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Leasehold Sandwich Bar Takeaway Located In Walsall

Walsall, West Midlands
Leasehold Price:
£34,950
Status
FOR SALE
Advert ID
232998
Reference
2299 / Rightbiz

Independent Sandwich Bar Takeaway Located In Walsall For Sale
Town Centre Location
Ref 2299

Location 
This established Sandwich Bar Takeaway is located within a prominent and highly visible trading position on Bridge Street which is near to all main car parks and travel amenities in Walsall town centre. The takeaway is surrounded by large Blue Chip retailers along with other complementary independent retailers and enjoys high levels of footfall from both shoppers and students from Walsall College Campus. The town has its own bus station nearby which gives easy access to Birmingham, Wolverhampton and other surrounding towns. Walsall is situated approximately 3 mile from Junction 10 of the M6 motorway which provides easy access to all major motorway networks.

Leasehold Asking Price: £34,950 plus SAV (£1,000)
Weekly Turnover: £2,200

Business Description 
Veritas Business sales are delighted to offer for sale this respected Sandwich Bar Takeaway which is located in Walsall town centre. The business was established by my client over 20 years ago and has been in his careful hands ever since and is now reluctantly being offered for sale due to other demanding business interests.                                                                                                                                                                       Since ownership he has continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which means that any new purchaser will not need to spend any additional funds for some time. French Connection is currently managed by a team of 1 full time & 2 part time members of staff and has an average weekly turnover of circa £2,200. They offer a fine range of hot & cold beverages, breakfast sandwiches, hot & cold sandwiches, paninis, jacket potatoes, homemade soups and salad boxes .                                                                                                                                                                                           We believe that there is further potential to increase trade should you wish to by having a more hands on owner operator, extending upon the current opening times, opening on Sundays and by joining the online delivery portals such as Just Eat or Deliveroo. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with plenty of passing trade. This is a superb opportunity to purchase an established business that still has untapped potential which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed. 

Opening Hours                                                          
Monday – Saturday – 7.00am – 4.00pm
Sunday – Closed
Leasehold                                                                                                                                                                 Term: 10 years                                                                                                                                                                                  Remaining: 3 years (new lease available)                                                                                                                                                              Rent: £15,000 pa                                                                                                                                                                                Business rates: £1,000 pa 


Ground Floor
Takeaway area comprising: service counter with cash register & EPOS system, under counter storage area, espresso coffee machine (Iberital), coffee grinder (Fracino), glass fronted hot food display unit, drinks chiller (Coca-Cola on loan), Walkers Crisps display unit and CCTV surveillance cameras.
Kitchen comprising: stainless steel work bench, commercial griddle, panini press, extraction canopy, fan assisted convection oven, double glass fronted refrigerator, bain-marie, under counter storage cupboards and commercial microwave.
Food prep & wash room comprising: stainless steel sink drainer and wall mounted storage units.
Storage area leading to exit at rear of property with open top chest freezer.
Staff W/C with hand wash basin.


 

Seller Details
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Listing Details
Leasehold Price: £34,950
Tenure: Leasehold
Location: Walsall, West Midlands
Sector: Sandwich Shops, Take Aways Businesses, Snack Bars
Financials
Annual Turnover: £115,000
Annual Net Profit: Available upon request
Key Features
  • Fully Fitted
  • Adjacent to Multiple Retailers
  • Price Reduced
  • Close to Local Amenities
  • Potential for Alternative Use
  • Prime Location
  • Town Centre location
  • Established Business
  • Attractive Business
Location Statistics
What's nearbyi:
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Sweat Union Walsall (approx. 0 mile)
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