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Busy Cafe/Bakery In The Bustling Town Location For Sale

Port Talbot, West Glamorgan, UK
Asking Price:
£24,999
Turnover:
£105,294
Net Profit:
Available on request

Business
Please quote reference B04304

Hilton Smythe welcomes to the market this busy Café/Bakery in the bustling town of Port Talbot, offering a varied menu for breakfast and lunch from sandwiches to full English, jacket potatoes to Omelettes. They also sell bread and cakes etc from the bakery side of the business.

The shop offers further scope with longer opening hours, more advertising to include a website, outside catering and private functions to take it to the next level.

The current owner has run the business for the last 8 years, with the café side being introduced around 5 years ago.

The owner is now looking towards a very well-earned retirement.

An internal inspection is highly recommended to appreciate the location and quality of this great business.

Location
Sweetmans café/bakery is situated in the centre of Port Talbot in a busy commercial street. Port Talbot is a town located in the county borough of Neath Port Talbot, Wales.

It had a population of 37,276 in 2011. It is best known as the home of the Port Talbot Steelworks, one of biggest steelworks in the world.

Easy access is gained to all surrounding areas via the nearby, M4 motorway.

Premises
These are easily managed, good-sized premises, covering approximately 82 sqm over 2 floors, with the main café/bakery area on the ground floor with tables and chairs for up to 25 covers, with a further 12 covers outside,

Serving counter and till, large commercial kitchen and preparation area, rear access to parking for 2 vehicles (payable permit £40 per year) and on the first floor, office, store room and WC.

The business is being sold with a wide range of good quality equipment to include,

• 4 deck oven,
• Chiller display cabinet,
• Hot plate display,
• Cold drinks fridge,
• Till with epos system,
• 4 bay pizza oven,
• Salad bar
• Walk in fridge,
• Upright fridge,
• Electric hob,
• Breval hot plate,
• 2 x double deep fat fryers,
• Chest freezer
• Large double freezer,
• Jacket potato machine,
• Bread slicer,
• Commercial microwave,
• Toaster,
• Electric cheese grater,
• Meat slicer,
• Panni machine,
• Bain marie,
• Stainless steel preparation tables,
• Tables and chairs,
• Fitted alarm system (not functioning at present)
• Electric roller shutter door to the front and manual one to the rear,
• CCTV with 4 cameras and much more.

The business is offered for genuine sale at a realistic price.

Viewing is a must to appreciate what’s on offer.

Tenure
We are advised that the business is being sold as a leasehold opportunity. The landlord is more than happy to negotiate a new lease, either a rolling or a fixed lease would be available. We have been advised the landlord is happy to grant a 10 year lease for a new owner.

The rent payable is £10,000 per annum.

Hours
Monday 9.00 am to 4.00 pm
Tuesday 9.00 am to 4.00 pm
Wednesday 9.00 am to 4.00 pm
Thursday 9.00 am to 4.00 pm
Friday 9.00 am to 4.00 pm
Saturday 9.00 am to 4.00 pm
Sunday Closed

These hours have varied some recently due to the owner’s ill health.

Staff
The business is currently run by the owner, together with 1 other full-time member of staff and 5-part time members of staff.

Financial Profile
The accounting information shows a turnover of £105,294 for the year to 31st March 2017, with a gross profit of £66,874.

According to the VOA website the current rateable value is £11,750, with current rates payable of £5,940 per annum.

Please quote reference B04304

Property Information

Property:

Leasehold

Contact Hilton Smythe

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