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Prime Location Cafe and Sandwich Bar in Wakefield Centre, UK for Sale, £90K Annual Turnover

Wakefield, West Yorkshire
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Popular cafe, sandwich bar and takeaway Wakefield Centre, UKPopular cafe, sandwich bar and takeaway Wakefield Centre, UKPopular cafe, sandwich bar and takeaway Wakefield Centre, UKPopular cafe, sandwich bar and takeaway Wakefield Centre, UKPopular cafe, sandwich bar and takeaway Wakefield Centre, UKPopular cafe, sandwich bar and takeaway Wakefield Centre, UKPopular cafe, sandwich bar and takeaway Wakefield Centre, UKPopular cafe, sandwich bar and takeaway Wakefield Centre, UK
  • Status

    FOR SALE

  • Date Submitted:

    21/07/23

  • Advert ID

    516962

  • Leasehold: £40,000
  • Rent: £9,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Attractive Business
  • Price Reduced
  • Small Business
  • Adjacent to Multiple Retailers
  • New Lease
  • Prime Location
  • Planning Consent Available
  • Established Business
  • Town Centre location
  • Offers Invited
  • Potential for Alternative Use
  • Fully Fitted
  • Close to Local Amenities
  • Accounts Available
  • High Turnover

Business Details

Popular cafe, sandwich bar and takeaway Wakefield Centre, UK

  •  Popular cafe, sandwich bar and takeaway business 
  •  Established business achieving £90K per annum 
  • Currently operating weekdays 8am to 3.30pm 
  • Sale to include fixtures, fittings and goodwill 
  • Attractively presented and well maintained premises 
  • New 4 year lease in place at £750 pcm 
  • Ground floor retail unit and storage cellar 
  • Wakefield city centre location 
  • Busy high street position on Wood Street 
  • Close to council offices, colleges and station

*You can either book a viewing direct with current owners or via FSL Estate agents.*

PROPERTY PARTICULARS

 Bradleys of Wood Street is a popular and well established cafe, sandwich bar and takeaway business operating from attractive and well maintained ground floor premises on Wood Street in Wakefield. Rent and overheads are very reasonable for a busy high street location such as this and a new lease has been signed for the next 4 years. The premises offer approximately 37 square metres (395 square feet) of retail and kitchen space, plus additional basement cellar providing ample storage and staff toilet facilities. Outside seating is permitted by way of a pavement licence. 

BUSINESS DETAILS

 The business currently achieves £90K annual turnover operating weekdays 8am until 3.30pm, offering potential for any new owner to increase operating hours subject to satisfying any consents. The sale includes high quality fixtures, fittings and equipment including white goods and coffee machine. Copies of accounts are available upon request and a sample menu can be viewed on the business website www.bradleysofwoodstreet.co.uk 

ACCOMMODATION 

The premises comprise an open floor ground floor retail unit with serving counter and seating, and having kitchen facilities to the rear. In addition, there is a large storage basement with toilet facilities. The current owners advise that they have investigated the option to convert the basement to provide additional useable kitchen space. The premises are let by way of a 4 year internal repair and insure lease at £750 pcm which was renewed in March 2023. Further lease details are available upon request. 

LOCATION

The business is located on Wood Street within Wakefield City Centre. The location offers excellent passing trade, being close to the main council offices, colleges and railway station in addition to the numerous offices and businesses situated on the door step providing an extensive catchment area. On-street parking is available immediately outside the premises. 

RATEABLE VALUE The rateable value of the premises is £5400 effective from 1st April 2023. The business qualifies for small business rate relief therefore there are currently no business rates to pay.

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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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