Business Summary

Profitable Business
W/T £6,000+
Town Centre Location
Includes Three Flats
Beautifully Presented Throughout
Freehold Business

This is an excellent and popular business selling sandwiches, pies, savouries, pastries and hot food. The business is located in the High Street right at the centre of the densely populated residential and seaside holiday town of Rhyl with a large number of well-known High Street retailers nearby including Marks & Spencer’s and enjoys high footfall.

The vendor advises that this sandwich bar has been established for many years and is very well known within the town and this part of North Wales. It is fully equipped as a bakery but now specialises in the production of freshly made sandwiches filled with meats cooked on the premises. Pies and bread are bought in from other suppliers. The business occupies spacious, modern and attractive retail premises and also includes three first floor flats, two have two bedrooms and one has one bedroom. All are self-contained or self containable.

The business enjoys high sales of & £6,000 plus per week and a gross profit of 51%. In addition there is an income of & £860 per month from two of the flats and potential additional income from the third flat of & £340. At the present time the one bedroom flat is used for storage and staff room /facility use. Blacks consider this to be an excellent opportunity for someone looking for a high sales food outlet or for a larger growing multiple looking to expand its operations.

The vendor will be pleased to consider a handover period to assist a new owner. The vendor will also be prepared to sell the business for £150,000 and to negotiate a new lease for the business premises and one flat for £23,500 per annum. Early viewings are invited.

Property Details