Cardiff University Union,

Tenure: Leasehold

Reference: INT1840

Turnover: £79,928

Current asking price: £59,950

Primary Business Type: Fast Food & Takeaway

The business for sale is a reputable cafe offering delicious and healthy food, with an A3 license and takeaway facilities, and has been recently reduced from 89,950.

First established in 2016, the business is ideally situated within the Student Union of the University of Cardiff and only one mile away from Cardiff City Centre, with transport access from Cathays Train Station, only a couple of minutes walk away. Offering a varied menu packed full of exciting flavours, popular items include falafels, mezze plates, skinny fries, Chicken, Beef Burgers, Mexican Wraps and delicious fruit smoothies.

Whilst their prime location already provides good levels of passing trade, the business also offers a full delivery service through third-party apps including Just Eat, Deliveroo and Uber Eats. They benefit from high footfall due to their location and the university having over 33,500 student members, 80% of which the business engages with.

Boasting an impressive reputation within the local area, this eatery already holds a large and loyal customer base.

Offered on a leasehold basis, rent is currently payable at a rate of £10,000 per annum with the lease set to expire in 2026 - if the full asking price is achieved, the vendor is willing to pay for a new 10-year lease.