Takeaway for sale

38 Barnham Road, PO22

Leasehold 122 sq. m. | £149,995

Property Description

Commercial information

  • Business for sale
  • 1,313 sq ft (122 sq m)

Key features

  • REF: 13242
  • LEASEHOLD TAKEAWAY

Full description

Tenure: Leasehold

LOCATION
Baps N Buns is located in Barnham, Bognor Regis within West Sussex.

The business is set in a prime trading location, directly facing the Barnham train station. This is an exceptional location from which the takeaway receives a large amount of custom from commuters. The business is set amongst a variety of retail stores, next door there is a Chinese takeaway, hair salon and a bicycle shop.

Barnham is a rural village with all amenities. The village had a population of around 3,000 as of the 2001 census, this has increased over the years. The village has its own train station; this runs between Brighton and Southampton but is known mostly for its direct route to London.

The road on which the takeaway is located is an arterial road that further connects to main A-roads, this includes the A27 and A259. The village is approximately just a short 20 minute drive from the town centre of Bognor Regis. There are direct train lines and bus routes that run directly into the town daily.

BUSINESS
Hilton Smythe welcomes to the market Baps N Buns. The takeaway was originally established in this prominent trading location in the 1970's. Our client then took over the business in 2009 and is now looking to sell, due to health reasons. This business has been run to an exceptional standard and benefits from a great reputation.

The takeaway offers a generous selection of food. The menu includes salads, hot and cold sandwiches, homemade soups, Paninis, freshly baked pasties, sausage rolls, desserts as well as daily specials. The business has a seating area outside and inside the property select seating. Trade is currently split 75% takeaway to 25% eat in custom. There is a delivery van, this covers an 8-mile radius of this location. This service is popular with offices. The van also parks up which allows for customers to visit the van. This is a great asset in the warmer summer months.

The takeaway is directly facing the Barnham train station. This is fantastic for trade as our client sees a large amount of trade from commuters.

The business also offers an outside catering business for weddings, private functions, parties and offices. The takeaway can cater for 100 covers. There are a variety of buffets available, this includes sandwich platters and fork buffets with savoury products and hot and cold choices available.

The takeaway is currently generating an advised turnover of around 245,000, with a gross profit of 35%, as of the 2015 accounts. This is a great turnover; however, we feel this could be increased. The new owner should look to expand the popular outside catering service. Our client is running the business at a steady pace to suit them and so with a hands on new owner, this takeaway can be taken to the next level.

The business already has a great online presence. The takeaway's website was only very recently set up. This has been completed to a high standard. (www.bapsnbuns.co.uk) The site has all menus available. The business has a Google walkabout video, when accessed vis maps.

This is a fantastic Leasehold opportunity that is not to be missed. The takeaway has already earned a 5* food hygiene rating. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

PREMISES
Baps N Buns is situated in a retail parade on a main road. The shop front has large windows; this allows for a bright and airy retail space. The property is well-signed and there is a canopy across the front. This covers some of the outside seating area.

The takeaway is large and open plan. There are approximately 16 covers in the seating area. Splitting the takeaway from the kitchen is a glass serve over salad chiller. To the left there is a stainless-steel unit with a coffee machine and till. There is also a drinks chiller in this space.

To the back of the property there is a fully fitted commercial kitchen. The kitchen is perfect for the trade and comes with stainless steel fixtures and fittings.

Equipment included in the sale, is as follows-
4 x stainless steel preparation benches
Double preparation sink unit
Hand wash sink
Commercial microwave
Large toaster
Six ring electric oven
Electric griddle
Panini grill
Large over hood extraction unit
Bread slicer
Double Chip Fryer

Past the kitchen are further rooms. There are two store rooms, a toilet and an office. One of the store rooms is also used as a staff area. This room has two new stainless steel fridges, two chest freezers and a backup stainless steel sink unit.

The other storage room is used for the catering equipment. The store includes serving dishes, plates, bowls, cutlery, table decorations, cups and glasses for 100 people. There are also a freezer, back up griddle and an oven.

Included in the sale is a refrigerated Fiat van, this was recently purchased for 10,000.

TENURE
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 10 years
Remaining lease length: 3 years as of 2016.
Rent: 10,000 per annum

HOURS
The business opening hours-

Monday - Friday: 5:30am - 3pm
Saturday: 7am - 2pm
Sunday: Closed

STAFF
The business is run and managed by our client, with the help of two full time members of staff and a full-time van driver.

FINANCIAL PROFILE
The business generates a turnover in the region of 245,000 as of 2015 accounts.
Gross profit 35%


Nearest stations

  • Barnham (0.1 mi)
  • Ford (2.7 mi)
  • Bognor Regis (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Barnham (0.1 mi)
  • Ford (2.7 mi)
  • Bognor Regis (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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