Retail premises for sale in Otley Road, Shipley BD18

£89,000
Interested in this property? Call +44 161 937 5978 * or Request Details

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Retail premises for sale
Tenure: Not available Council tax band: Not available

Property description

Ref 7820 – Leasehold Sandwich Shop Franchise - West Yorkshire
Blacks Brokers are pleased to bring to the market this leasehold sandwich shop franchise located in Bradford, West Yorkshire.


Introduction


Subway is the largest fast food chain in the world, with nearly 35,000 stores in 90+ countries. There are over 1,500 Subway stores in the UK and Ireland, making Subway the largest fast food chain in the market place. Subway Bradford was established in 2012 with our client taking ownership of the store in 2019. The business is very well known in this busy central area and has a strong base of regular customers in place as well as benefitting from a huge amounts of passing trade due to it's prominent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted online.


Location


The business occupies a prominent corner trading position on a busy junction within the town centre. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Costa Coffee and Home Bargains. The area is well linked by the M62 and A650 with very strong public transport links and parking is available in the surrounding area.


Reason for sale


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.


Lease


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 ten year lease which began in 2015 at a cost of £288 per week.


Staff


This branch operates with six members of staff in employment, this includes a manager and front of house. Our client oversees management remotely.


Financial details


The business has traded solidly since opening and has established a strong repeat customer base. We are advised that the business has annual turnover of £226,802 and gross profit of £158,813. Full financial information is available upon request.


Business rates


Purchasers should enquire with relevant local authorities to confirm the rates payable.

Business: £89,000.

Please quote ref: 7820

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (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 Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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