Leasehold Pasty and Sandwich Bar Takeaway Located In Evesham

Pasty Shop & Takeaway Located In Evesham For Sale
Proper Cornish Pasties (Ingredients Farmed In Cornwall)
A1 Usage
Ref 2170

Location
This respected Pasty Shop & takeaway business is located within a highly visible and prominent trading position in Evesham town centre. Bridge Street is classed as the main high street which is pedestrianised and surrounded by Blue chip retailers. Evesham is a market town and civil parish in the Local Authority District of Wychavon in Worcestershire with a population of 23,575 residents, according to the 2011 census. The area has excellent public transport links with several bus stops, good A-road access with the A46 just a short drive away, which links to the major motorway networks. Worcester is approximately 16½ miles away and the tourist hotspot of Stratford-upon-Avon is just 14 miles away.

Business information
Asking Price: £49,950 plus SAV
Turnover: £126,373 pa
GP: £78,527 (62.13%)
Stock: £3,000

Leasehold
Original term: 5 years
Remaining term: 14 months
Rent: £15,000
Rates: £700 pa

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Pasty Shop & takeaway which is located in Evesham town centre. The business was established by my client back in 2014 and has been in his careful hands ever since. Reluctantly the business is being offered for sale so that he can enjoy a well deserved retirement. Since ownership he has refurbished and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Proper Pasty Co is very much owner operated and employs the help of 1 full time and 1 part time members of staff and has an annual turnover of £126,373 net of VAT with a GP of £78,527 (62.13%). They serve a fine selection of genuine Cornish pasties (ingredients are all farmed in Cornwall) along with savouries, baked potatoes, pizzas, breakfast sandwiches, freshly prepared cold sandwiches from the deli counter, cold drinks and specialist coffee & tea. We believe that there is further potential to increase trade by expanding upon the current menu, extending upon the current opening times and maybe applying for A3/A5 usage. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting shoppers. This is a superb opportunity to purchase an established business with further potential which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Monday – Saturday – 8.00am – 5.00pm
Sunday – closed

Ground Floor
Retail shop area comprising: sales counter with electronic cash register, serve over pasty display counter, serve over chilled display counter,, window display, espresso coffee machine (Art), hot water boiler (Buffalo), griddle (Buffalo), contact grill (Buffalo), slow cooker (Crockpot), wash hand basin, 2 x commercial convection ovens (Unox Rosella), steel work table, portable cooling racks, seating area with tables and chairs for (12).

Basement
Office with storage shelving and 2 safes. W/C with hand wash basin. Hallway with CCTV monitor. Preparation kitchen with stainless steel double sink drainer with spray gun, soup kettle, stainless steel work top, walk-in freezer and staff area with lockers.

External
Enclosed court yard with bin area
Outside W/C

The retail benefits form an air conditioning unit/hot air blower and CCTV 3 camera system.