Leasehold Licenced Cafe, Warwickshire, CV32

Leasehold Licenced Cafe Located In Warwickshire
51 Internal Covers & 24 External
Quaint Tudor Grade II* Building
Ref 3156

Asking Price £180,000 LTD CO Sale

Location
This established and thriving cafe is located in a desirable market town of Warwickshire in a popular tourist spot

Business Description
Veritas Business sales are privileged to offer to the market this delightful cafe which is located in Warwickshire. There has been a cafe trading from these premises for 20 years and the business has been in the careful hands of our client since the start of 2004. They are reluctantly now offering the business for sale due to increased family commitments.
Since ownership they have made improvements to the décor and installed new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The business is owner operated with a team of 2 full time, 1 part time and a pool of casual members of staff and is on track to turnover £450,000 net of vat for the last twelve months.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times. The business already enjoys a strong reputation within the local community and beyond, with strong Tripadvisor reviews, its own website and a strong social media following. It has a high level of regular and repeat trade alongside that from national and international visitors to the area. This is a fantastic opportunity to purchase a thriving turnkey business in a perfect location which is a great base to build upon and as such early viewing is highly recommended.

Leasehold
Term: 10 years
Remaining: 9 years
Rent: £18,500 pa
Reviewed: rising to £20,000 pa in 2026
Business Rates: £3,370

Confidential sale, further details on application