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Cafe for sale

High Street, Cardiff, Cardiff (County of), CF10

Fixed Price £38,000

Property Description

Commercial information

  • Business for sale

Key features

  • Extremely busy coffee shop, historic city location
  • Weekly turnover approximately £2,000 2014
  • Excellent potential and scope to develop
  • Viewing highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is an excellent opportunity to purchase a very well established coffee shop, offering an eat in or take away service with excellent potential for future growth. Occupying a prominent city trading position in a very highly rated, popular area of Cardiff.

Atlantic Coffee is located on the high street within a pedestrianized position in the city centre and close to a large number of quality residential dwellings, schools, businesses and on the entrance to the High Street Arcade. External seating is within the entrance to this arcade and outdoors.

There is a number of tourist attractions all close by including the Millennium Stadium, Cardiff Castle, the National museum, Civic Centre and Bute Park and large shopping centres. All these attractions are easily accessible due to the close proximity of local bus and train stations in the area.

The business occupies the ground and basement floors of a traditional sandstone and brick fronted property, typical and renown in the Cardiff city centre area. The business has 2 main aspects to it, these being, the coffee shop and the take away service.

The business has been established for 16 years, however the current owners purchased the business in 2007 and have developed it to its current potential and now feel they have taken the business as far as they can. So as not to hold back the business, they have opted to reluctantly sell.

Atlantic Coffee is renowned for selling good coffee, in addition, it prepares all of its delicious salads, panini and snacks on the premises, with excellent trip advisor feedback on the diversity and quality of their food. Mediterranean snacks feature amongst the menus and soya free and gluten free options are available. Atlantic Coffee also provide a selection of savoury creations, soups, sandwiches, salads and daily lunch specials, all made with the freshest, locally sourced ingredients.

Atlantic Coffee are well known for the quality and perfection offered on the site, including their breakfast menus too. Add to this the tranquil surroundings of the arcade, the proximity to the shopping centres and tourist attractions and the selection of excellent drinks, especially coffees and the excellent scope to develop further, the business would ideally suit an experienced operator or a family unit to reduce on staff costs.

Atlantic Coffee is a thriving and lucrative business, which is run by the owner and part time members of staff, offering the very best mix of UK and Mediterranean foods to the local community and tourists alike.

The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic couple or individual, that have the opportunity to extend and add to the stock already on offer at Atlantic Coffee.

These enhancements will undoubtedly increase the already growing weekly sales, whilst also enabling the additional staffing levels to be kept to a minimum therefore maximising overall profitability.

This is an excellent business opportunity and viewing is therefore highly recommended to avoid disappointment.

WEEKLY SALES
Currently shop sales average £2,000.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Friday 08:00am - 17:00pm
Saturday 08:00am - 17:30pm
Sunday 10:00am - 16:30pm

STAFF
Operated by the owner and part time members of staff.

PROPERTY
Highly visible, traditional double fronted and corner shop premises occupying a prominent high street city location, cornering the High Street Arcades. This is a terraced premises built in traditional sandstone and red brick seen on so many of the older properties located in Cardiff City centre. The business occupies the ground floor and lower ground floor.

TRADING AREAS
Access to the shop is from the front on the High Street with a secondary access from within the arcades. The front enters into the main retail area, which has the counter and barista to the right hand side, to the right of the main trading areas. The main tables and chairs are arranged between the counter area and the window area. Within the entrance to the arcade, further tables and chairs are located within the arcade walkway and are under cover.

There are additional tables to the outside of the shop on the high street with a gazebo for cover, this area being pedestrianised. The décor is stunning and in an excellent condition and matches perfectly the ambiance of this traditional property.

An open doorway to the rear of the sales area leads to a small preparation area, along with a staircase to the lower level. Here the main cooking facilities can be found along with an office, storeroom and staff toilets. The business benefits from a semi commercial kitchen, which is both spacious and practically laid out and provides excellent functionality and large store room.

RESIDENTIAL ACCOMMODATION
The is no accommodation with this sale.

TENURE
We are advised that the property available as leasehold.

The current lease expires in 2020. The vendors have been in communication with the landlords who have advised verbally that they are prepared to grant a new 5 year lease to approved candidates at an initial rent to be negotiated.

We have been unable to check this information and advise all prospective purchasers to consult their own solicitor for verification.

SUMMARY
A fantastic opportunity to purchase an excellent business in an impressive location, with excellent scope and potential. This is in a walk in and earn from day one condition and must be viewed to see the quality of the business and décor on offer. To avoid disappointment, viewing is highly recommended.

More information from this agent

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