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Cafe for sale

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

Guide Price £50,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well known and lucrative town centre café, mainly staff run
  • WT £1,200, excellent reputation, well presented throughout
  • Prominent trading position, extensive and loyal customer base
  • 20 internal covers and 20 external covers, genuine scope to develop, spacious self contained 2 bed accommodation

Full description

Tenure: Leasehold

DESCRIPTION
This is an excellent opportunity to purchase an established and lucrative café, which is situated in the popular town of Stratford upon Avon in Warwickshire.

The business is ideally located within the town amongst an abundance of retail outlets, professional organisations and independent food outlets, ensuring the area is a hive of activity with high levels of footfall throughout the day attracting both regular and passing trade. Its location also enjoys footfall from the train station.

Having successfully operated within the town since 2013, the business has established a truly enviable reputation for offering a range of wholesome hot and cold food, with a selection of coffees, teas and cakes, omelettes, jacket potatoes, paninis, ice creams, bagels and salads served within friendly and welcoming surroundings. The business subsequently boasts an extensive and loyal customer base.

The highly visible and imposing double fronted premises which has been updated providing good size and versatile business accommodation which is well presented with tasteful and attractive décor creating a relaxed environment.

The business generates healthy levels of profit, yet still offers genuine scope for future growth and development. The business would ideally suit an ambitious and focused couple who can oversee and continue to drive the business forward, with the opportunity to open during the evenings. This will naturally increase the weekly sales, whilst ultimately enhancing overall profitability.

Only now being offered for sale due to retirement, a viewing is highly recommended to avoid disappointment.

WEEKLY SALES
Currently shop sales average £1,200 - £1,300 approximately.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday 11:00 - 17:00.

STAFF
The business is mainly staff run with full/part time members of staff.

PROPERTY
The commanding and imposing double fronted premises, occupy a prominent trading position within the busy town centre. The property is well presented throughout, providing deceptively spacious and versatile accommodation.

TRADING AREAS
The open plan dining area is bright and airy with tasteful décor creating a welcoming environment. The cover seating area is complete with furniture and furnishings and there is a well fitted kitchen with a range of quality, valuable catering equipment, which has been well maintained. There is a total of 20 internal and 20 external covers.

Externally there is seating to the front which is ideal for al-fresco dining during the warmer months.

RESIDENTIAL ACCOMMODATION
This part of the property has not been inspected but we are advised by the owner that it comprises of a kitchen, a shower room and a double bedroom and an additional second double bedroom on the second floor.

TENURE
The vendors own the property and will grant a new FRI lease (subject to contract) for a period of 10 years at an initial rent of £22,000 exclusive of rates. A rent review will take place after the first 5 years and then every 3 years after that.

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

SUMMARY
This is a rare opportunity to purchase a successful business and a substantial property which is only now being offered for sale due to retirement. To avoid disappointment, a viewing is highly recommended.


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