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Cafe for sale

Worcester Road, Malvern, Worcestershire, WR14

£339,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A3 Restaurants and Cafes and A5 Hot Food Take away

Key features

  • Established business
  • Large 5 bedroom accommodation above
  • Change to a restaurant or takeaway
  • Main road location
  • In an area of Natural Outstanding Beauty
  • Suitable for conversion

Full description

Tenure: Freehold

Established A3 Café For Sale In Malvern, Worcestershire
Freehold 5 Bedroom Family Home
Scope for change of use
Ref 1075

Location

The business is located on a busy main round in the spa town Malvern in Worcestershire which is an area of Natural Outstanding Beauty. It is surrounded by a large amount of complementary businesses, residential properties, travel and parking facilities which are all beneficial for the business and its trade. There is extra parking near by due to the local supermarket, creating more space to expand the custom base. Malvern is easily reached through the A449 providing easy access to tourists and visitors. 


Financial information

Asking price: £339,950 plus SAV
Turnover: £38,000 pa
Gross Profit: 82%
Stock value: £500


Opening Hours

 
Monday - Friday - 7.00am - 2.00pm
Saturday - 8.00am - 12.30pm
Sunday - Closed


Business Description

Veritas Business sales are delighted to offer for sale this respected and established café. The business has been in the careful hands of the current owner for the last 33 years and the business was originally established in 1969 by his parents. Reluctantly the business is being offered for sale because my client wishes to peruse a well deserved retirement. Since ownership of the business they have continually invested in new fixtures, fittings and equipment which are all bought 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 has an annual turnover of £38,000 with a gross profit of around 82% and serves traditional breakfasts, daily specials, sandwiches, baguettes, soups and hot & cold drinks. The business is owner operated and has the help of just 1 part time member of staff. We believe that there is further potential to increase turnover by introducing longer hours, opening evenings, Sunday openings as a tea room, adding outside catering and this could easily be transformed into a restaurant, bistro or takeaway. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. We consider this a rare 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. 
Ground Floor

Café comprising seating for (32), serve over sales counter with sales till and cake display cabinet, drinks cooler, fridge freezer and 2 x fruit machines.
Catering kitchen comprising, hot water boiler x2, 4 pot wet bain-marie, deep fat fryers x 2, 4 ring gas hob and oven, fitted units, microwaves x2, fridge freezer, double sink and wash basin.
Entrance hallway with self contained door to the accommodation.
Front lounge with gas fire
Rear lounge/dining room
Utility room/ laundry room with sink drainer and freezer and pantry
Potato chipping room with potato rumbler & chipper
Cellar 1 x dry store room (below ground)

First floor

Double bedrooms x 5 and one has a wash basin
Large family bathroom with bath, w/c, shower cubicle and wash basin

External

Front garden area
Rear and side garden with small wooden potting shed and large wooden storage shed


Map & Street View

Disclaimer - Property reference 1075. 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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