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Long Established Business in Prominent Corner Trading Location
Taking £2,500 per week
High Gross Profits
Includes Flat on the Upper Floor
Freehold Price £295,000
Description and Trade:
This well fitted and attractively presented Business is situated on a main road in a residential area of Oldbury.
The Business sells freshly prepared Hot & Cold Sandwiches, Baguettes, Breakfasts, Hot & Cold Drinks and other foods for eating in or taking away. Some local deliveries are undertaken, and this facility could be expanded.
The Sales & Dining Area (over 500 sq.ft.) is well fitted for the trade and has a tiled floor.
Inside there are tables and seating for around 12 diners.
The Kitchen is well equipped for the trade, with a serving hatch to the dining area.
There is a comprehensive inventory of fixtures, fittings and equipment included in the sale, including: serving counter, cash register, fitted cupboards, cold display cabinet, warm pie display cabinet, chilled drinks cabinet, meat slicer, electronic scales, grill, air extraction canopy, deep fryer, toaster, electric oven, bain marie, stainless steel sink, microwave oven, fridge and freezer equipment and other ancillary equipment for the trade.
To the rear is a recently built Patio Area with tables and seating for dining outside when weather permits.
Above the Shop is a self-contained Flat with one bedroom. The flat is let and producing rental income of £320 per month.
A well-established business that has been in the present owner's hands since 1984. The Business has a consistent recent trading history, and lots of potential exists to increase sales and profits by expanding the local delivery service.
Our Client Informs Us That:
Takings and Profitability:
The Business is taking around £2,500 per week with high gross profits (estimated to be over 70%).
8.00am – 5.00pm Monday to Saturday
The Business is operated by the owner with the help of three part-time assistants.
Tenure and Price:
The Business and Property are offered for sale at £295,000 plus stock at valuation for the freehold property, business, fixtures and fittings.
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