Leasehold Sandwich Bar & Caterers Located In Edgbaston
Google Rating # 4.9
Ref 2843

Location
This established Sandwich Bar & Caterers is located in the ever expanding and affluent area of Edgbaston, Birmingham. Situated on Greenfield Crescent within Edgbaston Village which is a Premier mixed use retail and leisure complex, boasting six new ground floor retail units, grade A offices and premier student apartments above. The area is gives a vibrant atmosphere during the daytime, evenings and weekends.

Leasehold Asking Price: £134,950 plus SAV (£2,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Sandwich Bar & Caterers which is located in Edgbaston. The business has been established for 12 years and has been in the careful hands of the current owners since February 2017. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually 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. Village Kitchen is owner operated by a husband & wife team with the help of 2 full time member of staff and has an annual turnover of circa £280,000 net of vat. Approximately £200,000 is taken from the Sandwich Bar with the remaining £80,000 deriving from business lunches and buffets. They serve breakfast sandwiches, breakfast boxes, freshly cut hot & cold sandwiches, paninis, toasties, homemade soup, bake-off products, salad boxes, jacket potatoes, speciality coffees, tea, cold drinks, confectionery and crisps which can be eaten in or taken away.
We believe that there is further potential to increase trade by opening weekends and extending the current opening times. The business enjoys 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 turnkey business where all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - Friday - 7:45am -2:30pm
Saturday & Sunday - closed

Leasehold
Term: 5 years
Remaining: 4 ½ years
Rent: £17,500 pa
Service charge: £368 plus vat pa
Business Rates: zero

Ground Floor
Retail area comprising: serve over chilled display counter, tables & chairs to cover (8), multi-deck drinks chiller, crisp display boxes, sales counter with cash register (Uniwell), portable trolly, serve over cake display counter, wall mounted menu blackboards, 2 x wall mounted shelves, espresso coffee machine (Fracino), coffee grinder (Fracino), wall mounted storage unit, undercounter freezer and 2 x undercounter fridges.
Kitchen comprising: bake off oven (Blue Seal), cooling racks, 1 pot wet bain-marie, 2 x microwaves (Kenwood), convection oven (Merrychef), cling film wrapper, stainless steel double sink, stainless steel table, dual panini press (Adexa), 3 x stainless steel worktops with storage cupboards, microwave, 6 slice toaster (Adexa) and wall mounted paper towel dispenser.
Storeroom with shelving and metal storage unit.
Storeroom with 2 storage units, alarm pad and rear exit door.

First Floor
Storeroom/prep room with walk-in cold room, 3 x chest freezers, 6 x wall mounted shelves, worktop with cling film wrapper, 2 x storage shelves, portable trolly, wash basin, wall mounted paper towel dispenser, stainless steel table with commercial can opener, stainless steel sink, marble top with undercounter fridges, storage unit, 4 slice toaster and wall mounted radio.
W/C with wash basin and cloak area.
Benefits from blower heaters to the retail and an intruder alarm

External
Rear yard with parking for (1).

EPC Rating D

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.

No longer on the market

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