Asking price: £43,500

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
A prosperous Sandwich Shop in the heart of the Norfolk Broads village of Hoveton, providing teas, coffee, sandwiches and baguettes (made on request) and ice-creams and light meals (e.g. jacket potatoes, etc.). Riverside seating at back of premises.

DESCRIPTION AND ACCOMMODATION COMPRISES:- (All dimensions are approximate)

A manageable Lock Up Sandwich Shop (newly decorated throughout) providing:-

Sales Area
Divided from Kitchen and Preparation Area providing a total area of about 163 sq ft (15 sq m).
Having Counter.

Use of Toilet from the Rear Yard.

There is a covered Seating Area to the Rear, providing about 18 covers where customers can sit and relax to watch the boats and swans float by.

EQUIPMENT
Including:-

2 Fridges
1 Small Fridge
Display Chiller
4 Freezers
Tables and Chairs
Ice Cream Machine
Tills and
Coffee Machine
Electric Cooker, etc.

Note:- The Coffee Machine and Display Chiller are currently leased.

A full list of equipment can be made available.


BUSINESS
The business is currently run by our client and has part-time staff. Providing teas, coffee, sandwiches and baguettes (made on request) and ice-creams and light meals (e.g. jacket potatoes, etc.).


BUSINESS RATES
The property is assessed for Business Rates at a rateable value of £2,600 (2005 List).

Interested parties should make their own enquiries of the Local Authority (North Norfolk District Council— 01263 513811) as to the annual rates payable and the availability for Small Business Rates Relief.

SERVICES
Mains services are believed to be connected, but we have not carried out any inspection or test of any services or appliances.

TENURE
Leasehold.

RENT
The current rent is £5,000 per annum.

RENT REVIEW
Reviews are every 3 years with the next rent review being in January 2011.

TERMS
The Lease is a new 10 years Lease from January 2008.

RESPONSIBILITIES
The Tenant is responsible for internal repairs.
The Landlord is responsible for insuring the property and the Tenant to reimburse this proportion to the Landlord.

Years established: Number of years

Employees: 5 part time + Owner

Trading hours: 10.30am to 3.30pm

Property: Leasehold

Lease terms
The Lease is a new 10 years Lease from January 2008

Location
“Indulge” occupies a prime corner position on the main street through Wroxham. Close to the bridge between Hoveton and Wroxham with river to the rear.

Hoveton and Wroxham are extremely popular venues for tourists and holiday-makers wanting to take advantage of the river (part of The Broads).

Expansion potential
Opportunity to expand into sandwich rounds to local industrial estates, and expand opening hours.

Competition / Market
No immediate competition. Good all round trade from local residents, businesses and tourist trade.

Support & training
Handover training would be provided.

Reasons for selling
Other business and family commitments

Related website: www.keys-ea.co.uk/propinfo.php?pid=453