No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£49,950
Added > 14 days

Takeaway for sale

Leasehold Independent Sandwich Bar & Coffee House Located In Leamington Spa
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Takeaway
0 bed
0 bath

Property description & features

  • Leasehold
  • Sandwich Bar & Coffee House
  • Low Overheads
  • Easy To Operate
  • Further Potential
  • Ideal Starter Business

Leasehold Independent Sandwich Bar & Coffee House Located In Leamington Spa
Low Overheads
Ref 2819

Location
This delightful Sandwich Bar & Coffee House is located in Royal Leamington Spa. Situated within a prominent and highly visible trading position on the high street. The immediate area offers other retail businesses along with industry and an abundance of residential properties, all of which bring high levels of footfall to the area. The town boasts wide boulevards, Georgian and Edwardian architecture, award-winning parks which provide a sophisticated backdrop to this Regency shopping paradise. Often described as 'the best bits of London, all in a ten-minute walk', Leamington town centre combines a treasure-trove of independent, specialist boutiques with all the national chains you would expect to find in a large city. With an impressive array of entertainment venues, a rich choice of restaurants and some of the country's best spas and salons, we're certain you will find it one of the most appealing towns in the UK.

Asking Price: £49,950 plus SAV(£300)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Sandwich Bar & Coffee House which is located in the highly desirable and affluent town of Royal Leamington Spa. The business was established by our client 2 years ago and is reluctantly being offered for sale due to their desire to relocate overseas.
Since ownership they have refurbished, redecorated and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Sandwich House is owner operated with the help of 1 part time member of staff and has an annual average weekly turnover of £3,000. Most of the trade is walk in with just £400-£500 per week deriving from the online delivery portals Just Eat, Uber Eats and Deliveroo. They serve a fine range of freshly cut sandwiches & baguettes, wraps, burgers, toasties, salad boxes, jacket potatoes, confectionery, cold drinks, teas and specialist coffees.
We believe that there is further potential to increase trade should you wish by extending the current opening times, offering outside catering to local offices and businesses and by turning the online delivery portals on more often. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a readymade business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - Friday - 9:00am - 5:00pm
Saturday & Sunday - closed

Leasehold
Term: New lease available
Rent: £6,600 pa
Business rates: zero

Ground Floor
Retail area comprising: breakfast bar style seating area for (3), wall mounted metal crisp display rack, upright drinks fridge, serve over sales counter with EPOS till system, saladette (Polar, 3 door undercounter fridges (Combi steel), 2 plastic bread cabinets, griddle (Empire), panini press (Chef-hub), extraction hob (Ciarra), 2 wall mounted metal shelves, 11 x ceiling mounted menu boards, 2 wall mounted menu blackboards, bean to cup coffee machine (Delonghi), 2 x microwaves (Comfec), 4 slice toaster, panini press (Salter), portable prep table, wall mounted insect zapper (Xterminate) and a portable heater/air-con machine.
Pot wash area with upright fridge (Bush), chest freezer (Bush), stainless steel double sink drainer with directional hose, stainless steel wash basin, stainless steel table, 5 x wall mounted draining racks, microwave and boiler for the hot water (Sanitcam).
Preparation room with worktop, storage shelves, wall mounted storage shelves, sink drainer, wall mounted paper towel dispenser, kettle and water heater (Triton).
W/C with wash basin and water heater (Triton).

Basement
One storeroom below ground level.

External
Rear yard/garden.
EPC rating E

Places of interest

    Request viewing/info
    Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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    *DISCLAIMER

    Property reference 2819. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.