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Leasehold Sandwich Bar in Attleborough, Nuneaton for Sale at £39,950 Plus Stock

Nuneaton, Warwickshire
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Leasehold Sandwich Bar Located In Attleborough, Nuneaton Photo 1
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Leasehold Sandwich Bar Located In Attleborough, NuneatonLeasehold Sandwich Bar Located In Attleborough, NuneatonLeasehold Sandwich Bar Located In Attleborough, NuneatonLeasehold Sandwich Bar Located In Attleborough, NuneatonLeasehold Sandwich Bar Located In Attleborough, NuneatonLeasehold Sandwich Bar Located In Attleborough, NuneatonLeasehold Sandwich Bar Located In Attleborough, NuneatonLeasehold Sandwich Bar Located In Attleborough, NuneatonLeasehold Sandwich Bar Located In Attleborough, NuneatonLeasehold Sandwich Bar Located In Attleborough, NuneatonLeasehold Sandwich Bar Located In Attleborough, Nuneaton
  • Status

    FOR SALE

  • Date Submitted:

    16/11/23

  • Advert ID

    602722

  • Reference

    2942 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £34,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Sandwich Bar Located In Attleborough, Nuneaton

Leasehold Sandwich Bar Located In Attleborough, Nuneaton
Only Trades Tuesday - Friday
Ref 2942

Location
This well established Sandwich Bar is located in the village of Attleborough in the market town of Nuneaton, Warwickshire. Situated within a prominent and highly visible trading position on the Square in the main village centre. The immediate area offers other retail businesses, industry and an abundance of chimney pots all of which bring decent levels of footfall to the area. Nuneaton town centre is within (1 mile).

Leasehold Asking Price: £34,950 plus SAV (£1,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Sandwich Bar which is located in Attleborough, Nuneaton. The business has been established for circa 35 years and has been in the careful hands of our client for the past 4 months. The business is now being offered for sale due to unforeseen personal circumstances.
Since ownership they have made continual investment in new equipment, along with all fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Mrs Parkers is owner operated with the help of 1 part time members of staff and has an average weekly turnover of £1,900 which is from only 6 hours trading Tuesday – Friday. There is some additional income from outside catering. They serve a fine range of breakfasts, breakfast sandwiches & baguettes, cold sandwiches, salads boxes, jacket potatoes, coffees, teas, confectionery and soft drinks. All food can be eating inside or simply taken away.
We believe that there is a potential to increase trade, should you wish to extending the current opening times and days, and by building the outside catering & buffets side of the business. They have recently joined the online deliver portals Just Eat & Uber Eats but are not really pushing this part of the business despite enjoying fantastic reviews from customers on these platforms. They enjoy 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 with plenty of potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Tuesday – Friday – 08:00 – 14:00
Saturday – Monday – closed

Leasehold
Lease term: 10 years
Remaining: 9.5 years
Rent: £9,177.50p pa
Reviewed: 5 yearly
Business rates: zero

Ground Floor
Takeaway comprising: tables & chairs to cover (8), wall mounted menu boards, confectionery display cabinet, 2 door drinks fridge, serve over sales counter, cash register (Sam4’s), tabletop drinks chiller, worktops, 2 x chest freezers, coffee machine (Sage), milk frother (Dualit), jacket potato oven, 2 x wall mounted shelves, gas oven (Barlett Sabre), extraction canopy, 2 x 4 pot wet baine-marie’s, griddle (Buffalo), microwave, second extraction canopy, 4 slice toaster, wall mounted paper towel dispenser, induction hob, stainless steel wash basin, stainless steel table, dual stainless steel sink, electric water heater (Hyco), sandwich toaster (George Foreman), upright fridge (Interlevin), portable trolley and a range of plates & cutlery.
Small storeroom with 5 x wall mounted shelves. Hallway with rear exit door.
Staff W/C with wash basin, wall mounted mirror and wall mounted paper towel dispenser.
First Floor
Office and storeroom with storage racking, upright fridge (Whirlpool), upright freezer (Bush), upright freezer (Beko) and meat slicer.
Storeroom with food warming cabinet, 4 x microwaves and storage unit.

External
Frontage with external seating for (4). Rear yard with bin area and metal storage shed.

EPC Rating D

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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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