£0 £1000000
£0 £1000000

Sold

Immaculately Presented Sandwich Bar

Colchester, Essex

  • Asking Price: £47,000 +SAV
  • Turnover: Feast generated an advised turnover of circa £106,500 as of the 2016/7 accounts.
  • Tenure: Leasehold

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Hilton Smythe welcomes to the market Feast, which has been owned by our clients since 2010 and was established as a sandwich bar in 2000. Our clients are now looking to move into a different line of work. Feast is a sandwich shop offering takeaway lunch, business buffets and online ordering and delivery. The shop specialises in home-made food and offers only the freshest ingredients with everything made to order. Baguettes are baked each morning and fresh bread is delivered each morning by a local baker. Salad boxes and jacket potatoes are on the menu along with many vegetarian options. Being located at the bottom of East Hill the shop is an easy walk in from many local work places.Feast prides itself on being the local outlet for Bring Me Lunch and has ongoing contracts with local businesses. Feast has its own website www.feastcolchester.co.uk has 5 star Facebook reviews, and a 4.8 star Google rating. The business is being sold on an upward incline, having turned over more money year on year.Hilton Smythe highly advise early viewing to avoid disappointment.

The business is run and managed by our client, with the help of 2 long term part time members of staff.

The business opening hours: Monday-Friday – 8.00am – 2.00pmSaturday & Sunday – Closed.The shop could open earlier for the breakfast trade and on Saturdays to attract weekend workers.

Feast is located in Colchester town centre. Colchester is an historic market town in Essex with a population of over 120,000. There are major transport links to the town by train to Liverpool Street and by road, the A12 leads to London and Ipswich. Being in a central location the business enjoys a high amount of footfall from many office workers.There is staff parking to the rear for 2 cars and many local car parks for customers.

The entrance door is just off the main road into a lobby with a door into the main shop area. The equipment includes; The main area has a sandwich bar area with seating for up to 8 Large drinks display fridgeEasy to read menu boards6 x shelves for crispsThe main service counter area 2 x under counter fridgesLarge on counter display fridgeTillCoffee machineBoilerStainless steel preparation tableMicrowaveDouble Panini machineCling film dispenserAir conditioning unitPrinterFax machineDoor toThe main kitchen area3 x fridges3 x freezers2 x ovensHot plate2 x sinks There is also a door to an outside parking area with 2 parking spaces and door to staff toilet with washing facilities and further storage area.

Tenure
We are advised the business is being sold as a leasehold business opportunity with an annual rent of £6,000. Lease Runs Out April 2019

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