Sandwich Bar In Old Stevenage For Sale

Business description

County Business Sales -Essex and Hertfordshire are pleased to offer to the market this sandwich bar .
Established for over 30 years the business has only been under the current owner’s stewardship since April 2010. It is a traditional sandwich bar selling a full range of sandwiches, coffee and tea, cakes etc. It also offers a buffet service and services several large corporate clients with outside catering and is contracted to fill a vending machine for a local business with 120 employees.

Property information

Property:

Leasehold

Lease terms:

We are advised that the property is held on a full repairing and renewable ten year lease which expires in June 2012. a new lease has been agreed with a fixed rent of £9,900 for 10 years.

Leasehold rent:

£9,900 per annum

Location:

This business trades from a sought after position in Old Stevenage a town and borough in Hertfordshire .
It is a charming and pleasant location full of both character and history.

Premises details:

The sandwich bar boasts modern and attractive fixtures and fittings.There is a breakfast bar with three stools and two tables and four chairs outside

Planning consent:

A1

Energy Performance Rating:

D

Business Operation

Expansion potential:

A new owner should be able to expand the outside catering.

Reasons for selling:

Health problems for the owner prompt this reluctant sale.

Trading hours:

Mon to Fri 8am to 2.30pm.

Employees:

The business currently employs one full time assistant (35 hours per week), and one part timer (6 hours).

Years established:

30

Other information

Support & training:

Full handover support.