Excellent Trading Location in a Very Busy Local Shopping Centre
Well Presented & Fitted
Well Established Business
Realistically Priced at £19,500 Leasehold
Description and Trade:
This well fitted and attractively presented shop has a desirable trading location in a very busy Shopping Centre. The centre has a large free car park for customer parking.
The shop sells a comprehensive range of food to go i.e. hot and cold sandwiches, jackets, salads, cakes, hot and cold drinks etc etc.
The Sales Area (6.5m x 5.2m) is well fitted for the trade and has a suspended ceiling with concealed lighting and seating for about 10 persons. Fixtures and fittings include two display cabinets, hot food display cabinet, double upright drinks chiller, hot drinks dispenser, commercial oven, griddle, toaster, microwave, wall cupboards, cash register etc. CCTV is installed. There is also outside seating for customers.
Leading to a well fitted Kitchen having two upright fridges, two upright freezers, wall and floor cupboards, formica work surfaces etc. To the rear is a doorway giving access to the large car park.
Internal stairs lead up to a spacious Stock Room/Office (9.3m x 5.2m) having a large office desk and further refrigeration equipment. There are also w.c facilities.
There is no living accommodation.
A well-established business that has been in the present owner’s hands since 2010 and is largely staff operated, giving obvious scope for a new owner operator.
Our Client Informs Us That:
Takings and Profitability:
Annual Sales are around £130,000 with the usual high gross margins associated with the trade.
In 2016/17 the sales were £165,000. They have only dropped due to the owner having to commit time to his other business interests thus leaving this shop largely staff operated.
7.30am – 4.00pm Monday to Saturday
Leasehold. Held on a 12 year lease from 10/2013 at a present rent and service charge of £10,452 per annum. There is a lease break clause for 2019 & 2022.
£19,500 plus stock at valuation for the lease, business, fixtures and fittings.