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£45,000

SANDWICH BAR/BAKERY

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Country: UK
City: Tunbridge Wells
BUSINESS DETAILS:
LOCATION - Outstanding opportunity to acquire a well established business occupying prominent trading position, fronting a busy major road in the centre of a charming village on the outskirts of Tunbridge Wells. Established in excess of 60 years and well known by generations, this shop has many regular customers from, local residents, surrounding businesses, tradesman, and large number of motorists.

BUSINESS – Well established having been in the present hands for 7 years and now only being marketed as a result of the vendors other business interests. The business is currently staff operated and thus offers tremendous potential exists for an owner operator to increase takings with the introduction of outside catering.

TURNOVER – We are informed the overall turnover is in the region of £1,500-£2,000 pwk @ 65% GP in our opinion offering tremendous potential for further increase in the right hands with a running owner, business being currently run by staff only. The vendor suggests that the dividing wall between the retail and kitchen area can be knocked down to create a larger retail with seats, which will increase takings. Also tremendous potential exists to introduce buffets and outside catering.

HOURS – 7.30am - 4.00pm Mon – Fri
7.30am - 1.00pm Sat (Closed Sun)

STAFF - The business is at present staff operated with a full time and a part time staff. It will be appreciated on inspection that with an active husband and wife team, the wage bill could be reduced.

PREMISES – Two tables accommodating 4 covers to front.
Single fronted premises comprising of large Retail Area 400sq/ft, Suspended ceiling, fitted with 2 large serve over refrigerated counters, panini toaster, 2 microwaves, upright double door drinks chiller, electric cash register, tea and coffee boiler, wall mounted shelves and storage cupboard with worktops and various storage racks.
The Retail area leads to a large Kitchen fitted with professional baking oven, stainless steel tables for food preparation, upright storage fridge, storage cupboards and shelves, stainless still large sink, large deep chest freezer. To the rear of the kitchen there is a door leading to good size staff changing room and W.C.

TENURE – Approx 8 years remaining on original lease.

RENT - £6,000 PA (4 year reviews) BUSINESS RATES – £1,500 P.A. (Payable)
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