Cafe for sale

Shirley Road, Southampton, Hampshire, SO15

74 sq. m. | £31,950

Property Description

Commercial information

  • Business for sale
  • 796 sq ft (74 sq m)
  • Use class orders: A3 Restaurants and Cafes and A5 Hot Food Take away

Full description

Tenure: Leasehold

LOCATION
Thai Café is located just out of the centre of Southampton, Hampshire.

The business is situated on a main road that runs into the centre of Southampton. The road runs from the M27 motorway and receives a large amount of footfall daily. There is ample amounts of business in this area, lining both sides of the street. There is a range of stores such as, furniture stores, convenience shops, bakery, nail bars, hair salons and much more. Just off the main road is a plethora of housing, from which the business receives a large amount of trade.

There are parking bays just outside the store and off street parking around the vicinity. There is great public transport in the area due to the close proximity to the town centre. Bus stops are within a short walk of the business and a train station further down the road.
BUSINESS
Hilton Smythe is delighted to welcome to the market Thai Café. Our client has run the business from this location since 2013. The business has been a great success in the area, and has built up a great reputation. Our client is now looking to sell the business due to the desire, to focus on other interests.

The business was originally established across the road from the current premise, but changed premise to expand. The café is run as an authentic café and restaurant offering Thai cuisine prepared by a Thai chef. The business runs as a café but has now branched out into takeaways.

The business offers a fantastic range of tasty foods such as curries, soups, rice and noodle dishes, and so much more. They also offer a range of wines, beers, fruit teas and milk teas. All of these products are available from the take away menu and the restaurant. Orders can be taken directly from the café or via the Just Eat site. The business has great reviews on this site and on TripAdvisor. The café is rated in the top 10 for best Thai food in Southampton.

The business is currently generating an advised turnover of around £112,248 per annum as per 2015 accounts. This is a healthy turnover due to our client running the café to a high standard.

The area is densely populated which benefits the business. The café sees regular customers, both restaurant and takeaway side of the business. The café receives trade from high volumes of students, and so, a loyalty scheme would be a great way of increasing the customer base.

There is scope to extend the takeaway side of the business, by opening longer hours. Deliveries are only offered in the evenings which we feel reduces the amount of potential trade.

This would be a fantastic opportunity for a husband and wife team. Hilton Smythe highly advise early viewing, to take in the full potential of this successful business.
PREMISES
The business boasts a corner premise amongst a retail parade of stores. The front of the property is well-signed, and is clearly visible to passing trade.

On entrance is the main seating area with 8 tables laid out around the perimeter. The room is finished off with authentic décor, which suit the theme of the business. The counter is to the back of the room and the kitchen is further through to the rear of the premise.

Equipment includes-
Air conditioning (hot and cold)
EPOS cash register
Card machine
Soft drinks display chiller
Alcohol display chiller
Double sink
Gas hob and oven
Large gas rings for woks
Preparation area
Plate warmer
Chiller

There is a storage area which is equipped with two chest freezers and a fridge. From here is access to the rear of the property.
TENURE
We are advised the business is Leasehold.
Left on the lease: 5-10 years
Rent: £15,000 per annum

HOURS
The business is open-

Monday: Closed
Tuesday - Saturday: 12pm - 2:30pm Evenings 5pm - 10:30pm
Sunday: 5pm - 10:30pm

STAFF
The business is run and managed by our client with the help of 6 members of staff.

FINANCIAL PROFILE
The business generates a turnover in the region of £112,248 per annum as per 2015 accounts.


Nearest stations

  • Millbrook (0.5 mi)
  • Southampton Central (0.8 mi)
  • St. Denys (1.7 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

  • Millbrook (0.5 mi)
  • Southampton Central (0.8 mi)
  • St. Denys (1.7 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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