The shop is located at the junction of Glebe Terrace and Dunston Bank close to the A1 Western Bypass and in an extremely prominent position. There is unrestricted pull in street parking nearby and good levels of both passing and captive trade.
This address has been a sandwich bar and food outlet since 2015 and has recently been refurbished, redecorated and modernised by the current owners. The business is being placed on the market as the owner has another unrelated catering opportunity which he wishes to concentrate on.
The current menu offers a broad range of hot and cold sandwiches, traditional ready meal specials, soft drinks, teas and coffees. The majority of the trade is now driven via JUST EAT and HUNGRY HOUSE online delivery apps and since joining the network approximately 2 years ago, at which point the takings increased dramatically.
In addition to the standard menu the business also offers a Sunday lunch service which is extremely popular and trades from 11.30am till 3pm on a Sunday. Directly opposite the shop we are verbally informed that there is a residential scheme about to commence which would generate additional trade during construction and new residents on completion.
We see this business as an ideal 1st time venture for a couple or partnership and offers scope to extend the opening hours and develop other services.
Shop/ Service Area circa 226 sq.ft. (21 sq.m.) with roller shutters to front, non-slip flooring, sales counter, refrigerated display, hot plate, cash register, chest freezer, drinks chiller.
Kitchen circa 59 sq.ft. (5.5 sq.m.) with hob, oven, griddle, fryers, worktops, wash hand basin, fridge / freezers.
Monday - Friday 8.30am – 3.00pm
Saturday 8.30am – 3.00pm
Sunday 8.30 am – 3.30pm
The business is currently owner operated with the help of 9 part time members of staff.
Fixtures & Fittings
A full inventory would be made available prior to an exchange of contracts. A fully liveried van, fitted with an oven, is available by separate negotiation.
Mains electricity, water and sewerage services are connected to the property.
We are verbally informed that the premises are assessed as follows:
Description Shop and premises
Rateable Value £3,000
Rates free incentives may be available to new owners via the Local Authority, subject to status.
We are verbally informed that the premises are held on a 3 year lease from January 2016 with a passing rent of £5,400 per annum.
Rating – G.