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Business for sale in United Kingdom - 8044de derby l/h 90000 caf & sandwich bar

Asking Price: 90,000 £ Real Estate: Lease
Business for sale – 8044de derby l/h£90000 cafÉ & sandwich bar
Sales Revenue: 1 £
Net Profit: 1 £
Year Established: 2001
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of Derby/Derby

Business types:

Accommodation & Food services

Business categories:

Sub & Sandwich Shops

Business description

Advent Business Sales have been instructed to offer for sale this popular and established caf and sandwich bar. Established in 2001, it is now reluctantly offered for sale due to the distance the vendor now has to travel to the business. The business operates from a four storey premises in the city centre with unusually low rent for its location. On the ground floor there is a 26 cover caf with sandwich bar and servery to the rear. Our client offers a range of hot/cold foods and drinks, sandwiches, jacket potatoes and coffee from a specialist coffee machine. There is a large preparation kitchen to the rear and to the first floor there is further preparation and storage area. To the second floor there is a suite of unused offices and to the top floor, there is a one bedroom studio flat. TRADING HOURS Mon Sat: 8.30am 4.00pm Sun: 10.00am 3.00pm EXPANSION POTENTIAL There is excellent potential for growth and expansion within this business, including open earlier in the morning as the business currently misses out on the office trade going to work from the bus stop. Outside catering which clearly the premises has space for but currently this side of the business is not offered. There is also potential to sub let the suite of offices to the second floor. FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: 3,550 Gross Profit: 80% Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES A 4 storey city centre premises with unusually low rent consisting of the following: Ground Floor Entrance leading into 26 cover caf area with chillers, servery and decorated to a high standard Doorway leading through into main preparation area fully equipped for purpose with exit door into rear yard and stairs to first floor First Floor Ladies and gents w/c s Preparation kitchen with stairs to second floor Second floor Staffroom Stockroom 3 unused rooms/offices Stairs to third floor Third floor Studio flat with separate bathroom External Service yard to rear Blocked paved pedestrianised zone to front TENURE: Leasehold Original lease: 10 years Remaining lease: 3 years Review every: TBC Rent: In the process of being reviewed. We are advised that the annual business rates are: 8,000(currently under review for reduction)

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: offered for sale due to the distance the
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Leasehold Original lease: 10 years Remaining lease: 3 years Review every: TBC Rent: In the process of being reviewed. We are advised that the annual business rates are: £8,000(currently under review for reduction)
Location: The business is ideally located in the city centre adjacent to the main shopping centre and the bus station affording it a high volume of passing footfall. There are excellent parking facilities with space to the rear for a vendor to park a vehicle and also 2 large multi storey car parks within 200 yards. Derby is a bustling East Midlands city with excellent transport links including access to the M1 via the A38.

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