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Cafe for sale

High Street, SA73

41 sq. m. | £27,500

Property Description

Commercial information

  • Business for sale
  • 441 sq ft (41 sq m)

Key features

  • REF: 12652
  • LEASEHOLD
  • CAFE

Full description

Tenure: Leasehold

LOCATION
Snack Shack is located in Neyland, Milford Haven, Pembrokeshire.

The business is situated in a mainly residential area, on a main road position, with lots of footfall. The café is opposite a busy post office and is amongst a variety of retail outlets and residential properties. Along the street is a parking bay, to allow for customers and residents to easily park up. The road on which the business is located loops around the town of Neyland, benefiting the store with a mass of passing trade.

Neyland has great public transport, there is a bus stop just a short walk from the property. The closest train station is in Pembroke, which is just a short 10 minute drive away.

BUSINESS
Hilton Smythe welcomes to the market Snack Shack. The business was originally established in 2014 by our client, who is now looking to sell the business, due to the desire to take a well-deserved retirement.

This café has been a great success in this location, they offer an eat-in or takeaway option; for all their products. The café sells hot and cold drinks, baguettes, sandwiches, burgers, jacket potatoes, toasties, pies and more. This café has an excellent menu that has proven to be very popular.

The business generates a healthy turnover of around £49,000 with a gross profit circa of 64% as per 2016 accounts. This is a good turnover, however, we feel this could be increased in several ways. Two ways would be to, expand the delivery service and maximise the use of social media. Our client offers a delivery service in their sign-written vehicle (this is not included in the sale). However, the signage is removable and will be included. The new owner could look to advertise with sites such as, JustEat and HungryHouse, to boost the deliveries further. Social media sites are also a great way of advertising, this is free and should be something the purchaser looks into.

We are advised that there is little competition in the area. The town also requires an outside catering service, this could be something the new owner looks into.

This is an exceptional café that has huge scope to boost trade. The business would make a perfect opportunity for a first time purchaser. Our client would also be willing to offer a handover period, to allow for a smooth transaction period. Hilton Smythe highly advise early viewing, to take in full potential of the trade.

PREMISES
This is a beautifully presented and well-maintained business. At the front there is a window and glazed door creating a light airy interior. There is signage in the window, which is clear to passing trade.

On entrance you are welcomed by the great décor. There is wood effect laminate flooring, tongue and groove wood panelling to dado height. The counter is in the centre of the room, this separates the seating area with the preparation space. The room is open plan with the preparation area on view.

Equipment included in the sale is as follows-
Breakfast bar with seating beneath.
Tables and chairs.
Glass fronted drinks chiller.
Feature menu boards.
Refrigerated serve over salad bar.
Bespoke counter with lift up flap for access.
Glass cake displays.
Hot cabinet/pie warmer.

Kitchen Area
Comprehensively equipped and presented in immaculate order.

Equipment-
Till.
Coffee grinder.
Wega coffee machine.
Perimeter shelving.
Milkshake maker.
Generous run of worktop.
Circular stainless steel hand wash basin.
Soup maker.
2 x under counter fridges and a freezer.
2 x microwaves.
Panini maker and sandwich toaster.
Hanging utensil storage.

Rear storage/utility area leads through to a staff toilet. There is a tiled floor and glass roof to make for a bright room. This room has further equipment.
2 x upright fridge/freezers
2 x chest freezers freestanding
Shelving unit

WC
With hand wash basin

Removable car signage included in the sale.

TENURE
We are advised the business is being sold as a Leasehold opportunity.
New lease to be agreed.
Rent: £500 per annum.

HOURS
The business opening hours-

Monday - Friday: 8am - 3pm
Saturday: 8am - 2pm
Sunday: Closed

STAFF
The business is run and managed by our client, with the help of family members.

FINANCIAL PROFILE
The business generates a healthy turnover of around £49,000 with a gross profit circa of 64% as per 2016 accounts


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