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Cafe for sale

Market Square, Telford, Shropshire, TF1

Guide Price £37,995

Property Description

Commercial information

  • Business for sale

Key features

  • Established and well known town centre café / coffee shop
  • High foot fall, T/O £1,700-£2,000 pw
  • Well presented 16 cover dining area, valuable modern equipment
  • Viewing strongly recommended

Full description

DESCRIPTION
This is an exciting opportunity to purchase a well established café and coffee shop, which is prominently situated within the bustling and popular town centre of Wellington, Telford in Shropshire.

The shop is located on a busy parade, with the towns bus stop a short distance away connecting other towns and villages within the area. The business is located amongst an abundance of retail outlets and professional premises, attracting high levels of footfall and passing trade.

Having successfully operated within the town for many years, this well-known business has earned an enviable reputation, offering excellent home cooked food with a warm, friendly service. The business boasts an extensive and loyal customer base.

The business operates from a highly visible, double fronted lock up corner premises, providing a spacious 16 cover dining area in side and an additional 12 outside. The business is bright and airy with tasteful, attractive décor creating a welcoming environment.

The business also enjoys the possibility of introducing a delivery service as well as outside catering, business lunches and evening dining, giving the opportunity to increase the turnover and profitability.

This opportunity would ideally suit an ambitious and energetic operative, who can enjoy the financial rewards generated. To appreciate this first class opportunity, a viewing is highly recommended.

WEEKLY SALES
Currently shop sales average £1,700 - £2,000 approximately.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday 08:30 - 16:00

STAFF
Managed by the owners with full/part time members of staff.

PROPERTY
The highly visible and imposing corner position, double fronted premises offers a spacious and versatile lock up business accommodation. The facilities include; toilets, a storage room and a kitchen/preparation area.

RESTAURANT AND BAR AREAS
The well presented 16 cover dining area is light and airy with tasteful, attractive décor, creating a welcoming environment. The open plan kitchen is fitted to a high standard, with a comprehensive range of quality, modern catering equipment that has been well maintained. There is also a toilet and storage room available. There are also an additional 12 covers out the front of the premises.

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 2013. The annual rent is £16,800 exclusive (correct as advised on 24/02/16). 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
This is a rare opportunity to purchase a wonderful business in such a prime location, with a bright and exciting future. To avoid disappointment, a viewing is highly recommended.


More information from this agent

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