SOLD – Busy Profitable Sandwich Bar, North Lanarkshire 2698

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SOLD - Similar Businesses Required

This is an excellent opportunity to acquire a busy, well established sit-in and takeaway sandwich bar in a highly visible location on the Main Street in Bellshill.

Ideal owner managed business.

Average weekly sales of £4,000 - £5,000 with good gross and net profit margins.

Low rent and no rates payable.

Business, leasehold interest, fixtures & fittings for sale at offers over £80,000 plus stock at valuation.


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Type of business
This is an excellent opportunity to acquire a profitable well established sit-in and takeaway sandwich bar on the busy Main Street in Bellshill. Bellshill is a large town of over 40,000 residents located to the east of Glasgow. It has a vibrant commercial and retail centre. Located here, the café benefits from the high levels of footfall and with easy parking good passing trade. The business has an excellent customer reputation scoring 5.8/6 on Just-Eat and 4.9/5 on Facebook.
Opening hours
8am - 5pm Monday - Saturday, 9am - 3pm Sunday
Tenure
Leasehold. Rent £12,000 per annum. The lease is on a rolling 3 year basis from North Lanarkshire Council. Rateable value £9,100 so the business benefits from 100% rates relief so no rates are payable.
Premises
The premises are located on a busy section of Main Street between Hamilton Road and Motherwell Road in the heart of Bellshill town centre. This is a busy retail and commercial area with a high population density providing an excellent repeat customer base for the business. This spacious shop extends to 59m2 (623sqft) and consists of a bright double fronted serving and seating area with rear prep / store room and staff toilet. Free 1 hour street parking outside the shop.
Financial information
Weekly sales are averaging between £4,000 and £5,000. This is a consistently profitable and easily managed business with potential for further development. All the equipment is owned outright and is included in the sale price. Full financial information can be made available to serious interested parties after viewing.