered.

Trading hours:

07.30-14.00

Furniture / Fixtures value:

£15,000 (included in the asking price)

Inventory / Stock value:

£1,000

Website:

www.thetukshop.co.uk