Baguette Express Franchise In Newcastle City Centre For Sale

Business description

Sales £4,000 per week.
Excellent central location.
Superbly fitted and equipped for the trade.
Rapidly expanding franchise network.
Viewing strongly recommended.
LEASEHOLD £59,950 plus SAV plus £5,000 franchise fee.

Property information

Property:

Leasehold

Lease terms:

Held on a 10 year lease from 2009 at a passing rental of £30,000 per annum. There is a rent review at the 5th year.

Leasehold rent:

£30,000 per annum

Location:

The business is located within a busy parade close to the Haymarket, Civic Centre and between both Universities.

Premises details:

Ground Floor:
Shop 13’8 frontage (maximum) x 55’ depth

Basement;
Store 1 17’1” x 32’ which could be suitable for additional seating.
Store 2 17’ 7” x 13’
Store 3/Former Kitchen 9’3” x 6’9”

Size in square feet:

650

Business Operation

Reasons for selling:

Other business venture.

Trading hours:

Monday - Friday 7.30am — 7.00pm
Saturday 9.00am — 5.00pm
Sunday 11.00am — 5.00pm
The premises are licensed to trade until 2.30am on Thursday, Friday and Saturday.

Employees:

Currently managed by our client with the help of 2 full time staff plus a number of part time staff.

Years established:

2

Franchise terms

Franchise opportunity:

Yes

There is a fee of £5,000 plus VAT payable to Baguette Express at the point of sale.

Other information

Support & training:

Full support and trading is available via the franchise.