Cafe for sale

Southgate, Chichester, West Sussex, PO19

Sold STC £99,995

Property Description

Commercial information

  • Business for sale
  • Use class orders: A3 Restaurants and Cafes

Key features

  • REF 12416
  • LEASEHOLD
  • CAFE & SANDWICH BAR

Full description

Tenure: Leasehold

LOCATION
This multi facet business operates from two sites both situated in the vibrant cathedral city of Chichester.

Both premises are in prime trading locations, situated just off the main retail street and close to the famous Cathedral and a short 5 minutes' walk from the main shop development. The area has a huge amount of footfall from local residents and the honeypot of tourists visiting each year.

Chichester is easily accessible from the A27 (Chichester bypass) and both businesses are within easy walking distance from the mainline train station and bus routes.

BUSINESS
Hilton Smythe is delighted to introduce to the market Lake's Café and Lakes Sandwich Bar. The Café was established 7.5 years ago with the introduction of sandwich bar 2.5 years later.

The café is light and airy with seating for 24 covers internally with additional seating outside in the warmer months. The menu is varied serving a selection of hot and cold foods, breakfasts, salads, soups, rolls, pies and specials, all freshly prepared on site from the very well equipped kitchen.

Lake's sandwich bar operates from a charming pavilion offering hot and cold food with a great choice of hot and cold sandwich fillings. The business also has an external seating area with picnic tables, highly visible to passing trade.

The combined turnover is circa £163,500 for this financial year.

The businesses have a presence on social media websites with excellent reviews, and both see a high amount of repeat trade. We believe either could introduce sandwich deliveries to the vast amount of local businesses within the area to further income.

We highly recommend viewing of these turn key business ventures which genuinely come to the market due to our clients other business opportunities.

PREMISES
Café:
Single fronted with attractive Georgian bay window and good signage.
Entrance to café from pedestrian walkway, tiled floor, 3 tables outside, 7 tables inside, Coca Cola chiller, overhead electric heater and specials board. Counter; cash register, card machine, coffee machine, confectionary display.

Kitchen housing hob, separate oven, 2 fridges, freezer, preparation area, sink, worktop area, Lincat hot plate, shelves, under worktop storage, coffee grinder and pie warmer.

To the rear is a storage/stock area (includes Propane gas tanks for griddle). Side 'shared' area, table/chair storage, refuse area and toilet.

Sandwich Bar:
Charming Pavilion with steps to decking area, picnic tables, security shutters, glass display cabinet with various hot/cold fillings, Coca Cola chiller, cold display cabinet for sandwiches, rolls, salads etc and portable gas heater.

Preparation/Store area, housing fridge/freezer, storage cupboards, worktop area and slicing machine.

Kitchen/Preparation Area; Cash register, overhead electric heater, coffee machine, toaster/grill, sink, toastie machine, fridge, freezer and griddle. Door to small store area, sink, staff toilet.

TENURE
We are advised leasehold.
Both are new leases from 2016
The rent on the café is £12,000 per annum
The rent on the sandwich bar is £10,000 per annum

HOURS
The business opens:-
Monday to Saturday 7.00am to 2.30pm

STAFF
The café is owner run and managed with the assistance of 3 members of staff.

The sandwich bar is run and managed by the owners.

FINANCIAL PROFILE
The combined turnover is circa £163,500 for this financial year.


Nearest stations

  • Chichester (0.1 mi)
  • Fishbourne (1.6 mi)
  • Bosham (3.0 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

  • Chichester (0.1 mi)
  • Fishbourne (1.6 mi)
  • Bosham (3.0 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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