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All Day Cafe / Bistro In A Busy Location: Watford For Sale

Watford, Hertfordshire, UK
Asking Price:
£175,000
Turnover:
£520,000
Net Profit:
Available on request

Award winning coffee shop and cafe / restaurantHighly rated on Trip Advisor and other sitesPrime High Street location88 Covers (inside and outside)Total floor area 273 square metresLease expires 2028.Rent £39,000 per annumGross Weekly takings around £10,000 including VAT

Everett Masson and Furby are delighted to present to the market a very busy cafe / restaurant located in a prime position in Hertfordshire.

The business was established and considerably improved by the present owner more than 12 years ago and is being sold due to international location.

The concept of the business is that it operates as a cafe and coffee shop in the morning, serving hot and cold meals from a simple menu. And in the evening the business is transformed to a Bistro restaurant with an appropriately different menu.

The business introduced a delivery service four years ago and this continues as required. Very recently the premises has been upgraded substantially including new air-conditioning, furniture, CCTV system, dishwasher and improvements to the cloakrooms.

Over the years the business has built up a good name locally and this is reflected in a host of 5 star reviews and overall score of 4.5 / 5.0 on Trip Advisor. More recognition has also recently been received as the restaurant was the recipient of a local award and has also received many 5 star reviews on Google and elsewhere.

This is a confidential sale and potential buyers will need to sign an NDA prior to receiving more details of the business. Early viewing is highly recommended. Please note that under no circumstances may applicants view without an appointment through sole agents Everett, Masson and Furby.

Price: £175,000 for the leasehold business, goodwill, fixtures and fittings etc.

Property Information

Property:

Leasehold

Business Operation

Employees:
7