Sandwich Shops for sale in Stoke-on-Trent

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Popular Oatcake & Sandwich Bar - Stoke-On-Trent

Stoke-on-Trent, Staffordshire, England

  • Leasehold Price: £49,995
  • Annual Turnover: £71,161
  • Annual Gross Profit: £48,824
Seller Reference: 6729
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Business Description
 
 
 
 
 
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Seller Reference: 6729
Request Details
Business Description
Prominent Corner Trading Location
Latest Accounts To 30 April 2018
Annual Turnover £71,161
Gross Profit £48,824
Accounts Available After Viewing
New Lease To Be Negotiated
Low Rent of £161.50 Per Week
Well Equipped & Presented
Close To Bet365 Football Stadium
5 Star Food Hygiene Rating
Free Parking In Immediate Area
Could Accommodate A Variety Of Cuisines
EPC - D
REF 6729 – Leasehold Oatcake and Sandwich Bar

Blacks Brokers are pleased to bring to the market this leasehold oatcake & sandwich bar located in a busy area of Stoke On Trent, Staffordshire.

INTRODUCTION

Hungry Potter has been trading on Whieldon Road for over ten years with our client in ownership since 2013. The business has become very well known and has an excellent reputation in the area with a large base of regular customers, a five star food hygiene rating and many superb online reviews noted on Google, Trip Advisor, Facebook and Yell.com.

LOCATION

The business is positioned on a busy main road in a residential area. Neighbouring businesses include a fish & chip shop and a popular convenience store. The area is well linked by the M6, A50 and A500 with Stoke Railway Station close by and free parking in the immediate vicinity.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The lease will be fully negotiated with our client upon sale of the business, it will run at a cost of £161.50 per week.

BUILDING LAYOUT AND DESIGN

Hungry Potter operates from the ground floor of a spacious, corner property. The business is well branded with large signage displayed to both sides and has a welcoming corner main entrance. Inside, the servery area is presented traditionally with counter and drinks fridge. The servery has a preparation area behind with a fully equipped kitchen to the rear – this is fitted with a commercial gas oven, Victorian hot plate, commercial microwave, hot cupboards and much more. There are also toilet facilities, staff room and store room.

STAFF

The business is currently operating with three part time members of staff in employment supporting one of the two owners on a full time basis.

FINANCIAL DETAILS

Hungry Potter has traded well during the last six years. We are advised that the business currently has annual turnover of £100,000 with gross profit of £60,000. Full financial details are available after viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business occupies a superb trading position on a busy main road. There is plenty of scope to develop the business further with some modernisation and expansion of the menu. New opening hours to include “tea time” would be beneficial to the business however, you would need permission from the local council to do this beforehand. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Victorian Hot Plate (Baxter)

Commercial Gas Oven

4 Pan Bain Marie x 2

Electric Hot Plate

Commercial Microwave x 4

Casio Till

Hot Cupboard x 2

Glass Display Chiller

Large Salad Bar

Dualler Toaster x 2

Bag Sealer x 2

Urn

Kettle

CCTV (4 points)

Large Commercial Freezer

Under Counter Fridge x 2

Commercial Cheese Grater

Fryer

Sinks x 4

Washing Machine

Dryer

Commercial Freezer

Walk In Fridge

Scales

Safe
Trading hours:
MON - FRI: 07:00 - 13:45
SAT: 07:00 - 12:45
SUN: CLOSED
Tenure:
Leasehold
Location Details:
Stoke-on-Trent
Leasehold Term:
£161.50 Per Week
Listed by:
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