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Sandwich Franchise Outlet In Morpeth For Sale

Morpeth, Northumberland, UK
Asking Price:
£65,000 Furniture / Fixtures included
Turnover:
£171,600
Net Profit:
Available on request

• Sales in the region of £3,300 weekly.
• Well established business in prominent location.
• Well fitted & equipped unit.
• Currently run under management.
• Excellent scope for couple or partnership.
• Permitted to trade late.
• EPC Rating - E.
• Leasehold - £65,000 plus stock at valuation.

Property Information

Property:

Leasehold

Lease Terms:

Held on a 15 year lease from 2011 at a passing rental of £20,500 per annum plus VAT with a rent reviews and break clause every 5th anniversary.

Leasehold Rent:

£20,500 per annum

Location:

The franchise began trading from this location over 14 years ago and is now very well established in the town benefitting from a busy retail position on a main junction. Our client is disposing of the outlet as they are growing their franchise network in the south of the region.

Premises Details:

Comprises a ground floor retail unit which has been remodelled and is fully fitted for the trade.

Energy Performance Rating:
E

Business Operation

Trading hours:

Permitted to trade late.

Employees:
Currently run under management.

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

A franchise fee of £4,400 is payable to SUBWAY which covers the transfer and 2 week training course.

Other Information

Support & training:

Training course is provided.

Contact North East Commercial

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