£0 £1000000
£0 £1000000

Popular Sandwich Bar in Thornbury For Sale

Bristol, Bristol

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£55,000 +SAV

Ref: 12383 H

Leasehold

Overview

Hilton Smythe is delighted to welcome to the market this well-established and very popular sandwich shop business, which is ideally located within the town of Thornbury, South Gloucestershire. The business was established by our clients in 2004 and is only now being offered to the market due to our clients’ desire for a well-deserved retirement. The business currently operates 5 days per week and according to the 2016 accounts, it generated a turnover in the region of £86,920 per annum, with a gross profit of approximately 49%. Our clients offer hot and cold sandwiches with a variety of fillings, freshly baked baguettes, wraps, salad bowls, jacket potatoes and a selection of hot and cold pies and pasties. Our clients also offer a delivery service within the area, as well as catering for school events. The premises boast approximately 21 sq. metres, is very well maintained and extremely well fitted out to suit the trade. The sandwich bar has built up an enviable reputation within the area and further afield for the very high quality of the food and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening on Saturdays. A new owner could also embark on a modest marketing campaign to highlight the goods offered. There is also scope to increase the outside catering arm of the business. Our clients have already taken advantage of social media, with a popular page on Facebook, which has over 600 likes and excellent reviews. This is a prime opportunity to acquire a well-established and very popular sandwich bar in a prime trading location, therefore early viewing must come highly recommended to avoid disappointment.

Turnover
The business currently operates 5 days per week and according to the 2016 accounts, it generated a turnover in the region of £86,920 per annum, with a gross profit of approximately 49%.

The business is owner run and managed with 2 x part time staff members.

The business is open: Monday – Friday: 8.00am – 2.00pmSaturday – Sunday: Closed

Butties occupies substantial ground floor premises, ideally located within the market town of Thornbury, near Bristol, South Gloucestershire. The business is situated within a parade of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade, as well as free car parking facilities to the front of the premises. The business is surrounded by densely populated residential areas, from which the business derives much of its trade. Thornbury is a market town and civil parish in South Gloucestershire. According to the 2011 census, the town had a residential population of 12,063. Thornbury is a Britain in Bloom award-winning town, with its own competition. The town has a high street, a shopping centre (St Mary’s Centre), two supermarkets and many smaller shops. The area of the business is served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is Pilning, which is approximately 7½ miles away. The area is also well served by the A-roads, with the A38 being within easy driving distance of the property, which links to the national A-road and motorway networks. Bristol is approximately 15 miles away and Gloucester is 24 miles away.

Substantial ground floor premises in a prime trading location, briefly comprising: Spacious sales area.Easy clean tiled flooring.Large serve over refrigerated counter.Preparation and storage to rear of counter. To the rear: Office area.Storage areaStaff WC. Equipment included: Griddle.Refrigerators.Freezers.Toasters.4 x microwave ovens.Industrial sink unit.Stainless steel preparation tables.Drink refrigerator.Food area, like a sandwich bar, where they make sandwiches with clients. External: Back yard. There are two vans, one of which is refrigerated, which could be available by separate negotiation.

Tenure
We are advised Leasehold: Original lease length: 10 yearsRemaining lease length: 4 years, as of May 2016.Rent: £550 per month

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