Cafe for sale

5 Milton Green, Christchurch Road, New Milton,

Leasehold 160 sq. m. | £120,000

Property Description

Commercial information

  • Business for sale
  • 1,722 sq ft (160 sq m)

Key features

  • REF: 12567
  • LEASEHOLD CAFE

Full description

Tenure: Leasehold

LOCATION
The business is located in the idyllic market town of New Milton, Hampshire.

Banging Breakfast Café occupies a prominent trading position on the A337, the main commuter road between Bournemouth and Lymington. The café sits in a busy retail parade at the heart of this large residential community ensuring good and constant footfall throughout the day.

New Milton is situated at the edge of the stunning New Forest and the business is close to the breath taking coastal village of Barton on Sea. The area is a haven for holiday makers, with many tourists visiting the area year after year.

BUSINESS
Hilton Smythe welcomes to the market Banging Breakfast Café. The business was established by our clients in 2014 and has seen year on year growth to the profitable concern it is today and is very well supported by local residents and tourists alike.

The café offers an extensive menu and is well known for breakfasts, especially for groom parties using quality produce from the local butchers. Other items available are panini's and toasties, jacket potatoes, homemade favourites, chips, baguettes, sandwiches, baps and wraps, selection of sides as well as daily specials and hot and cold beverages.

As per 2016 accounts the business reports a healthy turnover in the region of £96,844, with a gross profit of approximately 69%. The café has a presence on social media website Facebook with regular posts and features and with over 700 likes and boasts excellent reviews on TripAdvisor. The business has achieved a 5 star food and hygiene rating.

The café is immaculately presented, light and airy with vibrant décor and furnishings affording a 50 cover seating area. The commercial grade kitchen is substantial with a high level of quality equipment. The size of the area opens up the potential to introduce outside catering services and the café could extend opening hours into the evening to generate further income.

Above the business is a private 2/3 bedroom flat with a fantastic large roof terrace, ideal for a couple or family looking for a lifestyle change in this lovely desirable location.

We highly recommend early viewing of this outstanding business, which genuinely comes to the market due to family commitments, with our clients willing to offer a hand over period to ensure the smooth transition of ownership if required.

PREMISE
Well-presented double frontage with vibrant signage, highly visible to passing trade.

Ground
50 cover seating area
Ladies toilet with disabled facilities
Gents toilet
Service counter and drinks preparation area

Office area
Staff room /storage area including staff toilet.
Kitchen area 1 - cooking area
Kitchen area 2 - sandwich /salad prep area and dishwashing
Freezer storage room

First
Ground floor hallway and utility area for self-contained flat
Landing area with office space
Family bathroom
Kitchen / lounge area
First bedroom or alternative sitting room with French doors onto roof terrace
Second- master double
Third - single bed

Equipment
4 stainless steel prep units with under refrigeration built in
2 stainless steel counter preparation sinks and preparation tables
Classeq pass through dishwasher
Panini grill
Large griddle
Lincat fryer
4 ring gas burner oven
Full length extraction unit
Food warmer
Soup kettle
Toasters and microwave
2 stainless steel trolleys
Managers desk
2 Group Grigia coffee machine
Display fridge
Till (rented)
External
Private yard for staff or delivery parking space
Shared secure parking for staff accessed by shared driveway
Secure store cupboard.

TENURE
We are advised leasehold
Original lease length 10 years
Review period is every 5 years
As of 2016 6 years remain on the lease

HOURS
The business opens: -
Monday to Thursday
8.00am - 2.00pm
Friday, Saturday and Sunday 6.30am - 2.00pm

STAFF
The business is owner run and managed with the assistance of 7 members of staff

FINANCIAL PROFILE
As per 2016 accounts the business reports a healthy turnover in the region of £96,844, with a gross profit of approximately 69%.

Nearest stations

  • New Milton (0.7 mi)
  • Hinton Admiral (2.2 mi)
  • Sway (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • New Milton (0.7 mi)
  • Hinton Admiral (2.2 mi)
  • Sway (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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