£134,950

Restaurant/cafe for sale

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Retirement

£134,950

Restaurant/cafe for sale

Greenfield Crescent, Edgbaston, Birmingham B15

Local area information

Property location

Nearby amenities

  • Mander Portman Woodward Independent College 0 miles
  • St George's School Edgbaston 0.2 miles
  • Five Ways 0.4 miles
  • Birmingham New Street 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Birmingham to find out more about the area.

Features and description

  • Leasehold
  • Sandwich Bar & Caterers
  • Established Business
  • Turnover £280,000 net of vat
  • Profitable
  • Only Trades Weekdays
  • Great Location
Leasehold Sandwich Bar & Caterers Located In Edgbaston
Google Rating # 4.9
Ref 2843

Location
This established Sandwich Bar & Caterers is located in the ever expanding and affluent area of Edgbaston, Birmingham. Situated on Greenfield Crescent within Edgbaston Village which is a Premier mixed use retail and leisure complex, boasting six new ground floor retail units, grade A offices and premier student apartments above. The area is gives a vibrant atmosphere during the daytime, evenings and weekends.

Leasehold Asking Price: £134,950 plus sav (£2,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Sandwich Bar & Caterers which is located in Edgbaston. The business has been established for 12 years and has been in the careful hands of the current owners since February 2017. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Village Kitchen is owner operated by a husband & wife team with the help of 2 full time member of staff and has an annual turnover of circa £280,000 net of vat. Approximately £200,000 is taken from the Sandwich Bar with the remaining £80,000 deriving from business lunches and buffets. They serve breakfast sandwiches, breakfast boxes, freshly cut hot & cold sandwiches, paninis, toasties, homemade soup, bake-off products, salad boxes, jacket potatoes, speciality coffees, tea, cold drinks, confectionery and crisps which can be eaten in or taken away.
We believe that there is further potential to increase trade by opening weekends and extending the current opening times. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a turnkey business where all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - Friday - 7:45am -2:30pm
Saturday & Sunday - closed

Leasehold
Term: 5 years
Remaining: 4 1⁄2 years
Rent: £17,500 pa
Service charge: £368 plus vat pa
Business Rates: Zero

Ground Floor
Retail area comprising: Serve over chilled display counter, tables & chairs to cover (8), multi-deck drinks chiller, crisp display boxes, sales counter with cash register (Uniwell), portable trolly, serve over cake display counter, wall mounted menu blackboards, 2 x wall mounted shelves, espresso coffee machine (Fracino), coffee grinder (Fracino), wall mounted storage unit, undercounter freezer and 2 x undercounter fridges.
Kitchen comprising: Bake off oven (Blue Seal), cooling racks, 1 pot wet bain-marie, 2 x microwaves (Kenwood), convection oven (Merrychef), cling film wrapper, stainless steel double sink, stainless steel table, dual panini press (Adexa), 3 x stainless steel worktops with storage cupboards, microwave, 6 slice toaster (Adexa) and wall mounted paper towel dispenser.
Storeroom with shelving and metal storage unit.
Storeroom with 2 storage units, alarm pad and rear exit door.

First Floor
Storeroom/prep room with walk-in cold room, 3 x chest freezers, 6 x wall mounted shelves, worktop with cling film wrapper, 2 x storage shelves, portable trolly, wash basin, wall mounted paper towel dispenser, stainless steel table with commercial can opener, stainless steel sink, marble top with undercounter fridges, storage unit, 4 slice toaster and wall mounted radio.
W/C with wash basin and cloak area.
Benefits from blower heaters to the retail and an intruder alarm

External
Rear yard with parking for (1).

EPC Rating D

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Property descriptions and related information displayed on this page are marketing materials provided by - Veritas Business Sales Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Veritas Business Sales Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Birmingham
  5. Edgbaston
  6. Greenfield Crescent

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