FORTE 7, 47 SOUTHSIDE STREET, THE BARBICAN, PLYMOUTH, PL1 2LD

A VERY WELL PRESENTED SANDWICH SHOP IN THE HEART OF PLYMOUTH’S HISTORIC BARBICAN AREA. THE BUSINESS NEWLY FITTED WAS OPENED IN MAY 2008 AND HAS ENJOYED A STEADY GROWTH PATTERN. AN URGENT SALE IS NOW DUE TO HEALTH REASONS.THE LUCKY PURCHASER WOULD HAVE THE BENEFIT OF AN ESTABLISHED BUSINESS IN THIS SOUGHT AFTER AREA.

ALL OFFERS NOW CONSIDERED AS URGENT SALE REQUIRED

PREVIOUS ASKING PRICE £25,000

Situated in the prime street of Plymouth’s historic Barbican area, this very well presented business offers the purchaser an excellent opportunity.

Established in May 2008 and now only available due to other business commitments this business’s turnover is continuing to improve month on month.

The business offers a wide selection of fayre including sandwiches, baguettes, wraps, bagels, jacket potatoes, hot soups and paninis.

After consultation with the local planning authority, a conditional ‘A5’ planning consent was sort and granted for the hot food takeaway element being the potatoes, soup and paninis.

Please note the Landlords would not consent to a full ‘A5’ takeaway use that requires the installation of extractors.

The turnover is steadily growing and currently stands at around £2,000.00 per month average with a projected increase to £3,000.00 per month. Full details of figures will be made available having viewed the premises.

Accommodation:

The premises extend to some 30m2 (320sq ft) with WC and WHB.

Lease:

15 years from May 2008 subject to 3 yearly rent reviews on full repairing and insuring terms.

Rent:

£8,820.00 p.a.

Rates:

2005 rateable value - £4,700.00

VAT:

All prices and rents quoted are exclusive of VAT where chargeable.

Viewing:

Strictly by prior appointment with the Agents Taylor Son & Creber 01752 202035