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Subway Franchise In Southwick Sunderland For Sale

Sunderland, Tyne and Wear, UK
Asking Price:
£79,500 Furniture / Fixtures included
Turnover:
£300,000
Net Profit:
Available on request

• Sales £300,000 per annum.
• Currently operated under management.
• Spacious premises of circa 1,300 sq.ft. (120 sq.m.).
• Situated within an established shopping area.
• High levels of captive & passing trade.
• Well-established fully fitted & equipped outlet.
• LEASEHOLD PRICE - £79,500 plus SAV

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on lease for a term of 15 years from August 2016 at a rent of £9,000 per annum. Details on application.

Leasehold Rent:

£9,000 per annum

Location:

The premises are located within a busy secondary shopping area benefitting from high levels of captive and passing trade.

Other nearby retailers include B&M Home Store, Heron Foods, William Hill, Lifestyle Express & The Post Office. There have also been plans approved for a new Tesco development nearby which should increase footfall to the area.

Premises Details:

This unit is located in the heart of a very busy shopping area and with high levels of both locals and shoppers trade. The premises are spacious and incorporate seating for up to 30 covers and the seating area is a pleasant, modern space.

Subway provide a strong, identifiable corporate image that is backed up with marketing support and guidance from a Head Office team. For this support, and including the aggressive media marketing, the franchisees pay a fee which equates to circa 12.5% of the turnover.

Premises:

Comprises an extensive ground floor lock up retail unit fully fitted and equipped for the franchise. The GIA extends to 1,290 sq.ft. (119.9 sq.m.).

Size in square feet:
1,290
Energy Performance Rating:
D

Business Operation

Trading hours:

Monday - Saturday 9.00am - 8.00pm
Sunday 9.00am - 6.00pm

Employees:
Run under management.

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

There is a franchise fee of up to £8,000 payable to Subway to cover their legal costs, the assignment of the lease and a training course (if required).