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Cafe for sale

Church Piece, Cheltenham, Gloucestershire, GL53

Leasehold 31 sq. m. | £49,995

Property Description

Commercial information

  • Business for sale
  • 333 sq ft (31 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • REF 12349
  • LEASEHOLD BUSINESS

Full description

Tenure: Leasehold

LOCATION
The business is located in the affluent suburb of Charlton Kings in Cheltenham, Gloucestershire.

The Snug Café occupies a prominent position within a pedestrianised area in the town centre. Next to a busy convenience store and close to the library, church and local school ensuring good footfall in the area. The café benefits from a large public car park and bus stop within walking distance.

The town lies on the A40 providing an easy commute to the spa town of Cheltenham and the M5 and national motorway network beyond.

BUSINESS
Hilton Smythe welcomes to the market The Snug Café. The business was founded by our client 2 years ago and has quickly become a favourite eatery within the town and is very well supported by the local community seeing a high amount of repeat trade.

The business reports a generous turnover in the region of £45,000 with a gross profit of around 67%.

The café is immaculately presented with modern bright décor and bespoke furnishings made by our client providing comfortable seating for 16 covers internally and a further 8 covers externally in the warmer months. The business is fully operational with quality equipment to suit the trade. The café has an excellent reputation for the quality of food with a good range of hot and cold sandwiches, paninis, wraps, salads and snacks all accompanied by quality freshly brewed coffees.


Our client has constantly updated and evolved the café so it looks brand new and is in walk in condition for the new owner. The business genuinely comes to the market as our client wishes to pursue other business opportunities and we would encourage early viewing of this great business venture in this desirable location.

PREMISES
End of parade premise briefly comprising:-

Immaculately presented frontage with vibrant signage and seating for 8 covers, highly visible to passing trade.

Snug café area, good décor with good use of space with built in storage etc. Bespoke hand-made furnishings including lights, benches and serving counter with built in customer fridge.
16 covers
Door to toilet facilities and storage cupboards

Seating outside with council permission for 3 tables and 8 chairs


Equipment includes.
2x freezer - 2 door fridge
Display fridge
Counter food display
Panni machine
Small oven
Pastry mixer
Coffee machine
Microwave

TENURE
We are advised leasehold.
The original lease length is 10 years
With 8 years remaining on the lease from 2016.
Review period is 5 years
Rent is £450 per month.

HOURS
The business opens
Monday to Friday 8.00am - 5.00pm
Saturday 9.00am - 4.00pm
Sunday closed.

STAFF
The business is owner run and managed.

FINANCIAL PROFILE
The business reports a generous turnover in the region of £45,000 with a gross profit of around 67%.


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