Thriving Town Centre Sandwich Bar In Northampton Northamptonshire For Sale

Business description

Preferred Commercial is delighted to offer for sale this thriving town centre sandwich bar, which was established in 2003 and which has been in our clients' careful hands since 2009. The sandwich bar is only now offered to the market due to our clients' wish for a change in career. The business trades 6 days a week and generates a turnover in the region of £130,000 per annum with a gross profit of 64%. Twenty Seven Red offers a wide range of fresh sandwiches, baguettes, cakes and hot and cold beverages, along with a commercial catering service. The business is currently run by our clients and 3 part time staff. We feel the turnover could be further increased by embarking on a modest marketing campaign and perhaps establishing a delivery service to local businesses. There is also scope to expand the commercial catering services further, as currently this is run at a pace to suit our clients. The business has an excellent reputation and is renowned for providing quality food at competitive prices. The sandwich bar enjoys much repeat trade from the local council offices and the hospital. There is a website in place advertising the business and services provided with contact details. The premises are well-equipped to suit the trade and boast a large unused store room to the second floor, which we feel could be utilised as owners' accommodation, subject to planning permission. This is an ideal opportunity to acquire a profitable sandwich bar with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 8 years
Remaining: 6 years
Review: every 3 years
Rent: £20,000 per annum

Leasehold rent:

£20,000 per annum

Location:

Twenty Seven Red occupies substantial 3-storey mid-parade premises, ideally located in the heart of Northampton, Northamptonshire. The business is surrounded by a wealth of complementary shops and businesses and enjoys a high footfall with much passing trade. The premises benefit from ample on-street parking and are close to the town's amenities, including Northampton General Hospital NHS Trust. There are excellent public transport links serving the area with numerous bus stops and a railway station within easy walking distance. Northampton is a large market town boasting a population of over 200,000 and numerous shopping centres. The premises boast easy access to the A-road network and the M1 motorway is 6 miles away. Milton Keynes lies approximately 18 miles away, while Bedford lies 19 miles away.

Premises details:

Substantial 3-storey mid-parade sandwich bar premises in town centre location. Briefly comprising:

Ground Floor
• Open plan serving area with 3 metre open display chiller, menu boards, tables and chairs, serve over counter with 2 x electronic cash register, cake display and coffee machines
• Commercial grade kitchen with stainless steel work surfaces, fridge-freezer, 2 x microwave ovens, convection oven, 3 x chillers, twin Panini press, toaster, wash hand basin and sink unit
• WC with wash hand basin

First Floor
• Large store room with 6 x freezers and shelving to suit
• WC with wash hand basin

Second Floor
• Unused store room

External
• Rear exit
• Double fronted sandwich bar

Business Operation

Trading hours:

Mon - Fri: 7:30am to 3:30pm
Sat: 8:00am to 4:00pm
Sun: Closed
Scope to extend opening hours