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SANDWICH & ESPRESSO BAR NORWICH, NORFOLK (NR1)

Norwich, Norfolk
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SANDWICH & ESPRESSO BAR - NORWICH, NORFOLK (NR1)SANDWICH & ESPRESSO BAR - NORWICH, NORFOLK (NR1)SANDWICH & ESPRESSO BAR - NORWICH, NORFOLK (NR1)SANDWICH & ESPRESSO BAR - NORWICH, NORFOLK (NR1)SANDWICH & ESPRESSO BAR - NORWICH, NORFOLK (NR1)
  • Leasehold: £65,000
  • Turnover: £130,000 £2,500 Per week
  • Net Profit: Not Applicable

Business Details

Well Known & Well Regarded
Indoor & Outdoor Seating for 37 Covers
5 Star Food Hygiene Rating
Private Parking Space
Low Rent & Rates
Long Established
Takeaway & Corporate Lunches
Double Fronted Premises
Free Customer Parking Opposite
Call to Arrange Viewing

AGENTS NOTE

This is the sale of the business as a going concern.

PARTICULARS

EMF are delighted to bring to the market an excellent opportunity to acquire this well known and long established sandwich bar situated close to the train station in Norwich city centre.

A highly regarded business with a good mix of regular walk in customers and corporate lunches and with the added benefit of being able to offer internal and external seating for people to dine in.

Low overheads and a well presented property give further appeal and so we expect there to be strong interest in this. We therefore recommend contacting us at your earliest opportunity if you think that this may be the one for you.

THE BUSINESS ITSELF

There has been sandwich business here for many years with the current owner having taken over approximately 10 years ago and it is now only coming onto the market due to their pending retirement.

Offering a range of traditional breakfast and lunchtime fare including toasted paninis and jacket potatoes to the many employees of the local offices and businesses in the surrounding area including the large Royal Mail sorting office.

Enjoying a weekly turnover advised to be in the region of around £2,500, and being well equipped and fitted out, this offers a new owner operator a great turn key business to walk into and start earning from day one.

PREMISES

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The premises are a great feature of the business being in a slightly elevated position and double fronted to two busy roads. With full height glazing to the front and side providing an attractive facade and welcoming entrance to help draw customers in.

There is free on-street parking opposite making it convenient for customers who are driving to pull in and grab some lunch as well as having a private parking space immediately in front of the shop for the owners use.

On the raised terrace there is space for around 14 covers to be able to enjoy lunch in the sunshine. Alternatively when our British weather is not so good then there is a further 23 covers inside the bright and airy dining area.

The main room measures an average of 9.5m x 5m and is split between the seating area and the customer service counter with a doorway through to the toilets and store room. The room has striking chequerboard flooring, air-con and wall mounted speakers. There is a refrigerated display unit which together with the adjoining work surfaces form the service counter. There are a range of under counter shelving and further worktop for food and drink preparation. Here you will also find the coffee machine and bean grinder together with the jacket potato oven and wall mounted menu boards above.

Through to the kitchen of 4.4m x 2.2m there is a range of work surfaces and further shelving for storage. It is fitted out with a tall fridge, under-counter fridge and 2 under-counter freezers together with a griddle plate with extractor over, a bain marie, panini grill and two microwaves. From the kitchen there is also access to the rear bin store and to the basement.

FURTHER INFORMATION

REFERENCE NUMBER

SB35320E.

OPENING HOURS

8:00am to 2:30pm Monday to Friday. Closed Saturday & Sunday.

TENURE

Leasehold. There is a 12 year lease running from the 24th February 2018.

RENT PAYABLE

£12,600 per annum. Rent reviews are scheduled for every 3 years.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the existing lease or for the grant of a new lease.

RATES PAYABLE

We are advised that the business currently enjoys Small Business Rate Relief and as such no rates are presently payable.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

EPC

Where applicable the Energy Performance Certificate is available on request.

PRICE

£65,000.

For the benefit of the goodwill, assignment of lease and fixtures, fittings & equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING

Strictly by appointment only, please call our Norwich Office on (01603) 662 662 to make an appointment.

FINANCE

Finance may be available to suitable purchasers.

BUSINESS TO SELL?

Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

PREMIER MARKETING

We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on all of the online portals and our own website, make your business stand out from the crowd - call us today!

UNHAPPY?

Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01603 662662.
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Contact the seller for more details, or book a viewing

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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