Iconic Sandwich Bar in Bustling Exeter City Centre for Sale, Excellent EHO Rating with Growth Potential
Exeter, Devon
- Status
FOR SALE
- Date Submitted:
08/04/24
- Advert ID
609409
- Reference
SB35980N / Rightbiz
- Call Agent:
- Leasehold: £62,500
- Turnover: £92,371 (£1,776 Per week)
- Net Profit: Not Applicable
Business Details
SANDWICH BAR FOOD TO GO
Famous SANDWICH BAR/FOOD TO GO OUTLET, occupies lucrative EXETER CITY CENTRE trading position, abutting the busy HIGH STREET, nestled amongst national retailers to include John Lewis and Boots the Chemist, close offices, attractions, car parks, bus station and student areas, ensures sound levels of pedestrian foot flow from those living and working in the area, together with visitors to the City.
Smart, well equipped, and immaculately presented modern premises, holding 5* EHO rating, benefiting from favourable overheads despite City Centre trading position, rent just over £200 per week, and receiving 100% business rate relief. Provides customer reception area with servery counter, rear open plan preparation/kitchen area, storeroom, cloakroom, and valuable car parking/delivery/loading area.
A landmark business established some 42 years ago, and under current ownership some 23 years, retirement sale. Offering a popular easily prepared menu to takeaway, plus some buffets and office lunches, enjoying regular repeat trade. Sales 2023 £92,371 ex Vat, all from very easy hours, opening 9,00am and closing 2.30pm, huge scope for increased opening, website, online orders, deliveries.
Leasehold £62,500 sav, Ref: SB35980N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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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