Businesses For Sale

Food

Back to Food

Subway Franchise Opportunity

Middlesbrough

£30,000 (Leasehold)

REF: NE2195

Location:

 

The premises are located within a busy shopping area in the heart of Middlesbrough which is a port town on the River Tees in the North East of England.  It forms part of Teesside and in the 2021 census had a population of around 150,000.

 

Linthorpe Road runs through Middlesbrough town centre and is home to the main retail offer.

 

Business:

This unit is located at the northern end of Linthorpe Road, within easy walking distance of the Railway Station and College.  There are good levels of both passing and captive trade, and the branch sits between Skipton Building Society and Ann Summers.  The ground floor incorporates seating for up to 20 covers and the seating area is a pleasant, modern space.

 

Subway provide a strong, identifiable corporate image that is backed up with marketing support and guidance from a Head Office team.  For this support, and including the aggressive media marketing, the franchisees pay a fee which equates to circa 12.5% of the turnover.

 

This franchise has been in our client’s ownership since 2009 and is on the market as they are looking to reduce their commitments.

 

Premises:

 

Comprises a two storey mid terrace retail unit fully fitted and equipped for the franchise.  The GIA extends to 895 sq.ft. (83 sq.m.) over two floors.

 

Opening Hours:

 

Monday - Saturday                 9.00am - 5.00pm

Sunday                                    10.00am - 4.00pm

 

Staff:

 

The business is currently run under management with 1 manager and 4 part time staff.  There are 2 staff allocated on each day.

EPC:

 

Rating D.

 

Tenure:

 

The premises are held on lease for a term of 10 years expiring in 2027 at a rent of £20,122 plus VAT. Further details available on application.

 

Rates:

 

Rateable Value - £6,300 (from April 2026).

Rates free subject to status.

 

Money Laundering Regulations:

 

In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.

           

Subway Franchise Fee

 

There is a franchise fee of circa £5,000 payable to Subway to cover their legal costs, the assignment of the lease and a training course (if required).  This branch requires a remodel the cost of which is circa £70,000.

If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.

Arrange a viewing Download details Download EPC Certificate

Back to Food