THIS BUSINESS IS NOW UNDER OFFER

Established Sandwich Shop Rossendale

Rawtenstall, Lancashire

Status

UNDER OFFER

Date Submitted:

30/07/21

Advert ID

280378

Reference

7517 / Rightbiz
Leasehold: £19,995
Annual Turnover: £60,000
    Prominent Town Centre Location

    Projected Annual Turnover £60,000

    Further Financial Info Available After Viewing

    Established 2010

    Five Star Food Hygiene Rating

    High Footfall Area

    Close To Large Multiples

    Fully Equipped

    Superb Reputation

    Potential To Extend Opening Hours & Days

    Could Suit Any Cuisine

    Scope To Expand Menu

    EPC - E

Description:
REF 7517 – Leasehold Sandwich Shop
Blacks Business Brokers are pleased to bring to the market this leasehold sandwich shop located in Rawtenstall, Rossendale.

INTRODUCTION
Oliver's Sandwich Shop was established in this bustling area of Rawtenstall in 2010 and our client took ownership in 2020. The business offers a range of freshly prepared breakfasts, lunches, snacks and drinks. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation.

LOCATION
Oliver's Sandwich Shop occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Boots, The Halifax and Asda. There are also a number of other local amenities nearby including schools, pubs and a Post Office. The area is well linked by the M66 with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s family commitments, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a six year lease which began in 2020 at a cost of £76 per week.

BUILDING LAYOUT AND DESIGN
Oliver's Sandwich Shop operates from the ground floor of a spacious mid terraced property on a busy road. The business has large branding and signage on display above a glazed frontage. Inside, the servery/counter is positioned to the front of the shop with kitchen and preparation area to the rear of this. The first floor is currently used for storage. All areas are well equipped and presented well.

STAFF
The business operates with two part time members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS
[PLEASE ADVISE]Oliver's Sandwich Shop has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has a projected annual turnover of £60,000 Full financial information is available upon request.

BUSINESS RATES
Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This long established business occupies an enviable trading position in a highly sought after area of Rawtenstall. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu options and longer opening hours and days, this combined with a new online and social media presence would boost takings further. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings:
Display Cabinets
Cooler Cabinets
Freezer
Hob
Fridges x 2


Opening Hours:
MON - FRI: 08;00 - 14:00


Weekly Rent:
£76 Per Week. Weekly Rent:
£76 Per Week.
Contact Agent
Advert Reference:
7517 / Rightbiz
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THIS BUSINESS IS NOW UNDER OFFER
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