Cafe for sale

Kingfisher Square, Redditch, Worcestershire, B97

Leasehold 43 sq. m. | £44,999

Property Description

Commercial information

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

Key features

  • REF 12577
  • LEASEHOLD CAFE

Full description

Tenure: Leasehold

LOCATION
Napoleon café occupies substantial premises, ideally located within the bus station at the Kingfisher Shopping Centre in Redditch, Worcestershire. The business benefits from a very high volume of footfall and passing trade, with no other competition within the area. The Kingfisher Shopping Centre was opened in 1976 by the them Prime Minister James Callaghan, and now forms part of the town's primary retail centre.

Redditch is a town in north-east Worcestershire. According to the 2011 census, the town had a residential population of 84,300. The award-winning Arrow Valley Country Park and sailing lake can be found just a short distance from the town centre. The town is surrounded by pleasant countryside and places of great historic interest, such as Stratford-upon-Avon and Shakespeare's birthplace. Redditch is home to several engineering and automotive companies including Halfords.

The area of the business is extremely well served by the public transport system. Redditch railway station is just a two minute' walk away. The area is also well served by the A-roads, with the A441 being within easy driving distance, which links to the national A-road and motorway networks. Worcester is approximately 22 miles away and Kidderminster is 16½ miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and very busy café business, which is ideally located in the bus station at the Kingfisher Shopping Centre, Redditch.

The business was established approximately 20 years ago and has been in our client's careful ownership since 2011. Only now is the business, reluctantly, being offered to the market due to our client's desire to concentrate on other business interests. The café operates 6 days per week and generates a turnover in the region of £70,000 per annum, with a good gross profit.

Our client offers a wide variety of fayre including all day breakfasts, light bites, hot and cold sandwiches, baguettes, salads, jacket potatoes, burgers, Paninis and a children's menu, as well as a selection of hot and cold beverages. The property boasts approximately 43 sq. metres of floor space with 10 internal covers and a secure seating area opposite with 40 covers.

The business has built up an excellent reputation within the area for the very high quality of the food and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps opening later during the week to catch the early evening trade. A new owner could also embark on a modest marketing campaign to highlight the fayre offered.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving and busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

PREMISES
Substantial premises in an ideal trading location, briefly comprising:

Brightly lit café with windows to front.
Tiled flooring.
10 covers.
2 x large refrigerated serve over counters.
Suspended ceiling.
Electronic cash register.
Illuminated menu board.

Commercial kitchen with:

Full extraction system.
Stainless steel splashbacks.
Perimeter shelving and intensity storage.
Francino coffee machine.
Coffee grinder.
Stainless steel refrigerators.
Buffalo grill.
2 x ring electric hob.
Griddle.
Apollo commercial oven.
Pie warmer.
Twin heavy duty deep fat fryer.
2 x microwave ovens.
Preparation area.

Freezer/dry goods room:

Chest freezer.
Perimeter shelving.
Free standing shelving unit.

Wash-up room:

Stainless steel sink unit and drainer.
Wall units.
Tiled splashback.

External:

Visible signage.
Electric security shutters.
Large secure seating area with 40 covers.

TENURE
We are advised leasehold:

Original lease length: 10 years
Remaining lease length: 8 years
Review every: 5 years
Rent: £1,129 per month

HOURS
The business is open:

Monday - Saturday: 7.30am - 5.00pm
Sunday: Closed

STAFF
The business is owner run and managed with 1 x full time and 1 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £70,000 per annum, with a good gross profit.


Nearest stations

  • Redditch (0.0 mi)
  • Alvechurch (3.0 mi)
  • Barnt Green (4.3 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 299139 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

  • Redditch (0.0 mi)
  • Alvechurch (3.0 mi)
  • Barnt Green (4.3 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 299139 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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