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Leasehold Sandwich Bar Located In Central Birmingham For Sale

Birmingham, West Midlands, UK
Asking Price:
£19,950 Furniture / Fixtures included
Turnover:
£78,000
Net Profit:
Available on request

Leasehold Sandwich Bar Located In Central Birmingham. Established business. Low overheads; ideal starter business.

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 investments in equipment, along with fixtures and fittings which are all bought, paid for and included within the sale price. Rustic is overseen by the owner but mainly operated by two full-time members 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 and 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 passersby. 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.

Property Information

Property:

Leasehold

Lease Terms:

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

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.

Premises Details:

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).

Energy Performance Rating:
D

Business Operation

Reasons for selling:

Retirement

Trading hours:

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

Years established:
20 years

Other Information

Inventory / Stock value:
£500