This Business has been SOLD
Business Details
Sandwich Bar and Café In Colwyn Bay
Colwyn Bay, Conwy, Wales
Advert Ref: 2223
Business Description
Preferred Commercial is delighted to offer for sale this popular sandwich bar and café, which was established in 1939 and which has been operated by our client since 2004. The business is only now presented to the market due to our client's wish to retire. The substantial property boasts a well-equipped café and serving area, commercial kitchen and 2-bedroom owners' accommodation. Our client supplies a variety of fare, which is freshly prepared on the premises, and has developed a loyal customer base, which ensures much repeat trade and word-of-mouth recommendations. The business is run at a pace to suit our client and generates a turnover in the region of £80,000 per annum with a gross profit of 60%. We feel the turnover could further enhanced by extending the opening hours and the new owner could, if desired, establish outside catering to supply the local businesses. There is potential to advertise the business by setting up a web site containing information about available menus, location and contact details. This is a great opportunity to acquire an already popular sandwich bar which has further potential and is located in an ideal trading position. Early contact with Preferred Commercial is highly recommended.
Business Status
Sold
Property
Leasehold
Lease Terms
Leasehold Original length: 16 years Remaining: 9 years Review: every 7 years Rent: £7,500 per annum
Location
Cwpwrdd Bach occupies the ground floor of substantial 3-storey yellow brick built premises ideally located close to the town centre of Colwyn Bay, Conwy. The sandwich bar is situated in the professional district of the town and draws much custom from the range of offices in the vicinity. The premises benefit from a parking forecourt and there is further on-street car parking close by. The town centre shops and amenities are less than a quarter of a mile distant, as is the railway station, beach and promenade. The business has easy access to the A55, with Chester and the M56 motorway approximately 35 miles to the east. Colwyn Bay is a popular tourist destination and boasts a wide range of attractions including the Mountain Zoo and several golf courses.
Premises Details
3-storey, yellow brick built property with private parking, situated in a town centre location. Briefly comprising: Ground Floor • Shop with chilled glass serve-over counter, pie warmer, cake display, electronic cash register, hand wash basin, Coca-Cola drinks refrigerator, coffee machine, welsh dresser, worktop counters, tables, chairs and bar stools • Kitchen with 5-burner dual-fuel range cooker, food mixer, 3 x refrigerators, fridge/freezer, freezer, gas water heater, hand wash basin, double sink unit, shelving, 2 x microwave ovens, 2 x commercial microwave ovens, commercial dishwasher, washing machine and gas cooker Lower Ground Floor • Cellar with 2 x freezers, walk-in commercial freezer and tumble dryer First Floor • Lounge with carpeted flooring and gas fire • Kitchen with cupboards and sink unit • Bedroom 1 with carpeted flooring and fitted wardrobes • Bedroom 2 with carpeted flooring, fitted wardrobe and shelving • Bathroom with white bathroom suite and heated towel rail External • Parking forecourt
Trading Hours
Mon - Fri: 8.30am to 2.00pm Sat & Sun: Closed
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Financial Details
Leasehold Price: £59,950
Revenue: £80,000 Annum
Net Profit: Undisclosed










