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Established Café With Equipment And Freehold Option For Sale

Shanklin, Isle of Wight, UK
Freehold Price:
£100,000
Leasehold Price:
Under £200K
Turnover:
Undisclosed
Net Profit:
Undisclosed

Established café business in a strong high street location in Sandown, available for purchase either freehold or by lease. Fully equipped and trading since approximately 2014, the business offers clear scope to increase turnover.

Muzza’s Café has been operated by the current owners for around ten years and is now being offered for sale due to retirement. The business currently trades five days a week until mid-afternoon by choice, and the owners acknowledge there is significant potential to increase revenue with extended opening hours.

The café enjoys year-round trade from local customers, with an uplift in footfall from tourists during the summer season. Located towards the top end of Sandown High Street, the premises benefit from nearby retailers including a Sainsbury’s Local and Boots Pharmacy, generating consistent passing trade. The Esplanade and beach are also within easy reach.

The café caters for approximately 30 covers and is being sold fully equipped with a wide range of fixtures and catering appliances included.

Furniture, Fixtures & Fittings Included:

  • Tables and chairs
  • Tills
  • Display units
  • Fridges and freezers
  • Combi microwave
  • Barista machine and coffee grinders
  • Induction hobs
  • 4 x 1800W microwaves
  • Glass chiller
  • Crockery and cutlery

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

Business Rates:
Rateable value: £8,700
Small business multiplier (0.499) = £4,341.30 payable

Premises Details:

Recessed front entrance leading to café seating area.

Step up:

  • Servery area
  • Washing up area with sink, dishwasher and store cupboard
  • Cloakroom with WC and corner hand basin
  • Main kitchen: Excluding recess
  • Rear store: Excluding bay window
Size in square feet:
Café area: 19'10 max x 18'11 Servery: approx. 9'9 x 13'5 Kitchen: 18'11 x 7'4 Store: 3'2 x 12'11

Business Operation

Expansion Potential:

Significant opportunity to increase turnover through extended trading hours beyond the current five-day, mid-afternoon schedule.

Reasons for selling:

Retirement

Trading hours:

Five days a week, until mid-afternoon

Years established:
+-11

Other Information

Leasehold asking price:
Under £200K