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High Footfall Leasehold Sandwich Bar in Central Birmingham up for Sale

Birmingham, West Midlands
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Leasehold Sandwich Bar Located In Central Birmingham Photo 1
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Leasehold Sandwich Bar Located In Central BirminghamLeasehold Sandwich Bar Located In Central BirminghamLeasehold Sandwich Bar Located In Central BirminghamLeasehold Sandwich Bar Located In Central BirminghamLeasehold Sandwich Bar Located In Central BirminghamLeasehold Sandwich Bar Located In Central BirminghamLeasehold Sandwich Bar Located In Central BirminghamLeasehold Sandwich Bar Located In Central Birmingham
  • Status

    FOR SALE

  • Date Submitted:

    23/01/24

  • Advert ID

    605471

  • Reference

    2956 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £19,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Sandwich Bar Located In Central Birmingham

Leasehold Sandwich Bar Located In Central Birmingham
Ref 2956

Location
This stablished Sandwich Bar is located in central Birmingham. Situated within a prominent and highly visible trading position on Livery Street . The surrounding area offers an array of businesses, offices, large retailers, bars and restaurants all of which bring high levels of footfall to the area. The city of Birmingham is a vibrant diverse city and a cultural capital offering world class business facilities. Birmingham is firmly established as the UK’s second city with a population of 1.1 million, making it the largest regional centre in the UK. The area is well connected with Snow Hill and New Street stations being within a short walk, in addition to a number of bus stops and the Midland Metro. In close proximity you have the new Paradise development which will see a number of new restaurants and bars coming to the City.

Asking Price Offers Over £19,950 plus SAV (£500)

Business Description
Veritas Business sales are delighted to offer to the market this respected Sandwich Bar which is located in Birmingham city centre. The business was established by our client 20 years ago and is now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have made continual investment in equipment along with fixtures and fittings which are all bought and paid for and included within the sale price. Rustic is overseen by the owner but mainly operated by 2 full time members of staff and has an average weekly turnover of £1,500. The business would suit an owner operator as the staff will not be transferring. They serve breakfast sandwiches & baguettes, freshly cut cold sandwiches, jacket potatoes, salad boxes, hot lunch boxes, hot and cold drinks.
We believe that there is further potential to increase revenue by having an owner operator at the helm and by extending the current opening times. They have a strong reputation within the local community and beyond and enjoy a high level of regular and repeat trade along with many passers by. This is a superb opportunity to purchase an established turnkey business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday – Friday – 07:30 – 14:00
Saturday & Sunday – closed

Leasehold
New lease to be agreed
Rent: £8,000 plus vat pa
Business Rates: currently zero

Ground Floor
Takeaway comprising: breakfast bar seating for (2), slimline drinks fridge (Coca Cola), serve over chilled deli counter and serve over hot food counter.
Kitchen with upright fridge (Sterling), 2 ring induction hob (Abode), stainless steel wash basin, stainless steel table, griddle, 2 x 4 slice toasters, stainless steel double sink, metal trolley, stainless steel table, convection oven (Falcon), stainless steel worktop with storage cupboards below, microwave (Whirlpool), extraction canopy and wall mounted metal shelf.
W/C with wash basin, cloak area and electric fuse box.

External
Electric roller shutter opening leading to parking space for (1).

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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The data showed regarding this advert 'Leasehold Sandwich Bar Located In Central Birmingham - 2956 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.