Sandwich Bar Coffee Shop With Accommodation In Hailsham For Sale

Business description

LOCATION
The business is situated in a busy street adjacent to the High Street of a popular and rapidly expanding East Sussex Town. It is in a good position with a variety of private and multiple retailers in the area. There are also a number of estate agents, banks and solicitors’ offices in the immediate vicinity.

BUSINESS
The business is an attractive and well maintained sandwich and coffee shop with seating inside for 30 customers and outside in an attractive garden for a further 20. The menu consists of freshly prepared sandwiches and baguettes, soup, jacket potatoes, salads, all-day breakfasts, lunchtime ‘specials’ and a wide selection of hot and cold drinks. There is a healthy level of take-away trade. The business also provides an outside catering service to the local council, police, fire service, local businesses and private clients (weddings etc).

We are informed that sales for the year ending March 2011 were £51,924 producing a gross profit of £39,941. The accommodation is currently rented out producing an additional £6,000 per year.

PREMISES
Main Shop Area - about 19’0’’ by 17’6’’ (5.8m by 5.3m). The area has partly tiled and laminate flooring, seating for 14 customers and a sandwich bar. Main items of equipment include: Lincat hot pie cabinet, refrigerated serve-over, hand wash basin, electronic cash register, large freezer and fridge/freezer. Leading to:

Seating Area - about 14’0’’ by 12’0’’ (4.2m by 3.6m). Seating for a further 16 customers in an attractive cottage-style environment with ceiling beams and Inglenook fireplace. Built-in storage cupboard.
Kitchen - about 10’3’’ by 9’3’’ (3.1m by 2.8m). Main items include: Swan hot water urn, 2 toasters, 3 microwaves, ACE griddle, fridge and cooker. There is an additional washing up area with 2 stainless steel sinks.
Staff Wash Room with WC beyond.
Stockroom – About 13’3’’ by 7’0’’ (4m by 2.1m) With gas fired boiler, 2 upright freezers, chest freezer.
Outside - there is an attractive Garden with seating for 20 customers.

ACCOMMODATION
Accessed via the stockroom or by means of a garden entrance, there is a Flat with 1 Double Bedroom, Lounge, Kitchen/Diner and Bathroom/WC.

HOURS
Monday to Friday - 8:00 am to 3:00 pm. Saturday - 9:00 am to 2:00 pm.

STAFF
Our clients work in the business full-time with the assistance of two part-time members of staff.

TENURE
We are informed that there is a 10 year lease from 2003 at a basic rent of £10,000 per year and rent reviews every 5 years.

RATES
2011/12: Rateable Value is £6,900. Amount payable is £1,065 - assuming Small Business Relief eligibility.

Property information

Property:

Leasehold

Lease terms:

We are informed that there is a 10 year lease from 2003 at a basic rent of £10,000 per year and rent reviews every 5 years.

Leasehold rent:

£10,000 per annum

Living accommodation:

Accessed via the stockroom or by means of a garden entrance, there is a Flat with 1 Double Bedroom, Lounge, Kitchen/Diner and Bathroom/WC.

Business Operation

Trading hours:

Monday to Friday - 8:00 am to 3:00 pm. Saturday - 9:00 am to 2:00 pm.

Employees:

Our clients work in the business full-time with the assistance of two part-time members of staff.