2 bedroom commercial property for sale

Charles Street, Willenhall

Under Offer £39,995

Property Description

Key features

  • 34 Cover Leasehold Cafe
  • Includes 2 Bed First Floor Flat
  • Huge Scope For Development
  • Exceptional Trading Location
  • Re-Fitted To High Standard

Full description

The business has been trading as a Cafe for more than 20 years and has been under the ownership of our clients for the last 2 years. Customers visiting the business have choice from a wide and varied menu that includes hot breakfasts, sandwiches, hot lunches and both hot and cold beverages.
The business benefits from having a strong repeat customer base as well as a healthy passing trade.

Agents notes

BUSINESS OVERVIEW
The business has been trading as a Cafe for more than 20 years and has been under the ownership of our clients for the last 2 years. Customers visiting the business have choice from a wide and varied menu that includes hot breakfasts, sandwiches, hot lunches and both hot and cold beverages.
The business benefits from having a strong repeat customer base as well as a healthy passing trade.

SCOPE FOR DEVELOPMENT
By our clients own admission, the business is not currently being operated to it's full potential and any new owner may wish to consider a number of options to increase turnover. Just one example would be to consider an extension to the opening hours in order to offer an evening meal menu and Sunday lunches. Also considering additional revenue streams such as outside catering or an online ordering service may be avenues worth considering.

PREMISES
The premises have been fully refitted to a high standard by the current owners. The exterior of the premises features a number of highly visual pieces of signage. The main shop floor is accessed directly from the footpath and features 34 covers as well as a large customer waiting area with service counter. Further rear to the counter is a well stocked kitchen with numerous food preparation stations. There is also a stock room, pantry and staff toilet facilities.
The first floor offers living accommodation in the form of a self contained two bedroom flat. In brief, this comprises of Lounge, Kitchen, Two Bedrooms and Bathroom.

LOCATION
The business operates from premises situated on Charles Steet, Willenhall. This is a busy thoroughfare allowing for both heavy footfall and large number of passing vehicles on a daily basis.
The surrounding area offers an ideal client base having a nice blend of residential properties and commercial/industrial businesses.

OPENING HOURS
Mon - Fri: 08:00 - 14:00
Sat: 07:30 - 12:00
Sun: CLOSED

STAFF
The business currently operates with one full time and three part time members of staff.

LEASE
The current lease expires in December 2017 and is payable at £9,000 per annum. Our client has advised us this lease is renewable upon expiry.

REASON FOR SALE
Our clients offer the business for sale to allow them to concentrate on their other existing business interests.

FINANCIAL PROFILE
Full financial details will be made available upon request to our client.
As an additional income stream, the residential flat is currently let out at £480pcm.

More information from this agent

Nearest stations

  • Bloxwich (2.2 mi)
  • Bilston Central (2.3 mi)
  • The Crescent (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

L & S Prestige Estates, Willenhall

46 High Road, Willenhall, WV12 4JQ

01902 910065 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

  • Bloxwich (2.2 mi)
  • Bilston Central (2.3 mi)
  • The Crescent (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

L & S Prestige Estates, Willenhall

46 High Road, Willenhall, WV12 4JQ

01902 910065 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.

Disclaimer - Property reference PES11690. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by L & S Prestige Estates, Willenhall. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.