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Profitable Sandwich Hut with Takeaway in Acomb, York for Sale with Expansion Potential

York, North Yorkshire
1 of 1
Delightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW Photo 1
Delightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW Photo 2
Delightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW Photo 3
Delightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW Photo 4
Delightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW Photo 5
Delightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW Photo 6
Delightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW Photo 7
Delightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW Photo 8
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Delightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BWDelightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BWDelightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BWDelightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BWDelightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BWDelightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BWDelightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BWDelightful sandwich bar and takeaway T/a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW
  • Status

    FOR SALE

  • Date Submitted:

    25/03/24

  • Advert ID

    608723

  • Reference

    C 1026 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £29,995 (Stock at valuation)
  • Rent: £8,820
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Accounts Available
  • Established Business
  • Fully Fitted

Business Details

Delightful sandwich bar and takeaway T a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW

This well established and profitable concern is run from small but fully equipped premises with an outside seating area to the front, located in a popular and populous area, just a stones throw from the prime shopping areas of Front Street and York Road in Acomb, probably York’s busiest suburb.   Run from a characterful building forming one of the original Acomb village properties, the business consists of the making and selling of sandwiches, cakes, hot and cold drinks, light snacks etc and there is also a thriving and as yet undeveloped outside catering aspect to the business which could readily be expanded to generate higher profits without much increase in overheads.  The business is run by a two person team hence there are no wage costs and is offered for sale at a very attractive asking price.


ACCOMMODATION ( note, all dimensions are approximate )

Sales area / kitchen approx 28 sq m.having display counter, coffee vending machine, electronic cash register, two tables and four chairs,wash basin. Opens to:

Preparation area  approx 12.6 sq m having Buffao grill, deep food fryer, stainless steel single drainer sink unit, electric cooker and oven, microwave and toaster, extraction canopy.

Staff wc to rear.

The shallow front forecourt allows for al fresco dining when weather permits.

RATES

The premises are shown on the Valuation Office Rating web site as having a RV of £6200. Under current arrangements for small businesses, no rates should be payable however interested parties should check this information prior to proceeding.

LEASE

A new lease will be available to the buyer for a length to be agreed. The commencing rent will be £735 per month with a review in December 2025.

BUSINESS

Accounts for Year Ended 2023 show takings of £60,877 however it is anticipate that the 2023 / 2024 accounts will show a higher turnover, probably around £70,000 which should produce adjusted net profits of around £15 -£17,000. This assumes that the business is run by a two person team as at present, with no staffing costs.  The business is open Monday to Friday 9.00am to 3.00pm and 10.00am to 1.00pm Saturday.   There is a thriving outside catering side to the business but it is felt that this could be increased substantially by new owners with more energy and enthusiasm. This would help to increase the profits quite substantially.  Full accounts information will be available to genuinely interested parties after having viewed the business.

EPC

The property has an EPC rating of TBC

COSTS

The purchaser will be required to pay a contribution of £450 vat towards the landlords legal costs involved in preparing the  lease.

PRICE

Around £29,995 sav.

VAT.    

All prices and rents are deemed to be exclusive of any VAT which may  apply

IMPORTANT    

Where staff are employed in a business, it is possible that they are unaware of any impending sale,therefore it is essential that all viewings are arranged through us and no direct approaches should be made under any circumstances.  Buyers will be required to provide details of their identity ( passport / driving license and two utility bills) and proof of funding ( bank statements / mortgage offer ).

NOTE

Details and general information provided within these particulars have been confirmed by The Client, are given in good faith and are believed to be correct, however all proposed purchasers/tenants must satisfy themselves as to the correctness of the information provided.  We understand that all services and items of equipment are in functional order, but no warranties can be given in this respect. Neither the agents nor any person in their employ bind themselves in any way, nor are any warranties given as to the correctness of the information provided. No part of these particulars form part of any contract or agreement for sale or lease.

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Particulars / More Information

Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Delightful sandwich bar and takeaway T a The Sandwich Hut, 25 Front Street, Acomb, York, YO24 3BW - C 1026 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.