Ref 7476 – Leasehold Sandwich Shop
Blacks Brokers are pleased to bring to the market this leasehold sandwich shop located in Wakefield, West Yorkshire.
No 1 Sandwiches has been trading in this busy and highly sought after area of Wakefield for many years with our client in ownership since 2020. The business offers a range of freshly prepared hot and cold sandwiches, drinks, breakfasts and much more. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook, Just Eat and Trip Advisor. No 1 Sandwiches has a comprehensive website in place and a strong social media presence.
No 1 Sandwiches occupies a main road trading position within a parade of residential properties and shops. The area is densely populated both residentially and commercially with neighbouring businesses including independent retailers as well as large multiples such as Tesco Express and Londis. There are also a number of schools and other local amenities nearby as well as Pinderfields Hospital and Trinity Walk Shopping Centre. The area is well linked by the M1 and M62 with very strong public transport links and parking is available in the immediate area.
The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a three year lease which began in 2020 at a cost of £111 per week.
The business operates with two members of full time staff in employment. Our client oversees management on a part time basis.
No 1 Sandwiches has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has a projected annual turnover of £90,000. Full financial information is available upon request.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This well established business occupies an enviable trading position in a bustling and popular area of Wakefield. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu options and longer opening hours to possibly include late night opening. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £39,950.
Please quote ref: 7476