This is a long-established sandwich shop, trading over 25 years, from highly visible premises on Victoria Embankment.
The unique and attractive premises are conveniently located on the Meadows side of the bridge in the old Toll House building that still retains the sign detailing the different toll costs to cross the bridge. The location benefits from high footfall, from both regular and new customers. This business has always enjoyed a good reputation for friendly service, quality of food and value for money. This excellent business is available for sale due to a change in the vendor's circumstances.
KEY INFORMATION:
Price: £49,995
Tenure: Leasehold.
Term: A new lease will be made available (subject to satisfactory referencing).
Rent: Low rent of £1,062.50 per quarter A nominal rent increase is expected and the potential to pay monthly.
Premises: Prominent location on Victoria Embankment.
Rates: £Nil currently with SBRR.
The business commands a prominent location, just a few 100 yards away from the Meadows Embankment Tram Stop. Victoria Embankment is a busy area for walkers, cyclists & joggers, rowers, families, students, sports teams and local residents. There are local office buildings and an array of nearby schools. The Victoria Embankment Paddling Pool is just a 8-10 minute walk away. Since reopening, the paddling pool has proved to be very popular, attracting more families to the area, especially on weekends and school holidays. The area also attracts festivals in the summer months, Robin Hood Marathon and football / cricket footfall. On road car parking is available on a nearby side street.
The business. A daytime hot and cold food Sandwich Bar, serving breakfasts, sandwiches, cobs, salads, jacket potatoes, toasties, sweet treats, drinks, snacks and seasonal products.
The business benefits from a wide customer base, including locals, students, commuters, passers-by enjoying a walk along the River Trent. There is growth potential with the business including offering catering services, seeking regular workplace lunch orders, approaching local sports teams, nearby offices and schools that use the river and local parks, providing takeaway children’s lunch packs during the school holidays, extending the opening hours, providing takeaway Sunday lunches, signing up to delivery platforms such as Uber Eats, Deliveroo & Just Eat etc;
The premises. This is a compact yet well fitted and equipped shop including all equipment necessary to run the current operations. All equipment, including a bean to cup coffee machine, is included in the sale debt free. The premises consist of the ground floor retail area and kitchen, a basement (currently unused) and a first-floor prep kitchen/staff room, storage area and staff WC. The kitchen is large enough for two people to work comfortably, with the added bonus of a large 1st floor kitchen for prepping larger orders and/or catering orders. External seating for 8 people. Parking permits can be arranged with the council for the new tenants.
A full schedule of fixtures and fittings will be made available to serious potential purchasers.
Sales. Please request an NDA if you wish to view the accounts.
Staff. 1 full time and 1 part time member of staff.
Trading hours. 7 days a week: 8:00am to 2.00pm, Monday to Friday. Saturday & Sunday 9:00am to 2.00pm.
Stock level. To be taken at valuation. Stock levels vary. Estimate under £1,000.
Services. All main services are connected (excluding gas).
VIEWING is strictly by appointment through the agents. By all means view the property discreetly, but on no account contact any of the staff or the vendor direct (this is at the request of the vendor).
Summary. Bridge Sandwich Bar has served the local community and customers from further afield for over 25 years. New owners will benefit from the established customer base and their new energy could capitalise on the opportunities available. The business enjoys an excellent trading position and whilst it is compact, this is reflected in the low rent. This turnkey business is not expected to be on the market for long.
For the full sales particulars, to arrange a viewing or for further information please complete the enquiry form.
