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Ipswich, Suffolk

£77,750

Business rates & charges may apply

EM&F East Anglia, East Anglia
SIZE

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SECTOR

Cafe for sale

USE CLASSUse class orders: A3 Restaurants and Cafes

A3

Key features

  • Popular Town Centre Cafe
  • Maintained to a Very High Standard
  • 8 Years Remaining on Current Lease
  • Quality Equipment, Fixtures & Fittings
  • 5 Star Food Hygiene Rating
  • Menus for Breakfast, Lunch, Desserts & Drinks
  • Alcohol Licence (Only Served with Food)
  • Well Regarded on Social Media Platforms
  • Scope to Increase Revenue & Profits
  • Genuine Retirement Sale

Description

EMF are happy to present for sale Blends Café located in Ipswich, Suffolk - this is one for the coffee lovers! After 22 years of successful trading, the owners are now looking to retire and for a new owner to carry on the legacy which they have built. Situated in a fantastic high-street location with regular foot-fall, the café is warm and welcoming, serving a regular and loyal customer base in the heart of the town centre. Offering an inviting menu serving a variety of food and drink items, Blends is renowned for its high standards and exceptional service, making it loved within the community and on social media platforms alike. If this is the business for you, please get in touch to learn more.

THE BUSINESS

Blends Café offers a diverse menu catering for breakfast, lunch, desserts and drinks, with an alcohol licence permitting alcoholic drinks to be served with food. It is clear that the business has been well-run by the current owners, boasting a 5-star food hygiene rating and favourable reviews on social media. Weekly takings are currently in the region of circa £4,500, reflecting the café's popularity and robust customer base.

With a strong foundation, the business presents numerous opportunities to increase revenue, with options such as Sunday opening, extended weekday and Saturday hours, takeaway and delivery services, themed evenings, parties or special occasions being possibilities.

The current owners may be willing to stay on and work part-time within the business with a new owner for a limited period of time, to ensure a smooth handover and seamless transition.

PREMISES

Offering a ground floor and basement for additional storage, the total area is circa 96m2 of space, with a rateable value of £11,500.

The ground floor retail area is divided into:

* Zone A: 34.6m2
* Zone B: 15.3m2
* Zone C: 11.7m2

The basement floor provides additional internal storage with:

* 10.4m2
* 15.5m2
* 8.5m2

The premises can accommodate 30 covers inside, with a further 9 outside, are air-conditioned and are situated a minute's walk to the Buttermarket Indoor Shopping Centre complex, which offers a large car park making it a convenient location for customers. It has also been recently announced that 5 retailers are set to move into the former BHS store opposite, which will only increase footfall.

Additionally, there is a Rational oven and 2-deck pizza oven available for purchase by separate negotiation.

This well-presented café offers a new owner a fantastic opportunity - contact us at your earliest convenience.

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ADDITIONAL INFORMATION

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL INFORMATION: In order to release further information on the business - such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

REFERENCE NUMBER: TR39566E

OPENING HOURS: Monday to Friday, 8:30am to 3:00pm. Saturday, 8:00am to 3:30pm. Closed Sunday.

TENURE: Leasehold. Approximately 8 years remaining on the lease which ends in 2033, with the option to renew.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the lease.

RENT PAYABLE: £18,000 less £2,000 rebate, £16,000 + VAT per annum.

RATES PAYABLE: Nil. We are advised that the business benefits from Small Business Rate Relief.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: 7 staff in total (3 of which are Saturday only). Correct at the time of listing.

EPC: Energy Performance Certificate shows a rating of '35/B' and expires 10th June 2034. Full Energy Performance Certificate available on request.

PRICE: £77,750 + Stock at Valuation.

For the benefit of the leasehold, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING: Strictly by appointment only, please get in touch to make an appointment.

FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.

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DISCLAIMER

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

Energy Performance Certificates

EPC

Brochures

Ipswich, Suffolk

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ipswich Station0.6 miles
  • Derby Road Station1.2 miles
  • Westerfield Station1.7 miles

About EM&F East Anglia, East Anglia

116-118, Prince Of Wales Road, Norwich, NR1 1NS

Thinking of selling your business? That's our business!

EMF East Anglia are Business Transfer Agents with an office based in Norwich City, Norfolk.

We cover all of East Anglia - Norfolk, Suffolk, Cambridgeshire, as well as Warwickshire & Northamptonshire and have been operating as a group since 1963, making us the second oldest business transfer agency in the country.

If you are thinking of selling your business, get in touch on (01603) 662 662 for a FREE no obligation valuation.

Why choose us?

* FREE no obligation valuation on your business

* High quality individually written sales particulars

* Quality photographs taken with a digital SLR camera

* Professional and approachable staff

* Virtual tours and floorplans available

* Honest advice with a non-pushy and upfront approach

* Physical office - we are not a call centre or traveling sales rep operation

* Member of the EMF Group Franchise established for over 50 years

* Local and national interoffice marketing

* Extensive online marketing of your business on all of the major portals including Rightbiz.co.uk, Daltons Business, BusinessesForSale.com, Rightmove Commercial, Zoopla Commercial, Prime Location and of course our own website at www.emfgroup.com

* Social media marketing on Facebook, LinkedIn, Twitter and Instagram

* Competitive fees

* Fair contracts with no early exit fees

Whether buying or selling, please contact us for a friendly professional service from a business that has been established for over 50 years.

Took book a valuation or just to have a chat, please call our East Anglia office on (01603) 662 662.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference TR39566E. 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 EM&F East Anglia, East Anglia. 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.

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