Cafe for sale

30 The Belfry, Station Road, Redhill, Surrey, RH1

Guide Price £97,500

Property Description

Commercial information

  • Business for sale

Key features

  • Located inside busy shopping centre, town centre location
  • Located near to car park entrance on first floor
  • 110 Covers
  • Income approx £337,700 per annum

Full description

Tenure: Leasehold

DESCRIPTION
Café Piazza is located within a busy and well known shopping mall in Redhill town centre, which has a good mix of residential property and commercial close by.

The business has been owned by our client since 2011 and many improvements have been made to it over the years. Café Piazza has a good reputation locally for good food and value for money with many lunch time meal deals offered along with catering for special dietary requirements for Halal meat.

Our client has advised us that many regular customers come to the restaurant without the need to purchase anything from the shopping centre. The business offers customers a large open plan seating area split over two levels and caters for 110 covers. Customers can choose from a large menu with snacks, sandwiches and full meals, including breakfasts.

The business currently turns over c. £6000pw although with an owner manager with experience within the catering field, in our opinion could be improved. This is a great opportunity for an owner chef to further promote and increase the turnover due to the excellent location and heavy footfall.

WEEKLY SALES
Currently average weekly takings c. £6,495

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday 08:00-17:00
Sunday - 09:00-16:00

STAFF
Managed by the owner with full/part time staff.

PROPERTY
The restaurant is located with the Belfry shopping centre and provides an open plan seating area, storage rooms, staff room, office and large, well fitted commercial kitchen.

RESTAURANT
Fully open plan with a light and airy feel providing a total of 110 covers.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is held on a 10 year lease which commenced in April 2011. The current annual rent is £46,000 exclusive (correct as advised on 2/09/13) and will rise by £3000 per annum to £52,000. Rent reviews are at 5 yearly intervals.

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

SUMMARY
A very well presented opportunity that an owner operator could put their mark on by offering customers a continued high level of service and quality food.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Redhill (0.2 mi)
  • Earlswood (Surrey) (0.8 mi)
  • Reigate (1.5 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

  • Redhill (0.2 mi)
  • Earlswood (Surrey) (0.8 mi)
  • Reigate (1.5 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 41956. 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.

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