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Offers in Region of
£6,500
Upper High Street Wednesbury
Full description:
KEY FEATURES
A5 LICENCE
PROMINENT POSITION
MINIMUM 14 SEATING AREA
SCOPE TO EXPAND BUSINESS
LOCATION
Bar Baguette boasts a prominent position on the main Upper High Street, major bus routes coupled with easy motorway access provides an excellent business opportunity for a high flow of passing trade and ease of delivery to nearby offices & businesses.
BUSINESS HISTORY
Bar Baguette has been under new management for 6 months and have successfully built up business to a reputable level. Offering hot & cold sandwiches, jacket potatoes, drinks and deserts, buffet lunches is just a taster of what this cafe offers. Due to unforseen circumstances the current occupiers are looking to dispose of the lease.
FINANCIAL DETAILS
TURNOVER
Virdee Estates have been advised that from the last 6 months of trading, a turnover of between £900 to £950 per week has been satisfactorily achieved.
BUSINESS RATES
Currently the business is paying no business rates uptil 2013, this is due to small business relief, we advise you make your own enquiries with the relevant authorities.
ELECTRIC
Approximately £230 per month
WATER
There is a meter installed at the premises, approx £80 per quarter.
TRADING HOURS
MON, TUE, THUR & FRI 7AM TO 2PM
WED 7AM TO 3PM
SAT 7AM TO 2PM
TENURE
Leasehold
Original length of lease: 10 years
Remaining: 9 years 6 months
Goodwill: £15,000
Rent: £9,924 per annum
TRADING AREA
25' DEPTH INTO BAY X 14'8" WIDTH
Main entrance from Upper High Street having aluminium frame and single glazed glass bay window and door, suspended ceiling with multiple flourscent light tubes installed, ceramic floor tiling, seating area, counter area with mostly glass display and built in cooler.
REAR KITCHEN
10'11" DEPTH X 18'10" WIDTH
Having suspended ceiling with single light point, ceramic floor tiling, usual preparation and wash facilities. Door to rear small yard area with wc.
VIEWINGS
Strictly by appointment.
Interested parties will be required to pay 3 months rent in advance, 3 months deposit to be held by the landlord(s), pay the legal costs for the landlord for the preparation of the lease and an agency fee of £350 plus vat. A satisfactory credit check and references will be required.
THINKING OF SELLING OR LETTING YOUR HOME?
Virdee Estates would be delighted to carry out a FREE market appraisal of your property.
CALL NOW ON 0121 554 0330
A5 LICENCE
PROMINENT POSITION
MINIMUM 14 SEATING AREA
SCOPE TO EXPAND BUSINESS
LOCATION
Bar Baguette boasts a prominent position on the main Upper High Street, major bus routes coupled with easy motorway access provides an excellent business opportunity for a high flow of passing trade and ease of delivery to nearby offices & businesses.
BUSINESS HISTORY
Bar Baguette has been under new management for 6 months and have successfully built up business to a reputable level. Offering hot & cold sandwiches, jacket potatoes, drinks and deserts, buffet lunches is just a taster of what this cafe offers. Due to unforseen circumstances the current occupiers are looking to dispose of the lease.
FINANCIAL DETAILS
TURNOVER
Virdee Estates have been advised that from the last 6 months of trading, a turnover of between £900 to £950 per week has been satisfactorily achieved.
BUSINESS RATES
Currently the business is paying no business rates uptil 2013, this is due to small business relief, we advise you make your own enquiries with the relevant authorities.
ELECTRIC
Approximately £230 per month
WATER
There is a meter installed at the premises, approx £80 per quarter.
TRADING HOURS
MON, TUE, THUR & FRI 7AM TO 2PM
WED 7AM TO 3PM
SAT 7AM TO 2PM
TENURE
Leasehold
Original length of lease: 10 years
Remaining: 9 years 6 months
Goodwill: £15,000
Rent: £9,924 per annum
TRADING AREA
25' DEPTH INTO BAY X 14'8" WIDTH
Main entrance from Upper High Street having aluminium frame and single glazed glass bay window and door, suspended ceiling with multiple flourscent light tubes installed, ceramic floor tiling, seating area, counter area with mostly glass display and built in cooler.
REAR KITCHEN
10'11" DEPTH X 18'10" WIDTH
Having suspended ceiling with single light point, ceramic floor tiling, usual preparation and wash facilities. Door to rear small yard area with wc.
VIEWINGS
Strictly by appointment.
Interested parties will be required to pay 3 months rent in advance, 3 months deposit to be held by the landlord(s), pay the legal costs for the landlord for the preparation of the lease and an agency fee of £350 plus vat. A satisfactory credit check and references will be required.
THINKING OF SELLING OR LETTING YOUR HOME?
Virdee Estates would be delighted to carry out a FREE market appraisal of your property.
CALL NOW ON 0121 554 0330
Energy Performance Certificates (EPCs)
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