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Cafe for sale

High Street, SP11

Leasehold £29,999
52 sq. m.

Property Description

Commercial information

  • Business for sale
  • 559 sq ft (52 sq m)

Key features

  • REF 12573
  • CAFE

Full description

Tenure: Leasehold

Cafe Oasis is located in Ludgershall, Andover, Hampshire.

The business is situated on an arterial A-road in the town centre of Ludgershall. The café is amongst a retail parade of stores, there is a beauty salon, hair salon, butchers, fruit and veg shop and a post office and convenience store. This is a great location as there is on street bay parking directly outside the property. Also in the area is a plethora of residential property from which the business receives a large amount of trade.

Ludgershall is a historic town that draws in an abundance of visitors each year. There is the famous Ludgershall Castle, Andover railway line and many heritage walks.

The road on which the business is situated on runs from the centre of Ludgershall all the way over to Upavon. There are many major towns and cities just a short commute away. Southampton is just a short 45 minute drive away and Bristol is also just 1 hour away. This is a great location for those wanting to commute to the centre of London. The train station that heads directly into London is in the centre of Andover. It is however, a 2 hour drive.

Hilton Smythe welcomes to the market Cafe Oasis. This business was originally established in 2004. The owner first took over the café in October 2011 but is now looking to sell the café due to ill health.

The business runs as a traditional café offering a great selection of homemade products. They make sandwiches, baguettes, hot breakfasts, homemade cakes, quiches and a great selection of drinks including milkshakes. Additionally they offer outside catering for private functions. Most orders come from funerals and private birthday party. The café does also offer Christmas lunches and catering for large gathering at the village hall.

The café sources products from the local fruit and veg purveyors.

The business sees a large amount of trade from local builders, business owners, council workers and tourists. There is also a loyal clientele of over 65's. This café is the only one of its size in the town and is highly recommended by the local parish.

The café currently generates a turnover of around £26,000 per annum with a gross profit of 62%. This is a reasonable turnover however we feel this could be increased in several ways. One way would be to focus more trade on the outside catering. This is a great arm of the business that has the potential to bring in huge trade.

In the area there is over 600 new homes being built, this includes new military homes and a school. This should attract and boost trade at the café.

The business offers gluten free options to customers this includes the very popular vegetarian breakfast. Not many café's offer Gluten free products and this should be promoted more. A Facebook page would be a great platform to advertise. Free advertising on social media sites is highly effective.

Hilton Smythe highly advise early viewing of this popular town centre café.

The café is a substantial size. Across the front of the property are large windows, this allows for a bright and airy interior. There is seating outside under the canopy that runs across the front.

Inside is the open plan seating area which has high ceilings. The seating choice allows for a clean open feel. There are several two seater tables around allowing for 20 covers. To the right of the entrance is the large service counter. Behind is the kitchen area which is visible to the seating area.

Through to the rear of the property is a storeroom, customer toilet, preparation area, further storage and refrigeration storage.

Equipment included in the sale is as follows-
Chest freezer
Upright freezer
Solid wood counter with shelving storage underneath
Lincat salad counter top fridge unit
2 x arm semi-automatic ' la spaziarle'coffee machine
Tall fridge freezer
Rang master oven ( 6 X gas rings with 2 ovens)
Fridge freezer
Preparation sink
Hand wash sink
Panini grill
Soup kettle
Milkshake blender
Lincat chip fryer
Base and wall store cupboards
Led freezer and glass fronted cool point drinks fridge
3 x wall mounted electric heaters

We are advised the business is being sold as a leasehold opportunity.
Original lease length: 5 years
Remaining lease length: 4 years
Rent: £5,000 per annum

The business is opening hours-

Monday - Friday: 8:30am - 3:30pm
Saturday: 8:30am - 2pm
Sunday: Closed

The business is run and managed by our client with the help of weekend staff.

The business generates a turnover in the region of £26,000 per annum.
Gross profit 62%

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