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Sandwich Bar In Birmingham For Sale

Birmingham West Midlands
Well established, superbly presented operation located approx. 1 mile from Birmingham city centre, surrounded by numerous offices. Sales average £3700 from 5 days a week, generating good profits to owner operator. Rent £20,000 pa.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 67611
ADVERT IMPRESSIONS : 12,177 TIME(S)

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

LEASEHOLD:

£95000
 

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BUSINESS DETAILS:

LOCATION:
The sandwich bar is located just off a busy main road, approximately 1 mile from the centre of Birmingham. It is situated on a wide crescent, lined with lovely period properties which offer a mixture of residential accommodation and legal/professional offices.

BUSINESS:
The business predominantly offers a take away service and provides a wide range of sandwiches, baguettes, hot & cold snacks and beverages. The shop enjoys a busy trade from the many legal and professional workers in the close vicinity, whilst its proximity to the main road attracts additional, passing trade. We are advised that weekly takings are in the region of £3,700 per week from easy opening hours and this generates very healthy profits for a working owner.

BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)
The premises are spacious, extremely well presented and are equipped to a high standard. There is a range of chiller display cabinets and drink fridges as well as the main service counter where sandwiches and snacks are made to order. Limited seating is provided within the sandwich bar although the paved area to the front of the premises allows for further seating outside during the warmer weather.
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

TENURE:
This is a leasehold opportunity and we are advised that the current lease is for a term of 12 years 4 months which commenced June 2010 and expires in November 2022. The current rent payable is £20,000 per year. Please be aware that the landlord will require references to support your application as a new tenant and a rent deposit may be required.

RATES:
We are advised that the rateable value of the business premises is approximately £8,000, with rates of £3,500 payable in 2011/12.

NOTE:
It is recommended that potential buyers make their own enquiries through the local authority to check whether the rateable value remains correct and whether the rates payable will be the figure quoted above.


HOURS:
Monday to Friday: 7.30am to 3.00pm

STAFF:
The owner of the business does not work in the sandwich bar but employs a manager and 2 full-time members of staff. In addition, there is a part-time member of staff who works only when required, up to a maximum of 16 hours a week.
   
  FOR SALE
   

REFERENCE:

WM9557 / RightBiz
   
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ENQUIRIES:

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