Cafe for sale

Meer Street, Stratford-Upon-Avon, Warwickshire, CV37

Guide Price £165,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: A3 Restaurants and Cafes and A4 Drinking Establishments

Key features

  • Prominent location
  • Well established
  • Well presented
  • Scope for evening openings
  • Ideal husband & wife concern
  • Licenced

Full description

Tenure: Leasehold

Licenced A3 Café & Restaurant in Stratford Upon Avon For Sale
Ref 1071

Location

This outstanding business is located in the heart of Stratford Upon Avon's vibrant town centre which is the birthplace of William Shakespeare and home of the Royal Shakespeare Theatre. The town is steeped in culture and history and is set in the beautiful rural Warwickshire countryside, on the banks of the river Avon. It is one of the most important tourist destinations in the UK receiving over 4.9 million visitors.

Business information

Asking Price: £187,500 plus SAV
Turnover: £250, 565 net of vat pa
GP: £184,817
Adjusted net profit: £54,268
Stock: £1,600

Leasehold

Original term: 10 years
Remaining : 10 years
Reviewed: 5yearly
Rent: £32,000 plus vat pa
Rates: £14,785.75p


Business Description

Veritas Business sales are delighted to offer for sale this respected Café & Restaurant in Stratford Upon Avon. The business has been established for over 30 year and has been in the careful hands of our client for the last 12 years. The owners are reluctantly offering the business for sale but are looking to now relocate. Since purchasing the business our clients have continually invested in new equipment, along with fixtures and fittings which are all brought and paid for and included within the sale price which means any new purchaser will not have to spend any additional funds for some time. The business is owner operated and employs 3 full time and 7 part time members of staff and has an annual turnover of £250,565 with a GP of £184,817 and a healthy net profit. They serve a selection of delicious home cooked foods from, quiches, breakfasts, main course meals, sandwiches, baguettes, soups, salads, paninis, jacket potatoes, tea & coffee, cold drinks, wines and bottled beers. We believe that there is further untapped potential to increase trade by pushing the outside catering and introducing evening openings as a bistro to attract the theatre trade. The Deli Cafe enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade and of course is heavily reliant on the many visiting tourists.   This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed. 
Opening Hours
 
Monday - Saturday - 8.00am - 5.00pm
Sunday - Closed

Ground Floor

Restaurant comprising:
Tables and chairs for (60), double door drinks chiller, fridge, work surface, condiments area with fitted units, sales counter with sales till.
Front kitchen comprising:
Coffee machine (Iberitial), coffee grinder, hot water boiler, milk dispenser, salad/topping fridge with under counter fridges, griddle, crisper, electric oven, stainless steel work tops with under counter fridges, fridge, 3 x microwaves, 4 x pot bain-marie and wash basin.
Second restaurant comprising:
Tables and chairs for (26)

Staff W/C and wash basin
Office with walk in freezer
Ladies W/C and wash
Gents W/C and wash basin

Catering kitchen comprising:
Commercial 4 burner gas hob & oven, 4 x deep fat fryers, extraction unit, dough mixer, double sink drainer, wash basin, microwave, washing up area with jet spay rinse, sink and dish washer.

Hallway with fridge & freezer.

External

Front area with seating for (12)
Rear shared courtyard with vendors parking for (4)






Nearest stations

  • Stratford-upon-Avon (0.3 mi)
  • Wilmcote (2.9 mi)
  • Bearley (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 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

  • Stratford-upon-Avon (0.3 mi)
  • Wilmcote (2.9 mi)
  • Bearley (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 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 1071. 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 VERITAS BUSINESS SALES LTD, Solihull. 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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