Retail premises for sale in Newark On Trent, England, United Kingdom NG24, £79,995

79,995.00

Offer Nr.:
65107435
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_Please quote reference B07018_
Hilton Smythe are delighted to have been given the opportunity to manage the
sale of Harrys which is a well established Sandwich Shop with a renowned
reputation amongst local residents. This is a superb opportunity to take on a
popular, profitable and well used local business in an area teeming with
customers which still offers further potential
Harrys was established over 30 years ago and the business has been run by the
current owners for the past 9 1⁄2 years or so and has been a real labour of
love for them accruing an impressive number of regular customers and a glowing
reputation.
The business is now being sold, albeit reluctantly and with heavy hearts only
due to the owners wishes to pursue a change of direction and spend more time
with their young family. The vendors are keen to see their beloved sandwich
shop pass to an ambitious and entrepreneurial new owner(s) who can take this
already thriving business to the next level
Harrys enjoys a great reputation and has an impressive number of regular
customers many of whom are known on a first name basis by the owners who are
popular and well respected members of the local community.
The business serves traditional fare that is freshly prepared on the premises
using seasonal and local ingredients wherever possible.
_The menu includes: _
* Hot and cold drinks
* Sandwiches
* Jacket Potatoes
* Salads
* Paninis
* Lunch bags
* Crisps and Snacks
* Chocolate Bars
* Sausage rolls and Pasties
* Steak Bakes
Additionally, during the summer months m the business has a hatch at the front
of the premises for the sale of ice creams and cold drinks.
The sale will include the company Facebook page and the business enjoys good
visibility on the internet along with impressive reviews such as:
_ _“ Excellent quality, quick service and best bacon butty with brown sauce
in town”__
_ _“ Great food and great service”__
_ _“ My go to place for a chip butty with cheese!”__
_ _“ Great sandwich shop with very generous servings. The staff often have
your usual waiting and are very friendly. Good jacket potatoes too”__
_Scope to improve_
* Advertising and marketing campaign
* Website, ideally with an online ordering facility
* Introduce a delivery service perhaps using Just Eat, Uber Eats or Deliveroo
* Extend the opening hours
* Explore the possibility of operating a Sandwich Round delivering to local businesses at lunch times
* Develop an outside catering side to the business.
_Reasons to Buy_
* A well established business with an enviable reputation and many existing customers
* Prime trading position in the centre of the town
* Ideal owner managed or partnership business
* Low running costs with inexpensive rent and no business rates
* Current owners happy to offer a a handover to ensure the continued success of the business
* All fixtures and fittings included making this a real turnkey business opportunity for a lucky new owner
Very rarely do sandwich shops of this calibre come to the open market so early
enquiry is highly recommended.
This lovely little business is likely to attract considerable interest.
_Location_
Harrys is located in Newark.
Newark is a thriving town located just off the A1 on the east side of
Nottinghamshire. The historic and picturesque market town boast many heritage
attractions and activities along with a range of hotels and breakfasts for an
overnight stay.
Famed for its role in the English Civil War, one of the towns main historic
attractions is Newark Castle. The castle was a Royalist stronghold but it’s
key position on the banks of the River Trent meany that the castle has been
severely damaged over the years.
Newark’s market runs every Monday, Wednesday, Thursday, Friday and Saturday.
As well as the markets in Newark, shoppers can also head to the Buttermarket
for indoor shopping and well known high street brands. There are also plenty
of antique and vintage shops dotted around the town which are perfect if you
enjoy looking for treasures.
Harrys is ideally positioned in the centre of town and sits alongside other
complimentary retail businesses and thus benefits from high levels of footfall
and passing trade. The business is beautifully presented and maintained with
clear visible signage and distinctive dark red livery.
There are a number of inexpensive public car parks within easy walking
distance.
_Premises_
Harrys occupies the ground floor of an inner terraced, period style property
and is presented to the highest of standards.
The sandwich shop has a large window to front creating a light, airy and
inviting interior. The window has a hatch for the sale of ice creams during
the summer months. There is a glass fronted serve over counter to the left.
Running around the shop is a service counter with a pie warmer, jacket potato
oven and a double Bain Marie. Behind the counters are are preparation areas
with shelving, there are two glass fronted drink chillers and other equipment.
To the rear of the shop is the kitchen which is equipped with stainless steel
fixtures and fittings
_Tenure_
We are advised the business is being sold on a Leasehold basis with a monthly
rolling agreement in place, the rent is £8, 300 per annum.
_Hours_
The business trading hours are:
Monday to Saturday - 07: 30am - 15: 00pm
Sunday - Closed
_Staff_
The business is owner run and managed with the help of 3 full time members of
staff and a Saturday girl.
_Financial Profile_
We are advised the business is currently generating a turnover averaging
£4, 500 per week, further financial information can be made available upon
request.
_Please quote reference B07018_

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