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High Footfall Leasehold Sandwich Bar & Bakery For Sale in West Heath, Birmingham

Birmingham, West Midlands
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Leasehold Sandwich Bar & Bakery Located In West Heath Photo 1
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Leasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West HeathLeasehold Sandwich Bar & Bakery Located In West Heath
  • Status

    FOR SALE

  • Date Submitted:

    22/01/24

  • Advert ID

    605382

  • Reference

    2955 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £74,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Sandwich Bar & Bakery Located In West Heath

Leasehold Sandwich Bar & Bakery Located In West Heath
Ref 2955

Location
This established Sandwich Bar & Bakery is located in West Heath, Birmingham. Situated within a prominent and highly visible trading position on Alvechurch Road. The busy parade offers plenty of other complimentary retail shops with ample parking and a Tesco Express is nearby. All of which brings high levels of footfall to the area. There is also an abundance of residential houses within the immediate area.

Leasehold Asking Price £74,950 plus SAV (£2,500)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Sandwich Bar & Bakery which is located in West Heath. The business dates back 25 years when it used to be a Three Cooks bakery and has been in the careful hands of the current owner for the past 11 years. They are now offering the business for sale so that they can concentrate on other business interests.
Since ownership they have continually invested in new equipment along with 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. Snack Pals is overseen by the owner but operated mainly by 4 part time members of staff. For year ending 31st January 2023 they posted an annual turnover of £183,437 with an additional £35,000 net income coming from online portals Uber Eats, Deliveroo and Just Eat. They serve freshly cut, hot & cold sandwiches, baguettes, panini’s, salad boxes, Jacket potatoes, savouries, fries, cakes, biscuits, crisps, teas, coffees and cold drinks.
We believe that there is further potential to increase trade should you wish by having an owner operator at the helm and by extending the opening times. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passers by. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday – Friday – 08:30 – 16:30
Saturday – 09:00 – 16:00
Sunday – closed

Leasehold
Original term: 15 years
Remaining: 5 years
Rent: £7,800 pa
Rates: currently zero

Ground Floor
Takeaway comprising: serve over chilled glass display counter, wall mounted menu board, crisp display unit, upright drinks fridge (Coca Cola), serve over hot food counter, EPOS till system, panini press (Adexa), milk frother, hot water urn, saladette with 3 door undercounter fridge (Gastro-line), saladette with marble worktop (Blizzard), storage unit 2 x turbo fan ovens (Blue seal), extraction canopy, metal worktop with cooling racks, 4 pot wet bain-marie, 2 x stainless steel tables and an air conditioning unit.
Preparation room with CCTV monitor, worktops, dual deep fat fryer, 2 x domestic microwaves (Panasonic), 3 x wall mounted shelves, chest freezer (Gram), chest freezer Haier), small chest freezer (Fridgemaster), 2 x upright stainless steel freezers (Williams), upright stainless steel freezer (Polar), stainless steel wash basin and electric water heater (Triton).
Pot wash room with dual stainless steel sink, hot water heater (Triton), stainless steel table with commercial can opener, 4 x wall mounted shelves, wash basin, hot water heater (Aqua) and cloak area.
Staff W/C.
Storeroom with 2 x storage units and rear exit door.
The premises benefits from CCTV (5 camera system) and electric roller shutters to the frontage.

First Floor
Kitchen with wall & base units, stainless steel sink, undercounter fridge (Fridgmaster), electric 4 ring hob/oven (Indesit) and wall mounted storage heater.
Single bedroom with wall mounted storage heater.
Double bedroom with wall mounted storage heater.
Bathroom with shower cubical, electric shower (Gainsborough), W/C, wash basin and wall mounted mirror.

External
Shared rear yard with bin area.
Read more

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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.

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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.

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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.'.

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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.

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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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