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Cafe for sale

289 Tong Street, Bradford, West Yorkshire, BD4

Leasehold 61 sq. m. | £19,500

Property Description

Commercial information

  • Business for sale
  • 656 sq ft (61 sq m)

Key features

  • Leasehold Sandwich Shop
  • Ref:2627

Full description

Tenure: Leasehold

LOCATION
Tong Street Sandwiches is located just on the outskirts of the City of Bradford, in West Yorkshire.

The business is ideally based on an arterial commuter route between Wakefield and Bradford, within a densely populated area of the city from which the business derives much trade. The business is also ideally positioned at the entrance of a large nationally recognised builders merchants ensuring good footfall throughout the day. There is ample free parking to the front and side of the business.

Bradford lies at the foothills of the Pennines, around 8.5 miles from the City of Leeds and 16 miles from Wakefield. As you would expect the city is well served by public transport and several A roads, the A647, A650 and A6036 all serve the town. The M606, a spur road from the M62 connects the city to the national motorway network. Leeds Bradford Airport is only around 6 miles away.

BUSINESS
Hilton Smythe welcomes to the market Tong Street Sandwiches, established for many years, our clients a successful husband and wife team have been running the business for the last 4 years, seeing good year on year growth.

The business reports a healthy turnover of around £1,300 per week with a gross profit of 79%. Tong Street Sandwiches is very well supported by local residents and businesses as well as benefiting from a prime trading position for passing trade. The client base is growing and growing with new businesses opening nearby.

This busy sandwich bar has a varied menu including an extensive breakfast menu, good choice of sandwich fillings, paninis, boxed salads, toasties, savouries and burgers. In addition, the business boasts a Rijo coffee machine serving high quality coffees and helps to build business.

The business has recently been awarded with the top level gold award by Good Food Bradford.
This programme is run by Bradford City Council and Trading Standards and is intended to promote quality and healthy eating options.

The premise is in excellent condition, extremely well maintained by our client and with attractive décor, a good sized service area and large fully equipped kitchen. The business benefits from a separate door to the side of the property that leads directly into the kitchen. Perfect, for a new owner to operate a secondary business and start a Jiffy truck sandwich delivery service from these premises or if already in existence, it would be ideal given the shop location and excellent access. We believe if a new owner wanted to operate this way, this could bring in a very handsome income.

In addition, there is potential for further growth by extending opening hours or tapping into the lucrative outside catering market or offer buffet deliveries in the locality. In addition our client believes the installation of a breakfast bar would be of great benefit to the business and subsequent turnover.

The business has no employees, which has a positive impact on the net profit figure. Unlike a number of other similar businesses that are up for sale at present, the turnover is the absolute minimum due to impeccable daily and annual accounting records that are easy to be believe.

Early viewing of this turn key business is highly recommended, with the business genuinely coming to the market due to family commitments. This is a great opportunity for someone young looking for a thriving business in a busy area with a high footfall and nearby businesses.

PREMISES
The business has recently had new vibrant signage installed to the external facade. Highly visible to passing trade and greatly enhances the appearance of the property.

End of terrace corner premise briefly comprising:-

Colourful frontage with good signage, highly visible to passing trade.

Sandwich shop with serve over deli counter, excellent condition and with attractive décor.

Good sized service area
Large fully equipped kitchen to rear
Outside toilet in rear yard
Shutters to front


Equipment includes:-
Serve over deli counter
Rijo Cofffee Machine
Meat slicer
Till
Shelves
A board
Menu boards
Griddle
Bain Marie
Cooker
Panini press
2 x microwaves
Toaster
2 x fridges
3 x freezers

Storage area in basement.

We are advised that there is ample street parking available to the front and side.

TENURE
We are advised leasehold.
From April 2016: the secure lease has rent reviews every two years, with the next review scheduled for April 2018
Rent is a peppercorn £6,204 per annum.

HOURS
The business opens:-

Monday to Friday 7.30am - 2.00pm
Saturday 8.00am - 12 noon
Sunday closed

STAFF
The business is run by a husband and wife team with no additional staff.

FINANCIAL INFORMATION
The business reports a healthy turnover of around £1,300 per week with a gross profit of 79%.

Map & Street View

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