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Well Established Sandwich Shop

City of Glasgow, Glasgow
Leasehold Price:
£109,995
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
242709
Reference
B05214 / Rightbiz

Details

Business
Hilton Smythe are delighted to bring to the market an opportunity to acquire a thriving & long-standing sandwich bar & hot food take away with an enviable reputation within Glasgow City Centre. Metro Sandwich Company has been trading for some 30 years and has been under ownership by our client for the last 5 years. It is only now that the business is on the market for sale as our client looks to concentrate on other business interests.

The business prides itself on freshly cooked fayre and has an extensive menu to include, soups, hot & cold filled rolls with a selection of fillings, paninis, chips, burgers, baked potatoes, cold beverages and tea’s & coffees. 

There is plenty of scope to further increase turnover with further expansion of the events catering side of the business, in addition to offering an online ordering service along with extended opening hours (evenings) as the business could also provide a takeaway pizza service.

The business is well established, has a great reputation so will appeal to a wide range of potential buyers.

Very rarely do such fine “turnkey” businesses in an excellent city centre location come to the market, so early Viewing Is highly recommended



Location
Metro Sandwich Co take away & sandwich bar occupies a substantial ground floor retail premises on the busy John Street in the Merchant city area of Glasgow.

The business is surrounded by a wealth of complimentary shops and businesses and greatly benefits from being situated within the student hub, resulting in a consistently high level of footfall and passing trade.

The Merchant City area of Glasgow is a thriving mixture of university campus sites, bars, restaurants, gallery’s, theatres & is easily within a few minutes’ walk from George Square in the city centre making the location of the business exceptionally attractive to potential purchasers looking for a city centre operation.

Glasgow is the largest city in Scotland and the fourth largest in the United Kingdom, after London, Birmingham and Leeds. As of the 2011 census, the city had a population density of 3,395 people per square kilometre. The city offers many amenities for a wide range of cultural activities, from curling to opera and ballet



Premises
Substantial single fronted ground floor retail premises fitted to an excellent modern standard briefly comprising:

Customer waiting / ordering area with perimeter seating, large glass topped service counter with refrigerated display / storage, drink fridge, wall mounted menu, stainless steel prep area, panini maker & modern coffee machine

Rear Shop
Well-appointed commercial kitchen fitted with industry standard catering equipment ample work surface area for food prep, electric cooker with hot plate area, double fryer, hot plate, turbofan oven, various refrigerated & freezer units, commercial microwaves x 2, Double Pizza oven & further associated industry equipment. Good sized washing area with triple stainless-steel sink units


Rear storage, storeroom with cold storage, WC & Utility area



Tenure
We are advised that tenure is offered on a Leasehold basis

25 year lease with 20 years remaining

Rent £21200k PA

No Rates



Hours
0600 – 1700 Monday to Friday
0600 – 1600 Saturday




Staff
The business is run & managed by the current owner along with 4 staff.



Financial Profile
The 2017-2018 accounts show a turnover of £65,933. With a net profit of £1,275. 





Seller Details
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Listing Details
Leasehold Price: £109,995
Tenure: Leasehold
Sector: Sandwich Shops
Financials
Annual Turnover: £65,993
Location Statistics
What's nearbyi:
My Dwelling (approx. 0 mile)
Bridge Sociëteit Roermond (approx. 0 mile)
Glasgow Denture Studio (approx. 0 mile)
City of Glasgow College - Marine Skills Centre (approx. 0.8 mile)
Glasgow Central Mosque (approx. 0.8 mile)
Central Mosque Car Park (approx. 0.8 mile)
City of Glasgow College - Riverside Campus (approx. 0.8 mile)
1 Mosque Ave Parking (approx. 0.9 mile)
Anderston Superstore (approx. 0.9 mile)
Halls of Residence, City of Glasgow College (approx. 0.9 mile)
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