Restaurant/cafe for sale in Greenfield Crescent, Edgbaston, Birmingham B15, £134,950

134,950.00

Offer Nr.:
64221829
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Veritas Business Sales Ltd
Phone(s):
0121 721 9902

* Leasehold
* Sandwich Bar & Caterers
* Established Business
* Turnover £280, 000 net of vat
* Profitable
* Only Trades Weekdays
* Great Location
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 1⁄2 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

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