Restaurant/cafe for sale in Coventry Street, Kidderminster DY10

£14,950
Restaurant/cafe for sale
Interested in this property? Call +44 121 721 9902 * or Request Details

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Property features

  • Bargain Price
  • A5 Takeaway
  • Ideal Starter Business
  • Fully Fitted
  • Town Centre Location
  • Leasehold
  • Established Business

Property description

Leasehold Sandwich Bar Located In Kidderminster
A5 Consent and Town Centre Position
Well Equipped
Ref 2427

Location
This established Sandwich Bar Takeaway is located in Kidderminster town centre. Situated within a prominent and highly visible trading position opposite The Swan Shopping Centre. Nearby you will find an abundance of large retailers that bring high levels of footfall to the town. The popular tourist towns of Bewdley is (3.7 miles) and Stourport on Severn (4.3 miles).

Asking Price: £14,950 plus sav (£1,000)
Turnover: £80,484 pa
gp: £44,820 (56%)

Business Description
Veritas Business sales are delighted to offer for sale this respected Sandwich Bar Takeaway which is located in Kidderminster. The business has been established for since 2005 and has been in the careful hands of our clients for the past 2 ½ years and is now being offered for sale due to other business interests. Since ownership they have continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which means that any new purchaser will not need to spend any additional funds for some time. The business is owner operated with the help of 2 part time members of staff and has an annual turnover of £80,484. Smithy's serve a fine range of breakfast sandwiches, hot and cold sandwiches, baked potatoes, pasties, sausage rolls, salad bowls and hot and cold drinks. They are renowned for their hot pork and turkey baps and can cater for buffet lunches and outside catering. We believe that there is further potential to increase trade should you wish to by expanding upon the current opening times and trading weekends. 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 an established business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Opening Hours
Monday - Friday - 7.00am - 2.00pm
Saturday and Sunday - closed

Leasehold
Original term: 10 years (Renewable) Remaining: 7 years Rent: £8,592 pa Business rates: Zero

Ground Floor
Retail takeaway comprising: Serve over sales counter with electronic cash register (Sharp), pastry warming display cabinet, twin carvery counter, serve over display chiller, 4 wall mounted menu boards, saladette counter with marble top and 3 door under counter fridges (Legend), bake off oven (Unox), stainless steel worktop with under counter 3 door fridge, coffee machine, 2 wall mounted metal shelves, commercial microwave (Samsung), stainless steel under counter fridge (Tefcold), Coca-Cola drinks chiller, wall mounted shelf and an air-con unit/hot air blower. Kitchen comprising: Oven (Lincat), griddle (Buffalo), deep fat fryer (Buffalo), 4 pot wet bain-marie, metal shelf, stainless steel wall cladding, stainless steel sink with wash basin and 3 fitted storage base cupboards, 3 wall mounted storage cupboards, stainless steel worktop with shelving, chest freezer, under counter freezer, under counter fridge, commercial microwave (Sharp), 6 slice toaster (Lincat), 2 wall mounted shelves, storage rack, 1 ring electric hob, 2 shelf storage rack. W/C with wash basin and washing machine Office.

External
Small rear yard with an unused walk-in cold room which has a chest freezer inside.

Arrange Viewing

For more information about this property, please contact
Veritas Business Sales Ltd, B90 on +44 121 721 9902 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Veritas Business Sales Ltd, and do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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