Ref 6359 – Leasehold Sandwich Bar Blacks Brokers are pleased to bring to the market this leasehold sandwich bar located in a bustling and much sought-after area of Holmfirth, West Yorkshire. Introduction
Jakey's Sandwich Bar has been trading from number 4 Hollowgate since 2016 when our client took ownership. Prior to this, the business was trading under a different name for almost 30 years. The business has become very well known in the area with a superb reputation and has been awarded a 4* hygiene rating. Our client has also ensured that the business has gained a large base of regular customers along with excellent online reviews noted on Facebook and Trip Advisor. Jakey's Sandwich Bar also offers outside catering for events such as weddings, birthday parties, funerals and so on. There is also a huge amount of trade generated from occupying this prime high street position. Location
This business thrives on its location, right in the town centre of Holmfirth, there are lots of other small businesses surrounding it, bringing plenty of passing trade in addition to extra trade during tourist season. The area is well known as the home of “Last of The Summer Wine” and as one would imagine, is a very picturesque Yorkshire town and with a bustling local economy. There is off road parking nearby. The area is well linked by the A635 and public transport links are good. Reason for sale
The business would be ideally suited to a hands-on owner-operator but is currently operating under management due to the demands of our client's other business interests being higher than anticipated. Therefore, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level. 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 five years and began in 2016 at a cost of only £155 per week. This is very low for this much sought-after area. Building layout and design
Jakey's Sandwich Bar operates from a two storey, mid-terraced property in the geographic centre of the town. The business has striking branding and signage on display above a glazed frontage. Inside, there is a main servery area with some bar stool seating available and counter. The servery has glass display fridge built in with fresh breads displayed behind. The first floor contains a kitchen, food preparation area and staff toilet. The kitchen is well equipped, fitted with fridges and freezers, panini grill, griddle, convection oven and much more. All are of good quality and have been well maintained. Each area of this business is finished to a high standard and has been carefully considered for optimum use of space. Staff
The business is currently run entirely by staff and offers a working owner, enormous scope and potential to increase the turnover by offering a more personal touch while making a significant saving.There are three part-time staff in employment. Our client is not currently involved in the day to day management of the shop. Financial details
Jakey's Sandwich Bar has traded solidly since opening and our client has established a strong customer base. We are advised that the business currently has annual turnover of £75,000 with gross profits of £36,816. It is to be noted that the business is currently operating on limited hours to suit the needs of our client’s busy life – there is much scope to return to previous opening hours and introduce an owner-operator to reduce staffing costs. Examples of low utility costs are as follows: Electric - £185 - £250 per calendar month, Water - £170 per annum, Business rates - £0, Landline - £25 per calendar month. Business rates
Purchasers should enquire with relevant local authorities to confirm the rates payable. Summary
This is a stunning sandwich shop which has been finished to a high standard. The shop provides an excellent all day sandwich trade to local businesses, workers and to the many tourists that visit the popular town of Holmfirth, throughout the seasons. There is plenty of scope to develop the business further with the introduction of a delivery service along with the implementation of a website with ordering service and the potential for longer opening with the addition of an owner-operator or owner operating team. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £19,995.
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