For Sale Coffee Shop & Sandwich Bar operating from a super location in Birmingham City Centre specialising in freshly made coffee sandwiches buffets and cakes with takings averaging £1,800 per week with a gross profit yield in the region of 70% with hours of 8.00am to 2.30pm Monday to Friday. The ground floor shop briefly comprises sales area with seating for 12 with open plan kitchen rear preparation area store room and WC. Outside seating for 4. The property is secured on a 15 year lease from 2019 with a rent of £14,400 per annum inclusive of VAT. There is scope for any new owner to increase the level of buffets for meetings conferences and local offices in the area. Operated by Father and daughter and reluctantly being sold due to ill health. Great opportunity.
- Asking Price:
- £55,000
- Turnover:
- £93,600
- Net Profit:
- Under £50K
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
15 year lease from 2019
- Leasehold Rent:
-
£14,400 per annum
- Location:
-
Super location in Birmingham City Centre
- Premises Details:
-
The ground floor shop briefly comprises sales area with seating for 12 with open plan kitchen rear preparation area store room and WC. Outside seating for 4.
- Planning Consent:
-
A3 Cafe & Restaurant Use
Business Operation
- Reasons for selling:
-
Ill health forces sale
- Trading hours:
-
8.00am to 2.30pm Monday to Friday
- Employees:
- 0
- Years established:
- over 20 years
Other Information
- Financing available:
-
Hurdley & Co can introduce you to various business brokers depending on your circumstances. We have built up a good relationship over many years and have every confidence in them to provide you with a first class professional service please telephone us on 01564 739797 for contact details.
