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Cafe for sale

Lydney Industrial Estate, Harbour Road, Lydney, Gloucestershire, GL15

74 sq. m. | £29,999

Property Description

Commercial information

  • Business for sale
  • 796 sq ft (74 sq m)

Key features

  • REF: 2770
  • LEASEHOLD

Full description

Tenure: Leasehold

REF: 2770

BUSINESS
Hilton Smythe welcomes to the market Harbour Café. The business was established in the 1970's with our clients successfully running the business since inception in 1995. The business benefits from very little competition in the area and sees much repeat trade.

Harbour Café is immaculately presented with cheerful décor, seating for 35 covers and well equipped kitchen area. The café has a hygiene rating of 5. The café serves a great varied menu from breakfasts to hot and cold sandwiches and snacks. The business reports a healthy turnover of circa £72,000 per annum with a gross profit in the region of 40%.

The cafe is very well supported by local businesses and has an excellent reputation for the quality of service and value for money. However, we believe there is huge potential for further growth. We are advised by our client that there has been a great demand for a delivery service in the area for a sandwich round. The café is comprehensively equipped to cope for this and could even expand into the outside catering field for private parties or business meetings. We believe the business would also benefit from having a presence on social media websites and launching a website to entice new custom.

This is a fantastic turnkey business venture which genuinely comes to the market as our clients which to pursue other business interests. We highly recommend early viewing.


LOCATION
Harbour Café is located in the town of Lydney in the county of Gloucestershire.

The business is ideally situated on a busy industrial estate, surrounded by a plethora of factories and offices from which the business derives much trade. The business benefits from free parking directly to the front, with excellent footfall in the area.

Lydney is located on the west bank of the River Severn and is popular with tourists and visitors to the beautiful Forest of Dean nearby. The area boasts its own railway station and is served by the A48 running between Gloucester to the north and Chepstow to the south.

PREMISES
Single storey unit with roller shutter security to front and briefly comprising:-

Cafe
Immaculately presented and recently decorated café area, vibrant attractive décor and table and chairs for 35 covers, tiled floor, glass fronted drinks chiller, confectionery shelving, tiled walls at dado height, bespoke counter with tiled inserts and stainless steel top, suspended ceiling with concealed lighting.

Kitchen
Comprehensively equipped kitchen fitted out at considerable cost housing; air conditioning, full extraction system, 8 pot Bain Marie with storage beneath, cutlery storage dispensers, refrigerated serve over counter, stainless steel 'Burco' urn, grill, twin fryer,4 ring electric oven,3 larder fridges, generous run of worktops, stainless steel preparation benches, chest freezer, upright freezer, perimeter shelving ,3 microwaves, four slot toaster, stainless steel sink with drainer and cupboards beneath, stainless steel splashbacks, separate stainless steel hand wash basin, wall utensil storage, industrial stainless steel dishwasher and stainless steel wall cupboards.

The business has good signage, highly visible to passing trade, ample free parking and space outside for tables and chairs.

TENURE
We are advised leasehold.
The original lease length is 10 years
1 year remaining on the lease
Rent is a peppercorn £250 per calendar month.

HOURS
The business opens:-
Monday to Friday 8.00am - 2.00pm
Saturday 8.00am - 11.00am

There is the potential to extend opening hours if desired.

STAFF
The business is owner run and managed with the assistance of 2 part time members of staff.

FINANCIAL PROFILE
The business reports a healthy turnover of circa £72,000 per annum with a gross profit in the region of 40%.


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