Great Starter Sandwich Shop In Durham For Sale Durham, United Kingdom Advert ref: SA806NE Business description
Reduced to achieve a quick sale - walk in and trade from day one. Probably cheaper than starting from scratch. Lakey & Co are delighted to offer FOR SALE this well established sandwich shop business which has been owned by our client since 2005 and was previously operated as an addition to their commercial catering business which was operated from the same premises. The catering business has now relocated to dedicated commercial premises and our clients are now looking to dispose of the retail business. The business achieves a good level of turnover whilst operating on very short hours and there is clear potential to expand the opening hours and ranges. An excellent first time business.
Years established: 5 Years
Employees: The business could comfortably be operated by one person
Trading hours: Monday-Friday 11.30am – 2.30pm - ONLY!
Property: Leasehold
Lease terms
We have not inspected the lease, but the vendor informs us that a 10 year lease was granted in 2005 with no further rent reviews.
Living accomodation
The premises are lock up and there is no owners living accommodation
Location
The business is situated on a busy local parade also comprising – Newsagents/ Off License, Takeaway & Hairdressers/Beautician near to Gilesgate Comprehensive School in a densely populated area close to all local amenities and with ease of access to the A1M.
Reasons for selling
The business was previously operated as an addition to our client's commercial catering business which was operated from the same premises. The catering business has now relocated to dedicated commercial premises at Sacriston and our clients are now looking to dispose of the retail business.
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| | Financial details Asking price: £2,995
Sales revenue: £20,800
Net profit: Undisclosed
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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