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Reading, Berkshire, RG2

£148,000

Business rates & charges may apply

Lansley Commercial, Reading
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SECTOR

Restaurant for sale

USE CLASSUse class orders: A3 Restaurants and Cafes

A3

Key features

  • Very well-maintained premises
  • Indoor & outdoor seating for approx. 50 covers (some are weather-dependent), with scope to increase if desired
  • 5-star Food Hygiene Rating
  • 4.8 rating across Google, Facebook & TripAdvisor
  • Customer Facilities: Dedicated wheelchair accessible toilet, outdoor tables, POS-integrated allergen tracking
  • Option to extend hours or develop menu at own pace
  • A handover period on-site with the current owners
  • All branding & marketing materials

Description

Confidential Sale - Profitable 4.8* Daytime Neighbourhood Café - 25 Hour Week
South Reading | Turnkey Operation | Very Good Reputation | Established Customer Base
A well-established neighbourhood café serving both regulars and visitors within a busy residential and business community.
Currently trading just 25 hours per week, it offers an excellent work/life balance for new owners. The café is a fully turnkey operation, allowing the new owner to simply continue running it as it is.
* 2024 Turnover: £248,000 (year-on-year growth since 2017)
* Asking Price: £148,000 (inc. goodwill, fixtures, fittings & equipment - stock at valuation)
* Over £50,000 invested - includes kitchen with storage & separate food-prep room
* Indoor & outdoor seating for approx. 50 covers (some of which is weather-dependent), with scope to increase if desired
* A3 Use + Alcohol Licence
* 20-year lease from 2017 at £18,000 p.a. + VAT
* 4.8* ratings across Google, Facebook, and TripAdvisor
* Systems and processes already in place for a new owner to takeover seamlessly

Lansley Commercial - Ref: DT5208

Brochures

About Lansley Commercial, Reading

111 Oxford Road, Reading, RG1 7UH

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Disclaimer - Property reference DT5208. 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 Lansley Commercial, Reading. 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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