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Commercial property for sale

£35,000

Southampton SO16, UK

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Property description

Ref 5614 – Leasehold Sandwich Delivery and Catering Business

Blacks Brokers are proud to bring to the market this leasehold sandwich delivery and catering business located in the much sought after area of Southampton, Hampshire.


Introduction


Roll On Lunchtime has been trading since 2003 with our client in ownership since 2013. The business is an outstanding supplier of snacks, lunches and buffets in the Southampton area. This family run business has a large customer base and offers a huge variety of foods made fresh and delivered to the customers door – this can include business lunches and party catering.


Location


Southampton is a port city on England’s south coast. It’s home to the SeaCity Museum, Southampton City Art Gallery and Solent Sky Museum. The area is popular with businesses and shops in addition to a large residential community. The business is located on the Test Valley Business Centre, which is on the out skirts of Southampton and is well linked with the M271, M27 and the M3 – making this the perfect position for a delivery service and catering company.


Reason for sale


Roll On Lunchtime is only being offered for sale due to our clients family commitments.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 5 years and began in 2013 at a cost of £1,650 per quarter.


Building layout and design


Roll On Lunchtime is housed within a single storey retail unit with high roller shutter doors on the right and an office entrance to the left. There is a large forecourt area directly outside the business which has space for 5 vehicles. The branding and signage is striking and well displayed.
Inside, the main catering area is a large, open plan area, which has been professionally equipped and finished to a high standard. This has designated areas for food preparation, storage, refrigeration, cooking and dispatch. There are also staff toilets and wash room facilities in place. The administration office is located within a private, mezzanine floor accessed by a flight of wooden stairs. All areas are well presented with excellent quality fixtures and fittings, with professional equipment in place that has been well maintained. A full inventory is available on request.


Staff


Roll On Lunchtime is currently operating with three, full time members of staff in addition to our client.


Financial details


Financial details are available upon a viewing of the business and Roll On Lunchtime has traded solidly over its trading history. The business generates an annual turnover of £162,000 with strong gross profits. Many customers are from the local area as one would expect.


Summary


This leasehold business is well established and boasts a large and loyal customer base along with a superb reputation. Roll On Lunchtime has a superb 5* hygiene rating and long trading history with scope to expand into weekend opening. There is also much demand for event catering in this area. This proposition would ideally suit an owner/operator team looking to acquire a well-established and well known business. Early viewings are strongly advised.

Business: £35,000.

Please quote ref: 5614

Property info

What Zoopla users think of Southampton

Overall rating:

  • currently 4 stars
Very good - 77% (391 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Redbridge (0.7 miles)
  • Totton (0.9 miles)
  • Millbrook (Hants) (2.2 miles)
  • Southampton Airport (5.3 miles)
  • Bournemouth Airport (19.1 miles)
  • Shoreham Airport (51.8 miles)
  • Southampton Vehicle Ferry Terminal (3.8 miles)
  • Southampton Passenger Ferry Terminal (3.9 miles)
  • Hythe (Hants) Ferry Terminal (5.3 miles)

Nearby schools

View all schools in Test Valley
  • Holy Family Catholic Primary School (0.3 miles)
  • Mansel Park Primary School (0.4 miles)
  • Redbridge Primary School (0.5 miles)
  • Totton College (Part of Nacro) (1.6 miles)
  • Richard Taunton Sixth Form College (2.5 miles)
  • Southampton City College (3.9 miles)
  • Redbridge Community School (0.6 miles)
  • Testwood School (0.9 miles)
  • Oasis Academy Lord's Hill (0.9 miles)
Note: Distances are straight line measurements

Local info for Test Valley

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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