Superb Sandwich Bar Coffee Shop & Catering Company For Sale

Business description

Situated in The Westgate Quarter of Gloucester town centre near the Cathedral makes a great location
Mobile catering vans included worth £30,000
Advised combined turnover of £563,662pa
Highly popular & well established business
Five out of Five Food Standards star rating
Early viewing highly recommended
Scope for further development
2 trading sites


Business History
Meridian Business Sales are delighted to offer to the market this well established Sandwich Bar, Tea and Coffee House and Outside Catering Business which has been established since 1997 and in the careful hands of our clients for the last 10½ years. Our clients are reluctantly offering the business to the market due to pressing family commitments. Since our clients’ took ownership of the business they have invested time and money in the business and premises to the point where it is in full walk in condition. Our clients have continuously developed and improved the business, introducing new lines and income streams which have enhanced the business massively and in particular shows in the year on year increase in turnover. Our clients advise us that the annual turnover currently runs at £563,622 which is achieved through sales of made to order baguettes, sandwiches, panini’s, jacket potatoes, salad boxes, tea’s, coffee’s, light lunches and a great choice of daily specials. They also have a catering business which offers business buffets to local companies, outside catering and event catering including some large contracted work locally. The buffet catering business has two chilled delivery vehicles which are included in the sale of the business. The company also operates 3 mobile sandwich catering vans to local business parks these 3 vans are worth £30,000 and are also included in the sale price. This limited company comes with the buffet business, sandwich bar, coffee shop and 3 catering vans this is a huge opportunity to purchase a business with a strong reputation within the local community and as such has a high level of regular and repeat trade. Early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Property information

Property:

Leasehold

Lease terms:

Sandwich Bar
Leasehold
Original Length: 10 years
Remaining: 5 years
Rent: £8,500pa

Tea & Coffee House
Leasehold
Original Length: 10 years
Remaining: 9 years
Rent: £10,000pa

Living accommodation:

Hedleys Sandwich Bar – 64 Westgate Street Secure entrance leading to: GROUND FLOOR - Retail shop with serve-over chilled counters, drinks fridge, coffee machine & grinder and sales counter with cash register, Pergal machine, gas oven with full extraction system, jacket potato oven, panini grill, soup kettle, food preparation machines, microwave, air conditioning, bespoke designed shelving and shop counter units. Also fitted with CCTV system with monitor and cameras. CELLAR - Dry store room with chest freezer, hot water boiler and toilet with wash basin. FIRST FLOOR - Preparation room with double sink, fridges, freezers, salad preparation area, grater, racking/shelving, fitted units and hot water boiler. SECOND FLOOR - Single staircase to top floor which contains large storage area, lockers for staff, office and monitor and control for CCTV. Hedleys Coffee Shop – 66 Westgate Street GROUND FLOOR - Secure entrance leading to: Retail area with sales counter, seating for 36 covers, coffee machine & grinder, cake display, chilled cabinets, drinks fridge and shelving displays. Toilet with wash basin and disabled facilities Storage cupboard Kitchen with double sink, dishwasher, freezer, double fridge, convector oven, panini grill, toaster, combi oven/microwave, hot plates, electric mixers and various cutlery/crockery. CELLAR Dry storeroom with freezer and table/chair storage Hedleys Catering Ltd – Can be run from 64 Westgate Street This part of the business has a large number of regular business customers, together with links for private and outside catering. The outside catering business has one major large local contract in place which has recently been renewed. The 3x mobile sandwich catering vans are factory fitted with bean to cup coffee machines, ovens, refrigeration, shelving and storage areas. These Vauxhall Vivaro vans are one of the best models on the market. All vans have full body logo and internal signage and lighting.

Location:

This exceptional business has an ideal trading location in the city of Gloucester, Gloucestershire. The property stands proud on one of the city's main access roads which sees a mass of commuters and city visitors on a daily basis. The neighbouring area has a large display of commercial and corporate style businesses which is ideal as it supplies a large customer base within a short travelling distance it also benefits from being situated close to the Cathedral. Gloucester is a hugely popular business and residential area which offers excellent shopping, fine housing, good schools, NHS services, superb public transport networks and a thriving business community. Gloucester also benefits from being less than 6 miles away from the M5 motorway which makes visiting and commuting very easy.