Cafe for saleMeer Street, Stratford-Upon-Avon, Warwickshire, CV37
Under Offer £99,950
- Business for sale
- Use class orders: A3 Restaurants and Cafes, A4 Drinking Establishments and A5 Hot Food Take away
- Established business
- Prime location
- Scope to increase the buffets
- Well fitted
- Outside space
- Genuine sale
This outstanding concern is located in the heart of Stratford Upon Avon which is the birthplace of William Shakespeare, steeped in culture and history. 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.
Asking Price: £99,950 plus SAV
Turnover: £215,000 net of VAT pa
Original term: New 10 year lease available
Rent: £30,000 + VAT pa
Rates: £ 8,230 pa
Veritas Business Sales are delighted to offer for sale this respected Coffee Shop/Tea room & Sandwich Bar/takeaway concern. The business has been established for over 20 years and has been in the careful hand of my clients for the last 2 ½ years and is reluctantly being offered for sale due to ill health. Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and requires the help of 1 part time and 6 casual members of staff and has an annual turnover of £250,000 with a GP of 70%. The coffee shop/tea rooms equates to 50% of the turnover, the sandwich bar/takeaway equates to 40% of turnover and the remaining 10% is from the buffets & outside catering. The business serves a fine selection of freshly prepared sandwiches, baguettes, jacket potatoes, salads, soups, hot daily main course specials, pasties, pies, home made quiches & cakes, specialist teas & coffees, cold drinks and crisps which can be eaten in or taken away. We believe that there is further potential to increase trade by expanding on the outside catering & buffets and they have just be granted a permit to sell ice cream outside. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. 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 business is not to be missed.
Monday - Saturday - 9.00am - 4.30pm
Sunday - 10.00am - 3.30pm
Coffee shop comprising: seating for (18), sales counter with client pos till, espresso coffee machine (Wega), coffee grinder (Mazzerlugi), hot water boiler (Eco boiler), hand wash basin, 3 door under counter fridges and air con unit/heater.
Small cupboard for crockery storage.
Sandwich bar/takeaway comprising: sales counter with client pos till, window display, chilled display unit, 3 door under counter fridge, double panini machine, pasty oven (Anna), commercial microwave, hot plate food display/warmer, soup kettle and work surfaces.
Wash room comprising: dishwasher, wash basin and storage shelves.
Ladies W/C and wash basin
Gents W/C and wash basin
Cupboard with (Ariston) water boiler
Dry stores with upright fridge, weighing scales and storage shelves.
Kitchen comprising: double sink drainer, stainless steel work top, dough mixer, toaster, deep fat fryer, 3 pot dry bain-marie, mobile food cooling racks, large upright fridge, small upright fridge, convector oven (Blue seal), 2 ring induction hobs x 2, tall upright freezer, small upright freezer, extractor and air con unit/heater.
Rear outside covered terraced area with seating for (9)
Frontage with seating for (20)
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