Cafe for sale

Bathwick Street, Bath, Somerset, BA2

Fixed Price £49,950

Property Description

Commercial information

  • Business for sale

Key features

  • Extremely busy Café, excellent historic City location
  • Weekly turnover approx. £1,769 (2014)
  • Excellent potential and scope
  • Viewing highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is an excellent opportunity to purchase a very well established Café and Patisserie.

Offering a take away service and an outside catering business with excellent potential for future growth. Occupying a prominent trading position in a very highly rated, popular area of Bath, close to the Sydney Gardens.

Indulgence Cafe is located on a prominent main road position in the city close to a large number of quality residential dwellings, schools, businesses and near to the entrance of Sydney Gardens. The business occupies the ground and basement floors of a traditional sandstone fronted property. The business has 3 main aspects to it, these being, the café and patisserie, the take away service and the outside catering.

The current owners purchased the business in 2011 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.

Indulgence café prepares all of its cakes on the premises as well as making and packaging a selection of meringues, biscuits, chocolates, biscotti, fudge and a range of preserves, relishes and chutneys for clients to take away. Indulgence cafe provides a selection of savoury items including, soups, sandwiches, salads and daily lunch specials, all made with the freshest, locally sourced ingredients.

The business offers outside catering for wedding days and specialist events.

Indulgence Cafe is a thriving and lucrative business, which is run by the owner and up to 2 members of staff. The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic couple or individuals that have the opportunity to extend and add to the stock already on offer at Indulgence. 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 a first class, good turnover, business opportunity and viewing is therefore highly recommended to avoid disappointment.

WEEKLY SALES
Currently shop sales average £1,769.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Friday 09:00am - 17:00pm Saturday 09:00am - 17:00pm
Sunday Currently Closed

STAFF
Operated by the owner and up to 2 members of staff

PROPERTY
Highly visible, traditional double fronted shop premises occupying a prominent location, close to a major park and on a main route in and out of the city. This is a terraced premises built in the Traditional Sandstone seen on so many properties located in Bath. The business occupies the ground floor and lower ground floor.

TRADING AREAS
The main street shop front enters into the main retail area which has the coffee bar to the left hand side, to the right there is a display cabinet for pastries and cakes. The main tables and chairs are arranged between the counter area and the display area. The décor is stunning and in excellent condition and matches perfectly the ambiance of this traditional property.

An open doorway to the rear of the sales area is a preparation area along with an additional cold display area offering a range of salads and other produce. A doorway extends into the commercial kitchen, which is both spacious and practically laid out and provides excellent functionality.

A staircase descends to a customer toilet, In addition there are two storage/stock room areas, with an office.

The kitchen is fully equipped and the business has both A1 and A3 usage. The business has a five star hygiene rating and is licensed for liquor sales as well as having a music licence.

RESIDENTIAL ACCOMMODATION
There is no accommodation with this sale.

TENURE
We are advised that the property available as leasehold.

The current lease expires in 2016. A new lease can be negotiated with the landlord for a 5 year lease at an initial rent of £10,800PA.The rental figure is extremely low for this type of property in the Bath area.

SUMMARY
A fantastic opportunity to purchase an amazing business, with terrific potential for future growth and improvement. This is walk in and earn from day 1 condition and must be viewed to see the quality of the businesses and décor on offer. To avoid disappointment, viewing is highly recommended.

More information from this agent

Nearest stations

  • Bath Spa (0.7 mi)
  • Oldfield Park (1.3 mi)
  • Freshford (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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

  • Bath Spa (0.7 mi)
  • Oldfield Park (1.3 mi)
  • Freshford (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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.

Disclaimer - Property reference 43895. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.