Leasehold Salad & Sandwich Bar For Sale

Business description

Bag a Business is delighted to offer to the market this fashionable, recently established salad and sandwich shop, which is only being offered to the market due to our client's wish to concentrate his efforts on his other shop. The business has rapidly established an exceptional turnover of £2,300 per week with a gross profit of 41%, derived from offering an extensive range of foodstuffs. The business prides itself on serving freshly baked baguettes, Polish cooked meats, salads, sandwiches and a fine selection of coffees. Lolek Salad and Sandwich Bar has quickly established a loyal customer base and as a result the delightful seating/cafe area is never short of customers. In addition to this the convenience/foodstuff store on the upper level is steadily developing a strong reputation, for its fine foods, amongst the city centre residents and shoppers. We feel that this is an excellent base for a new owner to build upon and increase turnover, perhaps by gaining a license to serve and sell alcohol, extending the opening hours to include breakfast time and by offering a delivery service. Early viewing is highly recommended to fully appreciate the potential this business has to offer.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining length: 9 years
Review every: 5 years
Rent: £288.50 per week

Living accommodation:

ACCOMMODATION DETAILS The business is located on the ground floor of a mid terrace, three storey building. The trading area is divided over two levels the lower for the salad and sandwich bar, whilst the upper floor is dedicated to produce sales. GROUND FLOOR Cafe area with approximately 16 covers Chilled glass display counter Electronic cash register Salad serving point Chilled drinks chiller W/C Storage Racking and shelving for food produce sales EXTERNAL The front entrance is entered from the pavement, whilst the rear entrance leads onto to a large retail trading park providing a natural footfall.

Location:

Lolek Salad and Sandwich Bar is ideally situated within a parade of complementary shops and businesses, on the extremely busy Castle Street, in the centre of the popular Welsh City of Swansea. The business is surrounded by a selection of Pay and Display car parks, as well as free car parking available at the nearby retail trading park. Trade is drawn from a combination of local employees, shoppers and the builders who are working on various regeneration projects in the area. There has been and is continuing to be a tremendous amount of investment including a new shopping centre opposite the business. Swansea is located just off the M4 motorway between junctions 44 & 47, whilst also benefting from the busy A48 and developed train and bus routes.

Other information

Trading hours:

Mon - Sat: 9.30am - 7.00pm