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Fully Equipped Sandwich Bar in Bournemouth Dorset Shopping Parade with Low Overheads for Sale

Bournemouth, Dorset
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Sandwich Bar in Shopping Parade - Low OverheadsSandwich Bar in Shopping Parade - Low OverheadsSandwich Bar in Shopping Parade - Low OverheadsSandwich Bar in Shopping Parade - Low OverheadsSandwich Bar in Shopping Parade - Low OverheadsSandwich Bar in Shopping Parade - Low Overheads
  • Leasehold: £14,950 (Stock at valuation)
  • Rent: £5,400
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Accounts Available
  • Established Business
  • Town Centre location
  • Fully Fitted

Business Details

Sandwich Bar in Shopping Parade Low Overheads

Goadsby Commercial present popular sandwich bar in current ownership for 2 years. Low and affordable overheads - rent currently £5,400 per annum. Perfect owner operator business. Fully fitted and equipped. Owners relocating abroad - hence reluctant sale.

LOCATION
Prominent corner location on busy shopping parade close to schools. Free time limited customer parking to the front of parade. Bournemouth Town Centre approximately 2½ miles.

ACCOMMODATION
Sandwich Bar. Kitchen. Owners Cloakroom.

DESCRIPTION
Through door into Sandwich Takeaway with laminated floor, 3 seats, glass fronted chiller display cabinet. Kitchen/Preparation with 4 hob double oven, work top surfaces, 2 deep fat fryers, extraction fan, Tefal grill, Bush fridge, small freezer, single drainer single bowl stainless steel sink unit, blender, upright fridge freezer, upright freezer, coffee machine (on rental agreement), shelving, microwave, price menu display board. Concertina door into Cloakroom with wash hand basin, hot water heater over, door into low level WC.

TRADING & BUSINESS
The owners have provided us with accounts that show in the year ending 31st March 2023, a turnover of £52,707 excluding VAT was achieved. The current owners trade from 8.30am until 3.30pm Monday to Saturday inclusive and offer sandwiches, drinks and a selection of Greek food. It is felt by the owners that the turnover could be increased by opening longer hours (including evenings) and by utilising social media and delivery platforms such as Just Eat and Deliveroo to increase the turnover. Accounts can be made available to genuinely interested purchasers.

TENURE
LEASEHOLD. The owners inform us that they were originally provided with a 2 year lease and that they have recently spoken with the landlord who is prepared to grant a new lease subject to satisfactory references and approval of the tenant. We have been informed that the annual rent is currently £5,400 per annum, exclusive. We have not had sight of this lease documentation.

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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.

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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.

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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.

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.'.

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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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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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