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Sandwich Bar And Deli In Wearside For Sale

Wearside, Tyne and Wear, UK
Asking Price:
£49,950 Furniture / Fixtures included
Turnover:
£150,000
Net Profit:
Available on request

• Sales currently circa £3,000 weekly.
• Only trading 5 days per week.
• Pleasant, modern commercial estate location.
• Immaculate, fully fitted premises.
• £9,840 per annum income from sublet.
• Genuine retirement sale.
• LEASEHOLD £49,950 plus stock.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a 5 year lease from 2020 with a passing rent of £17,250 per annum and a rent review due in October 2023.

Part of the unit is sublet at £820 pcm (£9,840 per annum) and this significantly reduces the rent commitment of the business. Full details on application.

Leasehold Rent:

£17,250 per annum

Location:

Expanding commercial district within City confines.

Premises Details:

Modern fully fitted and equipped premises.

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement sale.

Trading hours:

5 days only. Scope to open at weekends or supply outside catering.

Employees:
Owner plus 3 staff.
Years established:
Over 10 years.