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St. James Street, Taunton, Somerset, TA1

Leasehold
£145,000

£145000.00 per sq. ft.

Business rates & charges may apply

STONESMITH, Exeter
SECTOR

Cafe for sale

USE CLASS
Use class orders: A3 Restaurants and Cafes

A3

Key features

  • Popular Well Presented Town Centre Sandwich Bar/Coffee Shop & Café
  • Trading On A Daytime Only Basis
  • Internal Seating For 20 Customers & 12 Customers Externally
  • Occupying Prominent & Lucrative Trading Location
  • Impressive Levels Of Trade & Strong Profits
  • Excellent Catering Opportunity

Property description

THE PROPERTY
The Wickets is an extremely well established and well-regarded day time only sandwich bar, coffee shop and cafe which occupies a prominent and highly visible trading position in Taunton town centre, close to the Somerset County Cricket Ground. The lock up leasehold premises are furnished and equipped to a high standard, and consequently the business offers incoming operators the opportunity to purchase an established sandwich/coffee bar and cafe, with an excellent reputation. This highly desirable and purposefully equipped catering business is extremely well presented throughout and briefly comprises:- Substantial Servery Area; Customer Seating Area for approximately 20 customers; Customer WC, Commercial Catering Kitchen, separate lower ground floor Preparation Room and extensive storage. Externally to the front is an Outside Seating Area for 12 customers. The sale of Wickets represents the opportunity to purchase an established and well-regarded business with an excellent trading position and highly impressive levels of trade and profits, and still offers genuine potential to increase all aspects of the trade still further.

SITUATION
Wickets occupies a prominent and highly visible trading position within Taunton's town centre. The excellent location is within the immediate vicinity of a number of renowned national retailers and well placed to benefit from the considerable commercial advantages of other complementary businesses, office and residential developments, and the nearby Somerset County Cricket Ground, all of which generate significant levels of business. Taunton is the county town of Somerset and a principal administrative centre nestled between the Quantock, Blackdown and Brendon Hills. With a growing resident population of over 65,000 and a catchment population of over 300,000 within a 30 minute drive, the town has convenient access to junction 25 of the M5 Motorway. The mainline railway station is around ten minutes walk away and provides direct access to London Paddington in under 2 hours.

INTERNAL DETAILS
Prominent corner position with glazed door to side and glazed bi-fold doors to the front, leading into main Cafe Seating and Waiting Area. A well-presented and attractive purpose fitted area with stripped wood flooring, feature lighting, 2 glass fronted bottle fridges, a range of freestanding wooden topped tables, perimeter fixed wooden settle seating and stools, comfortably seating 20 customers. Substantial L-shaped wood fronted Customer Servery with stripped wood flooring, glass fronted serve-over refrigerated display counter with double refrigerated storage to rear, glass fronted serve-over hot food display cabinet, wall shelving, perimeter work surfaces with storage shelving below, four-slice toaster, panini grill, two 2-pot bain maries, stainless steel sink unit, part tiled walls, electronic cash register, coffee grinder, commercial coffee machine, cake display and wall mounted menu boards. Customer WC. Commercial Catering Kitchen with altro flooring, part stainless steel and part wipe clean clad walls, extractor system with stainless steel canopy over, six burner gas range, stainless steel work surfaces with shelving below, wall cupboards, further work surfaces, deep fat fryer, twin deep bowl stainless steel sink unit, serving hatch to customer servery area, stainless steel handbasin, microwave oven, two under counter fridges and stainless-steel racked shelving. Store Cupboard and Staff WC. Stock Room on the lower ground floor with non-slip flooring, fully tiled walls, extensive range of work surfaces with base cupboards under, three chest freezers, twin deep bowl stainless steel sink unit and stainless steel handbasin. Further Storeroom.

EXTERNAL DETAILS
Directly to the front of the premises is an Outside Seating Area with tables and chairs providing seating for 12 customers.

Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

THE BUSINESS
The Wickets is an extremely well-established and appealing daytime only catering business trading as a sandwich/coffee bar and cafe. Trading easy hours, six days a week, the Wickets enjoys an excellent and long-standing reputation with an established regular repeat trade resulting in impressive levels of business. The business serves a popular and easy to prepare menu to eat in or takeaway, which includes; breakfast, light bites, sandwiches, baguettes, paninis, salad boxes, jacket potatoes, soups, hot and cold drinks, cakes, tray bakes and savouries, together with daily lunchtime specials. The majority of the produce is homemade on the premises and all food is freshly prepared to order. The business also has a great reputation with other local businesses with orders being placed for buffets, lunches and platters. The business has been established for around 25 years and has been purposefully fitted and equipped to a high standard. The business benefits from a prime town centre trading location as well as being situated close to Somerset County Cricket Ground from which significant levels of trade are derived, especially on match days. The business benefits from numerous favourable reviews on TripAdvisor and Google and a viewing is highly recommended to fully appreciate the high standards inherent throughout all aspects of this business.

TRADING INFORMATION
Accounts show particularly strong levels of trade with highly impressive and significant profits being achieved. Detailed trading information can be made available to interested parties following a formal viewing appointment.

OPENING HOURS
The business trades on deliberately restricted opening hours of 8am - 2.30pm six days a week, being closed on Sundays.

CURRENT STAFFING
The business is run by our clients, a mother-in-law and daughter-in-law team, assisted by one full-time, two part-time and two casual members of staff.

POTENTIAL
The Wickets presents a perfect opportunity to purchase an easy to run, well-appointed day time only catering business in a prime location and offers potential for new owners to develop many aspects of the trade still further. Undoubtedly, there is potential for incoming operators to develop a website in order to promote the business and increase sales. There is also the potential for incoming operators to extend the menu, should they wish to do so, and to increase the opening hours, particularly by opening on a Sunday, for which demand exists. There are also opportunities to introduce a delivery service. New owners will benefit from being able to move in without the need for any major expenditure on the premises, and an early appointment to view is highly recommended in order appreciate all that this excellent catering business has to offer. Our clients are prepared to offer a full handover and training, if required.


EPC
D - 99.

SERVICES
All mains services are connected to the subject
property. Three phase electricity is connected to the premises.

RATING
For up to date Business Rates and Council Tax information relating to this property, we refer you to the Valuation Office website

PRICE & TENURE
£145,000 for the valuable leasehold interest as a going concern business and full trade inventory. Wet and dry stocks to be addition at valuation. We are advised that the premises are held on a 10-year lease from September 2019 at a rent of £18,700 plus VAT per anum. Our clients advise us that there is tenant only break clause at year 5. The tenant has internal and insuring obligations. Full details available upon request.

VIEWINGS
Strictly by appointment with the vendors Sole Selling Agents.Tel: . Email:
You are recommended to contact us before visiting the property even for an informal viewing.

TRANSFER OF A GOING CONCERN
The sale of the property includes the goodwill of the business and trade inventory and will be subject to Transfer of Undertakings (Protection of Employment) regulations (TUPE).

FINANCE
An early discussion about finance can often save time and disappointment. For independent specialist advice on funding this property, we recommend you contact us for a list of approved brokers.

Brochures

St. James Street, Taunton, Somerset, TA1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Taunton Station0.4 miles

About STONESMITH, Exeter

Suite B, Castle View Barns, Woodmanton, Exeter, Devon EX5 1HQ

Stonesmith are a leading business transfer agent specialising in pubs for sale, hotels for sale, catering businesses for sale and leisure and hospitality businesses for sale in the Westcountry / South West including Devon, Cornwall, Dorset and Somerset.

Our team has over 75 years combined experience in dealing in the sale and acquisition of licensed, leisure and hospitality properties, and businesses throughout the Westcountry / South West.

Contact us for a free, no obligation con

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Notes

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