Cafe for sale

Dave`s Sandwich BarCrown Mead, Bath Road,Thatcham,RG18

57 sq. m. | £37,000

Property Description

Commercial information

  • Business for sale
  • 613 sq ft (57 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • LEASEHOLD
  • REF 2813

Full description

Tenure: Leasehold

LOCATION
The business is located in the town of Thatcham in historic Berkshire.

Dave's Sandwich Bar occupies a prime trading location within a busy retail parade, on the main A4 thoroughfare through the town. The business is ideally located close to densely populated residential areas with heavy passing traffic and excellent footfall throughout the day.

Thatcham straddles the River Kennet and is around 3 miles from Newbury, 14 miles from Reading and circa 54 miles west from London. The area is served by its own railway station and has regular bus services running through the town with a bus stop conveniently positioned opposite the retail parade. There is also free parking directly to the front.

BUSINESS
Hilton Smythe welcomes to the market Dave's Sandwich Bar. The business has been established since the 1950's with our client successfully running the business since inception in 2010.

The sandwich bar and cafe is in a great location seeing a lot of repeat trade and is well supported by local residents and businesses. Dave's Sandwich Bar reports a healthy turnover in the region of £53,000 with a gross profit at 54%.

The café area is light and airy with around 15 covers and serves a good selection of hot and cold sandwiches, breakfasts, jacket potatoes, tempting savouries and sweets. All accompanied by a good choice of hot and cold beverages. The business holds an A3 licence.

We believe the business has potential for further growth by perhaps adding additional items to the menu, increasing opening hours and introducing a delivery round in the locality. The business would also benefit from a modest marketing campaign to further promote awareness.

Early viewing on this turn key business is highly recommended with the business genuinely coming to the market as our client looks towards a well-deserved retirement.

PREMISES AND EQUIPMENT
Mid parade premise briefly comprising:

Bright spot lit café area with table and chairs for 15 covers, new flooring fitted a year ago.
Chilled serve over counter housing ingredients and freshly made sandwiches and pastries. Behind the counter is a coffee machine, sandwich press, worktop hot plate for frying and a counter top industrial microwave oven as well as a hot counter.
Coca cola drinks fridge

To the rear is the well-equipped kitchen area which has a sink, ample worktops, storage area, industrial oven, chest freezer, deep fat fryer, dishwasher and fridge.

Toilet facilities
Door to the back of the retail precinct where staff can park (no restrictions for staff).

Parking is also available for free in this small precinct.

Equipment includes:
Chilled deli counter
Stainless steel tables and chairs
Microwave
Toaster
Sandwich press
Hot counter unit
Hot plate
Coffee machine
Drinks fridge
3 door stainless steel under counter fridge
Stainless steel Cooker hood
Spare chilled counter
Chester freezer
Industrial oven
Dish washer
2 x upright fridges
Till

TENURE
We are advised leasehold
The original lease length is 10 years
Reviewed every 5 years and recently renewed
Rent is £11,750 per annum.

HOURS
The business opens:-

Monday to Friday 06.30 - 15.00
Saturday 07.00 - 14.00
Sunday closed.

STAFF
The business is owner run and managed with the assistance of 1 part time member of staff.

FINANCIAL PROFILE
Dave's Sandwich Bar reports a healthy turnover in the region of £53,000 with a gross profit at 54%.


Nearest stations

  • Thatcham (1.0 mi)
  • Newbury Racecourse (2.0 mi)
  • Newbury (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Thatcham (1.0 mi)
  • Newbury Racecourse (2.0 mi)
  • Newbury (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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