Profitable Sandwich Bar in North Devon

  • Leasehold Price: £19,500
Barnstaple, Devon, England
For Sale

Profitable Sandwich Bar in North Devon

Barnstaple, Devon, England
  • Leasehold Price: £19,500

Description

Location

Barnstaple is North Devon’s largest town located 40 miles northwest of Exeter with a resident population approaching approximately 30,000 and an estimated catchment population of approximately 82,000 persons, with a further significant boost through tourism.

Situation

The premises are located within the Queens House Business Centre in Queen Street, Barnstaple. The Centre occupies an impressive 4-storey building and is ideally located in Barnstaple Town Centre, next to the main bus station. With over 30 Offices and Shops at Queens House Business Centre, there is an extensive range of tenants from small independents to International Businesses. This provides an ‘in-house- trading opportunity for the “Corner Sandwich Bar” and there are several other shops and offices in Queen Street as well as other Town Centre Businesses and Shoppers. This prestigious commercial building occupies a prominent position in the heart of Barnstaple near to the main Bus Station and Queen Street car park. The premises are ideally placed for convenience and are within level walking distance of all High Street amenities.

Customers can either opt for a take-away service or enjoy dining at one of the pavement tables located outside the premises.

The Premises

A lock up takeaway unit which provides around 165 sq. ft space. The premises are ‘L’ shaped, 16’7’’ x 7’ 8’’ plus 7’1’’ x 5’3’’. Nearby is a Freezer Room/Stock Room and Dry Goods store. 1 x Car Parking space located to the rear of Queens House which is a great asset to bring deliveries to the premises.

Internal Details

The Business is being sold fully equipped and a detailed inventory will be prepared on agreement of sale.

The Business

The Corner Sandwich Bar has traded successfully for many years and in our client’s hands since summer 2019. Run by two ladies, both now wish to retire hence the genuine reason for this sale. This catering outlet could be successfully run on a single-handed basis, with staff if/ when needed. Current opening hours are 7.30am – 2.00pm, Monday – Friday. These hours could naturally be extended if desired. The existing menu includes a variety of hot & cold food and beverages. We consider that no specific previous catering training is required to operate this business – just a hard-working attitude and an ambition to take this business forward. Future trading potential would certainly include Saturday/Sunday/Evening opening, more tables outside on undercover area owned by Landlord not Town Council, room to extend the scope of outside catering/buffet contracts, introducing UBER EAT, JUST EAT deliveries etc.

Trading Information

Information on current trading levels will be provided to genuinely interested parties.

The Lease

The premises are held on a lease dated 5 November 2009 for a term of 21 years. The tenant is responsible only for internal repairs and decoration and the annual rent is currently competitively set to £5,820 per annum. A copy of the lease is available for inspection.

Viewing

No direct approach is to be made to the business. For an appointment to view please contact Dean Warmington on 01271 378731 or 07971 830881

Email dean@underwoodwarmington.com

Trading Hours:
7.30 - 2.00 5 days
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

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