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Subway, Unit 5 Battlefield Road, Shrewsbury, SY1 4AB

Offers in Region of
£150,000

£183.15 per sq ft

Business rates & charges may apply

Halls Commercial, Shrewsbury
SIZE AVAILABLE

819 sq ft

76 sq m

SECTOR

Restaurant for sale

Key features

  • An opportunity to acquire an established leasehold Subway franchise.
  • 819 SQ FT TOTAL NET INTERNAL FLOOR AREA
  • ESTABLISHED LEASEHOLD SUBWAY FRANCHISE
  • PROFITABLE BUSINESS WITH POTENTIAL FOR FURTHER EXPANSION
  • Located in Battlefield in the sought after town of Shrewsbury close to Tesco Extra
  • Fully fitted lock up shop unit that is fitted out as a Subway store
  • Profitable business with potential for further expansion

Description

Description
The business trades from a single storey semi-detached lock up shop unit that is fully fitted out as a Subway store. The property benefits from use of 11 car parking spaces.

The property provides a Total Net Internal Floor Area of approximately 819 ft sq (76.08 m sq) that is arranged as sales area and preparation area associated with its use and a disabled toilet facility. The presentation of the property can only be appreciated by undertaking an inspection.

The property is of traditional portal framework clad in profile sheeting with a glazed shop front.

Location
The property is situated in the established leisure quarter in proximity to Tesco and accessed from Battlefield Road which acts as a major arterial road into Shrewsbury town centre from the north and east. The surrounding occupiers include The Featherbed, Dominos, KFC and the Climbing Hut.

The business is accessed from the main estate road serving the development known as The Cattle Market.

The property is located within easy access of the A5/M54 dual carriageway and is located approximately 1.5 miles from Shrewsbury town centre.

Terms
The property is available to let by way on an assignment of a lease for a term of 20 years from 11th July 2017. The lease is on Full Repairing and Insuring terms at a rent of £13,500 per annum.

There are tenants options to determine the lease on the anniversary in 2027 & 2032 with rent reviews in years 2027 & 2032.

A copy of the lease is available from the selling agents upon request.

Fixtures & Fittings
The property is fully fitted out as a Subway Franchise a detailed inventory is available from the selling agents upon request.

Services
(not tested)

Mains water, electric (including three phase) and water are understood to be connected to the property.

Prospective purchasers of the property should rely on their own enquiries.

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TENURE
The property is available to let by way on an assignment of a lease for a term of 20 years from 11th July 2017. The lease is on Full Repairing and Insuring terms at a rent of £13,500 per annum.

There are tenants options to determine the lease on the anniversary in 2027 & 2032 with rent reviews in years 2027 & 2032.

A copy of the lease is available from the selling agents upon request.

BUSINESS
The property offers the rare opportunity to acquire a Subway franchise that offers a profitable business with further potential. The franchise business was established by the vendors and is only reluctantly offered for sale due to other business commitments. The sale of the business as it is a Subway Franchise will require the consent of Subway Realty to the sale of the business and an assignment of the lease.

Further details are available from the selling agents upon request.

The business is currently run by the proprietors with the assistance of 2 full and 3 part time staff. The hours of opening are currently; Monday to Saturday 8am to 8pm Sunday 8am to 4pm. The business trades as a fully fitted Subway branded store and the business has a current turnover of approximately £312,000 per annum with a good gross and net profit.

Audited accounts relating to the business are available from the selling agents upon request.

Brochures

Subway, Unit 5 Battlefield Road, Shrewsbury, SY1 4AB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shrewsbury Station2.3 miles
  • Yorton Station4.8 miles

About Halls Commercial, Shrewsbury

Bowmen Way, Battlefield, Shrewsbury, SY4 3DR

Halls Commercial, Shrewsbury

Halls Commercial provides a range of specialist commercial property services to clients of all sizes across the UK. We have a comprehensive knowledge of our markets developed over many years of operating in this sector. Our service is forward thinking, personal and professional, designed to achieve the best results for our clients whatever their requirements. Although we operate nationwide, we retain a particular emphasis on the Midlands. We have been providing commercial property services to

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Notes

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Disclaimer - Property reference 218177-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Halls Commercial, Shrewsbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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