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Sandwich Bar In Gateshead For Sale

Gateshead, Tyne and Wear, UK
Asking Price:
£65,000 Furniture / Fixtures included
Turnover:
£260,000
Net Profit:
Available on request

• Sales £4,000 - £5,000 weekly with strong margins.
• 5 day trading week with weekend potential.
• Ideal opportunity for a couple or partnership.
• Modern, fully fitted and equipped unit.
• Prime retail, office and industrial estate location.
• Scope to introduce other services.

Property Information

Property:

Leasehold

Lease Terms:

We are verbally informed that the premises are held on a 3 year lease from 2020. The current rent is £9,000 plus VAT including service charges and a copy of the lease will be available on request.

Leasehold Rent:

£9,000 per annum

Location:

The premises are located within the original shopping parade built to serve the ever popular Team Valley Trading Estate. The Estate is the North East’s premier commercial location covering 285Ha (704 acres) and providing in excess of 650,000 sq.m. of office, retail and industrial space.

The shopping centre is located in Douglas Court which is a sequence of small industrial courtyards at the southern end of the Estate all of which have their own designated car park.

Premises Details:

This is a long established and very reputable sandwich business which has been in our clients’ ownership for the past 15 years. The business has a 5 star local authority hygiene rating and has been placed on the market as our clients wish to retire.

The premises are spacious and configured to provide a waiting and service space plus a large separate prep area to the side. The current menu offers a range of salads and paninis along with a broad selection of hot and cold drinks. Our client also offers a range of hot meals such as curry, chilli and chicken dishes and these are particularly popular during the winter months. There is scope to develop the menu further and to extend the trading hours and, in particular, by opening on a Saturday where there is likely to be a genuine demand.

New owners could offer other services, such as outside catering or delivery rounds, and the business is a rare to the market opportunity with strong profit margins and potential to grow in the right hands.

Size in square feet:
957

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday - Friday 7.30am – 3.00pm
Saturday & Sunday closed

Employees:
Operated by our clients (2) with the help of 4 staff (1 full time and 3 part time).
Years established:
15 years plus

Other Information

Home based:
This business can be run from home.

Contact North East Commercial

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