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Cafe for sale

40 Stockbridge Road, Winchester, Hampshire, SO23

Sold STC £25,000
43 sq. m.

Property Description

Commercial information

  • Business for sale
  • 462 sq ft (43 sq m)

Key features

  • REF: 2528

Full description

Tenure: Leasehold

This fully-fitted cafe is located in the historic City of Winchester, Hampshire.

The shop occupied a superb trading position directly facing the main line train station, the property sits within a busy retail area, surrounded by a plethora of complementary businesses ensuring constant footfall throughout the day.

Winchester is situated around 61 miles south-west of London and circa 13.5 miles from Southampton. The last recorded population in 2011 was 45,184. The city is served by several B roads and is accessible from the M3 motorway.

Hilton Smythe is delighted to introduce to the market this fully-fitted coffee shop. This immaculately presented premise was successfully run and managed by our client for the last 3.5 years. The coffee shop is genuinely coming to the market due to our clients other business interests.

This was a successful business when it was up and running. However the coffee shop has only very recently had to close. The shop comes to the market fully-fitted and is in a walk-in trading position. This would be a perfect opportunity for a purchaser looking for a fresh new coffee shop to make their own.

The coffee shop generated a turnover of around £15,000, with the potential to further grow. The shop was completely refurbished recently and is now modern and stylish with vibrant décor and is finished to a high standard with first class equipment. All equipment is included in the sale.

The coffee shop sold a wide range of top grade beverages, sandwiches, soups, snacks and tasty treats. There is so much potential for this property and with a hard working new owner this could be more successful than it originally was.

This is a fantastic turnkey business opportunity in a prime trading location. Hilton Smythe highly advise early viewing in order to take in the full potential of this business.

Mid terrace premise (42 sq mtrs. 7.65m x 5.6m x 2.92m) briefly comprising:-

White wood framed fully glazed door leads into main seating area.

Seating area consists of grey power coated aluminium frame chairs with modern black faux leather padded seats, along with matching glass top circular tables.

A sofa seating area is located to the front of the café and consists of one large grey fabric sofa with dark wood cube table in front.

Surrounding the walls of the café are cubed storage/display cabinets. These house a selection of European produce as well as books and the music centre.

To the rear of the café is the front kitchen area.
This area is used for making hot drinks and serving.
Equipment here includes:-
1 x unbranded two handle coffee machine.
1 x unbranded coffee bean grinder.
1 x DELL pc monitor (used for CCTV)
1 x Sharp XE-A102 electronic till.
1 x Zanussi under counter fridge.

1 x Bosch under counter fridge.
1 x Bosch dishwasher.
1 x Lamona built in gas oven (currently not built in)
1 x unbranded electric ceramic hob.
1 x twin round stainless steel sink with mixer tap.
1 x Sharp microwave oven.
1 x small white sandwich toaster.
1 x SEAL under counter glass fronted chilled cabinet.
1 x Belling two door heated cabinet.
1 x wall mounted extractor unit (standard equipment not commercial).

1 x single bowl WC.
1 x hand wash basin
1 x hand towel dispenser.

We are advised leasehold.
17 years remain on the lease
Reviewed every 5 years
Rent is £6,500 per annum.

The business generated a turnover of £15,000 per annum. The coffee shop was run at a steady pace so the income could be much higher with a new owner.

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