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Sandwich Shop And Delivery Round In Gosforth For Sale

Newcastle upon Tyne, Tyne and Wear, UK
Asking Price:
£95,000
Sales Revenue:
£280,800
Cash Flow:
Available on request

• 5 day trading only – scope for weekends.

• Sales circa £5,400 weekly. GP margin 60%+.

• Reputable business with repeat trade.

• Retail sales plus delivery round.

• Modern, fully fitted premises.

• Scope to add wholesale and catering elements.

• Leasehold £95,000 plus van.

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on concurrent leases expiring in February 2024 with a combined rent of £15,100 per annum. Interested parties are advised to seek legal confirmation of this

Leasehold Rent:

£15,100 per annum

Location:

The business premises are located on a corner site at the junction of Irton Street with Henry Street which lies just off the High Street to the north of Gosforth town centre. The immediate area comprises a mixture of offices, commercial and residential accommodation and generates good levels of captive trade.

Premises Details:

This business opportunity currently comprises a retail shop element, a mobile delivery round and a mail order brownie service. The mail order brownie service did particularly well when the business relaunched in late 2020 and the retail element is thriving now that the local offices are beginning to fill back up with staff. The business is on the market as our client wishes to retire.

There is one fully liveried Jiffy delivery van operated by the business and this runs a daily predetermined round which visits local retail parks, industrial estates and out of town office blocks. The van is fitted and equipped with an oven and fridge and provides hot and cold sandwiches, gourmet sausage rolls, homemade soup plus brownies and hot and cold drinks.

The van could be utilised for outside catering work and this is a potential income stream which has yet to be tapped into by the current owner. The preparation area has capacity to cope with additional production and this could be in the form of wholesale sales or a traditional buffet offer.

The current menu comprises items that are made, as much as possible, from high quality local produce. The menu is quite compact but includes hot and cold sandwiches and drinks, daily “street food” specials, gourmet sausage rolls and brownies. The coffee is provided by Tynemouth Coffee Co.

This is a rare opportunity for enthusiastic new owners and an early viewing is strongly recommended

Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – Friday 8.00am - 2.30pm
Saturday – Sunday closed

Employees:
The business is managed by our clients with the help of 3 full time members of staff.

Other Information

Contact North East Commercial

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