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Sandwich Bar In South Shields For Sale

South Shields, Tyne and Wear, UK
Asking Price:
£15,000 Furniture / Fixtures included
Turnover:
£52,000
Net Profit:
Available on request

• Sales in the region of £800 - £1,000 per week.
• Fully fitted & equipped for the trade.
• No deliveries or outside catering.
• Scope to extend trading hours.
• Shop extends to circa 242 sq.ft. (22.4 sq.m.).
• Busy main road position with free parking to rear.

Property Information

Property:

Leasehold

Lease Terms:

We are verbally informed that the premises are held on a 5 year FRI lease from early 2019 with a current rent of £5,200 per annum and no rent reviews or breaks within the term. Interested parties should seek legal confirmation of this.

Leasehold Rent:

£5,200 per annum

Location:

The shop fronts onto Dean Road at its junction with Byron Street and there are good levels of captive trade together with passing trade generated by the Metro Station and local college. Free car parking is available to the rear of the shop.

Premises Details:

This address has been a sandwich bar and food outlet for a number of years and has been refurbished and modernised by the current owners over the last 2 years.

The shop unit is pleasantly set out and well equipped with modern fixtures and fittings and there is room for a couple of internal seats should a new owner choose to incorporate them. The current menu offers a range of hot and cold sandwiches, homemade cakes and savouries, plus soft drinks, teas and coffees. The homemade fare is very popular and keeps overheads down and profits up. There are good levels of captive trade, particularly from the doctors and dental surgery nearby, and some passing trade is generated by the main road location.

This business would be an ideal 1st time venture for a couple or partnership and offers scope to extend the opening hours and develop other elements.

Energy Performance Rating:
E  View EPC Graph for this property

Business Operation

Reasons for selling:

retirement

Trading hours:

Monday - Friday 8.00am - 2.00pm
Saturday 8.00am - 12.00pm
Sunday CLOSED

Employees:
Owner operated

Other Information

Contact North East Commercial

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