Sandwich Bar West Bromwich West Midlands For Sale

Business description

Super Sandwich Bar West Midlands

Busy High Street Trading Location

Annual Sales £70.000

High Gross Profits Over 65%

Short Trading Hours

Retirement Sale

Leasehold Price £30.000

Freehold Available

Description and Trade:
A modern well-established Sandwich Bar occupying a very busy high street trading position.

A Sandwich Bar has operated from these premises for many years. offering for sale freshly prepared sandwiches. jacket potatoes and other related foods. all for taking away. The Business is fitted and equipped to a high standard.

Premises:
Entrance door from the High Street to the very nicely presented Sales & Serving Area (around 480 sq. ft.) with tiled walls and suspended ceiling.

There is a rear Kitchen and door to shared access area and shared w.c. facilities.

The Premises are very well equipped for the trade. Fixtures and fittings include: refrigerated display. potato oven. chilled drinks cabinets. fitted cupboards with laminated surfaces. cash register. bain marie. microwave oven. air extraction canopy. grill. electric hob. toaster. stainless steel sink and fridge & freezer equipment.

The Premises are protected by roller shutters to front windows.

Accommodation:
There is no living accommodation.

Comments:
An opportunity to acquire a long-established and profitable business earning High Gross Profits from short trading hours. Obvious potential exists to expand the business by extending opening hours and developing outside catering services.

Our Client Informs Us That:
Takings and Profitability (from Trading accounts):
Annual Sales are around £70.000 with Gross Profits over 65%.

Trading Hours:
8.00am 3.00pm Monday to Friday

Saturday & Sunday Closed.

Staff:
The Business is operated by the owner with the help of three part-time assistants.

Tenure:
The Premises are held on a lease. Rent payable is £18.000 per annum with 3-yearly review dates.

Price:
£30.000 plus stock at valuation for the Lease. Business. Fixtures. Fittings and Equipment.

We understand that the landlord is prepared to sell his freehold interest in this property at a guide price of £225.000.

Property information

Property:

Leasehold