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Superb Leasehold Sandwich Shop

Warwick Warwickshire
SUPERB LEASEHOLD SANDWICH SHOP - WARWICKSHIRE Advised average weekly turnover of £3,500 with good GP Early interest and viewing is highly recommended
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 64016
ADVERT IMPRESSIONS : 6,938 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Sandwich Bars
SALE: Agent Sale

LEASEHOLD:

£179,995
 

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BUSINESS DETAILS:

SUPERB LEASEHOLD SANDWICH SHOP - WARWICKSHIRE
Advised average weekly turnover of £3,500 with good GP
Early interest and viewing is highly recommended
Ideal trading location in Warwick, Warwickshire
Several large local business catering accounts
Very well appointed and presented throughout
Genuine reason for sale due to ill health
2x hot and cold Jiffy vans with rounds
Sale includes all fixtures and fittings
Ideal partnership business
LEASEHOLD


Location

This superb leasehold sandwich shop is located in the beautiful area of Warwick, Warwickshire. The business benefits from being on a busy through road which links Warwick to Leamington Spa. The shop is situated within a row of properties and is complimented by neighbouring high quality retailers and businesses which draw customers to the area on a daily basis. The through road has very high levels of passing trade due to the road being used by commuters and visitors throughout the year. Warwick is one of the most desirable business and residential locations in the Midlands due to its beautiful countryside, historic landmarks, good quality schools, hospitals and excellent tourist trade. The business is only a few minutes away from Warwick Castle and the local busy high streets. Warwick also benefits from being only 2 miles away from the M40 motorway which connects to the M42 and M5 making visiting and commuting very easy.


Business History

Meridian Business Sales are delighted to offer for sale this superb leasehold sandwich shop business which has a proud history dating back to 1995. Since 2009 it has been owned and run by our client who is only now reluctantly placing it onto the market due to her unfortunate poor health and the need for a change in lifestyle. The business achieves a respectable advised average weekly turnover of £3,500 which is derived from selling a fantastic range of freshly prepared sandwiches and associated goods. As well as the outlet the business operates with two hot and cold jiffy vans which have daily routes throughout a 5 mile radius. The business has won several large desirable catering contracts with local businesses which contribute to a consistent trade throughout the year. The business also has a burger van which is used at celebrations and social events. Our client is very generously including all fixtures, fittings and vehicles into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is an ideal lifestyle change opportunity for an individual or couple who are looking for a well placed business which is seeing high levels of growth year on year.


Financial Profile

Turnover: £3,500pw
Stock approximately: £4,000
Gross profit: £118,300


Tenure

Leasehold
Original length: 10 years
Remaining: 8 years
Rent: £4,500per quarter


Opening Hours

Monday: 6:00am - 2:00pm
Tuesday: 6:00am - 2:00pm
Wednesday: 6:00am - 2:00pm
Thursday: 6:00am - 2:00pm
Friday: 6:00am - 2:00pm
Saturday: 7:00am - 2:00pm
Sunday: Closed


Accommodation

Ideal mid parade unit offering external seating with canopy, open plan serving/cooking/preparation and storage facilities, side breakfast bar seating, toilet and wash basin, additional rear storage space, external rear yard area with 2 secure storage cupboards plus roadside parking.

GROUND FLOOR
Glass fronted shop with highly visible front advertising signs and boards and secure entrance leading to open plan serving and preparation area with several chiller displays wall fixed menus, serving and payment counter, behind counter work/preparation/cooking and washing space with cupboards, drawers, wash basin and worktops, chilled salad serving section, additional stainless steel chiller cabinets with work space, side breakfast bar with seating area and stools, rear storage space which additional chillers/freezers, toilet and wash basin and door to rear yard.

External
To the front - External seating areas for 3-15 covers with canopy weather shield plus free of charge roadside parking.

To the rear - Small yard area with seating space/staff area and 2 secure storage cupboards.
   
  FOR SALE
   

REFERENCE:

2629 / RightBiz
   
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