Status: Completed
Tenure: Leasehold
Leasehold Rent: £6,500 per annum
Turnover: £91,637
Cafe & Sandwich Bar in South Wigston, Leicestershire For SaleCafe & Sandwich Bar in South Wigston, Leicestershire For SaleCafe & Sandwich Bar in South Wigston, Leicestershire For SaleCafe & Sandwich Bar in South Wigston, Leicestershire For SaleCafe & Sandwich Bar in South Wigston, Leicestershire For Sale
Or Nearest Offer
£53,000 + SAV

Cafe & Sandwich Bar in South Wigston, Leicestershire For Sale

Completed
  • Reference: 1845
  • Location: South Wigston, Leicestershire
Hilton Smythe is delighted to offer to the market this sandwich bar and cafe business in Wigston, Leicestershire. The business was established in the 1990's and has been in our clients' careful ownership since 2007. Only now is the business being offered to the market due to our clients other business interests. The business is open six days per week and generates a healthy turnover and an excellent gross profit. Our clients offer high quality and freshly made sandwiches and an extensive range of hot and cold meals including breakfasts.

The business has a 5* hygiene rating and benefits from a very loyal customer base with a high volume of repeat trade. The premises boast a spacious serving area with tables and chairs for up to 14 covers internally and 4 covers externally, as well as a well-equipped commercial kitchen. We feel there is scope to increase the turnover by offering outside catering services and by extending the opening hours, perhaps opening on Sundays.

A new owner could also extend the range of food offered and perhaps offer a takeaway food in the evening, including pizzas, kebabs etc. This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended.

TENURE

We are advised leasehold:

Original lease length: 10 years
Remaining lease length: 3½ years
Review every: 5 years
Rent: £6,500 per annum

HOURS

The business is open:

Monday - Friday: 8.00am - 2.30pm
Saturday: 8.00am - 12.30pm
Sunday: Closed

STAFF

The business is owner run and managed with 1 x full time staff member.

FINANCIAL PROFILE

Do not put turnover figures on literature.
Gaynor's Cob Shop & Cafe occupies ground floor, lock-up corner premises on the busy Canal Street in Wigston, Leicestershire. The business is situated within a parade of complimentary shops and businesses, which includes a post office and a shoe shop. The business benefits from on-street parking directly outside the property, as well as being situated in a densely populated residential area, from which the business draws much trade. The business is also opposite the new student facilities building with approximately 1,500 students.

Leicester city centre is approximately 5 miles away and boasts a good range of shops, businesses, amenities and a thriving nightlife. The area is well served by the A-road network, with both the A6 and A563 being in close proximity to the business, which link to the vast A-road and motorway networks. Nuneaton is approximately 20 miles away and Coventry is 25 miles away
Ground floor, lock-up premises, briefly comprising:

Cafe area with table/chairs for 14 covers.
Refrigerated serve over counter.
Upright cold drinks chiller unit.
Ceiling fan.
Service counter with electronic cash register.
Pie warmer/display cabinet.
Display chalk boards.

Kitchen area with:

Panini press.
3 x microwave ovens.
Griddle with hot cupboard.
Toaster.
4 x pot Bain Marie.
Small refrigerator.
5 x burner gas range with oven and extraction unit.
3 x counter top deep fat fryers.
Urn.
Dishwasher.
Fly zapper.
Grill.
Tall refrigerator.
Sink unit.

To the rear:

4 x freezers.
Refrigerator.
Sink unit.

Drystore area.
WC with wash hand basin.

Lower ground floor with:

Cellar (currently not used).