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Immaculately Presented & Main Road Position
Latest Accounts To 31 December 2018
Annual Turnover £70,691
Gross Profit £38,690
Accounts Available After Viewing
A5 Hot Food Takeaway Permission
5 Star Food Hygiene Rating
Close To Large Multiples (Santander, Costa, Argos)
Huge Potential To Introduce Deliveries
Scope To Open Weekends
Excellent Online Reviews
EPC - C
REF 6523 – Leasehold Sandwich Bar With A5 Hot Food Takeaway Planning Permission
Blacks Brokers are pleased to bring to the market this leasehold sandwich bar with A5 Hot Food Takeaway permission located in a bustling and much sought after area of Bootle, Merseyside.
Time for Lunch has been trading on Stanley Road since 2014. Our client established this business to meet local demand for a business of this type in this busy area. The shop has gained a large base of local, repeat customers and due to its location benefits from plenty of passing trade. Our client has ensured the business has gained a superb reputation and there are many excellent reviews noted on Trip Advisor, Google and Yell.
Time For Lunch is set within a busy a parade of shops in the town centre of Bootle, there are many other local shops close by including large multiples such as Argos, Santander and Costa. Stanley Road is positioned a short walk walk away from the main residential area of Bootle which is densely populated. The area is well linked by the M57 and A59 with excellent public transport links and parking is available in the immediate vicinity.
Reason for sale
The business is ideally suited to a hands-on owner-operator and is available due to the demands of our client's other business interests being higher than anticipated. Therefore, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is ten years with rent reviews every five. The current lease began in 2014 at a cost of only £250 per week.
Building layout and design
Time for Lunch operates from the ground floor of a mid terraced property within a parade of shops and other businesses. The lease also includes the basement. The business has large, striking signage on display above a fully glazed frontage which is fitted with electronic security shutters. Inside, the shop is immaculately presented with wooden flooring throughout, refrigerated display counter/servery and menu board displayed above. To the rear of the counter is a preparation area and till and further back a fully equipped kitchen which is fitted with panini grill, convection oven, griddle and much more. The basement is currently used for storage. All areas have been finished carefully with good attention to detail and all fixtures, fittings and equipment are of good quality.
The business is currently operating with our client working on a full time basis with the support of three part time members of staff.
Time for Lunch has traded solidly since opening. We are advised that the business currently has annual turnover of £70,691 with gross profit of £38,690. Full financial details are available after viewing.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This leasehold business is well established and occupies an enviable trading position. There is plenty of scope to develop the business further with the introduction of a new website with ordering service and a delivery round. Potentially this could lead to catering agreements with other local businesses and workplaces. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Mon - Fri - 8am - 3pm
Sat & Sun - Closed
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