We are a long-established business, set up in 1992, with our clients purchasing the business in December 2020. Our clients undertook a substantial refurbishment and rebranding of the business and premises, now bringing the business to market with a genuine reason for sale due to other business interests. The premises are fitted out with a full complement of fixtures, fittings, and equipment, which are all included in the sale price.
Our clients have built up an enviable reputation over their period of ownership, supported by a 5-star Facebook rating. Offering a menu that includes, but is not limited to, sandwiches, wraps, salads, fruit bowls, breakfasts, jacket potatoes, burgers, paninis, and a dessert menu. Our clients also offer an outside catering service on either a per head or per platter basis, offering various different platters, including breakfast, sandwiches, and finger foods, to name a few. Viewing recommended.
Tenure
We understand the premises are held on a license agreement at a current rental of £16,710 per annum, exclusive. We have been advised by our clients that the landlord would grant a new lease to a purchaser if required.
Premises
An end-of-terrace industrial unit with parking for 8 vehicles and additional visitor parking spaces; a forecourt seating area set out with 3 x benches that can accommodate 18 covers; and an additional 2 tables that can accommodate 4 more covers. The property itself has a fascia board, a glazed frontage, and a single glazed entrance door that leads into a foyer area. There are a number of doors off this area with separate ladies, gentlemen, and disabled toilets.
Cafe Area
There is a small KITCHENETTE with a stainless-steel basin. The final door leads into the MAIN foyer area, which measures approximately 945 sq. ft. and is arranged to provide tiled flooring, suspended ceiling, panel lighting, sound system and is air-conditioned throughout. The premises are currently arranged for a comfortable 22 covers but could accommodate more if required, with wall-mounted menu boards, a large upright Coca-Cola display drink fridge, a heated display counter, serve-over counter and a refrigerated display double serve-over counter. Behind the counter is a till system and a Rijo coffee machine (leased).
Prep Area
Behind the kitchen is a PREP AREA currently equipped with 2 x large chef-top Unox rationale-style ovens (leased), a stainless-steel prep table with under-counter refrigeration, large double stainless-steel Polar fridge, large double stainless-steel Polar freezer, racking, large upright display fridge and wash-hand basin. An opening from this prep area leads into a further PREP ROOM with racking, stainless-steel double sink, stainless-steel single sink, wash-hand basin, shelving and large commercial dishwasher
KITCHEN AREA
The kitchen area is open-plan and equipped with 4-hob oven, griddle, large twin-basket fryer, large single-basket fryer, commercial extractor system, Hotpoint oven, bain marie, Thermodyne heated counter, various stainless-steel prep tables, monitors relaying on food orders from the digitalized till system, 2 x 4-slice toasters and large double panini press.
Office & Store Room
Another door from the outside parking area leads into a further part of the unit which our client leases, which is currently used as:
OFFICE & STORE ROOM with suspended ceiling and carpeted throughout. The front of this area is equipped with chest freezer, racking and desks. A sectioned-off area to the rear is used for storage, with racking throughout.
Parking
From the Prep room, a doorway leads out to the side of the unit, where 4 of the 8 parking spaces are located
Trading Hours
7 am till 3 pm Monday to Friday. 8 am to 2 pm Saturday. Closed on Sundays.
Staff
The vendor works in the business on a part-time basis, with the assistance of 2 full-time and 2 part-time staff members.
Turnover
We are advised turnover averages £200,000 per annum, working to the usual high gross profit margins associated with the trade. Full financial information will be made available at our client's discretion, on or after a meeting.
Business Rates
The premises are subject to a rateable value of £12,250. We are advised that business rates are payable at £432 per year.
Legal Costs
Each party is to be responsible for their own, with the landlord's legal costs to be paid by the purchaser.
