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Chain of City Centre Sandwich Shops For Sale

 
Glasgow, Strathclyde, United Kingdom
 
Advert ref: G660
 
FINANCIAL DETAILS
 
Asking price: £240,000
 
Sales revenue: £650,000
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership Scotland is delighted to offer for sale the following business.....
The business has been trading for over 20 years and is one part of one of the first sandwich bar chains in Glasgow.

With a proven track record and excellent reputation this business offers a unique opportunity to enter the catering trade with a prime site store fitted out to a high standard.

With a well equipped kitchen on site this business supplies a wide variety of freshly made soups, sandwiches, salads, hot and cold drinks.

There is also an established outside catering business supplying finger buffets, cakes and sandwiches to city centre customers.


GENERAL INFORMATION
 
Years established: Over 20 years
Employees: In total the three businesses are run with 7 full time and 5 part time staff
Trading hours: 7am - 3pm Monday - Friday. Closed Saturday and Sunday.
Property: Leasehold

Lease terms
Hope Street : Rent £24,000 per annum. Current lease runs until 2018. Rateable value £22,000. Douglas Street : Rent £17,000 per annum. Current lease runs until 2011. Gross rent £26,500 but part of lower ground floor sublet for £9,500 pa) Rateable value £17,700. George Street Rent £17,500 per annum . Current lease runs until 2016. Next Rent Review June 2011. Rateable value £15,400.


Location
1. In a prime location on Hope Street between West Regent St and West George St in the heart of Glasgow business district.

2. The shop is situated in the centre of Glasgow on George Street only yards from George Square.

3. This store has an excellent city centre location on Douglas Street between Sauchiehall Street and Bath Street. Surrounded by offices, close to the Dental Hospital and Sauchiehall Street shopping areas it is a busy area generating excellent repeat office custom and very good passing trade.


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The Business Partnership - Scotland - Central & West
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30