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Full A3 Café For Sale In Colchester City Centre

Colchester, Essex, UK
Asking Price:
£49,999
Turnover:
£50K - £100K
Net Profit:
Under £50K

FULL A3 CAFÉ FOR SALE
PRICE: £49,999 Plus SAV – LEASEHOLD
LOCATION: COLCHESTER, ESSEX
REF: C0142E
FULL A3 CAFÉ FOR SALE trading from a PROMINENT POSITION within a VERY BUSY SHOPPING AREA of the CITY CENTRE, surrounded by MAJOR BRAND RETAILERS, offices and a wide variety of independent businesses in COLCHESTER, ESSEX. The location enjoys HIGH LEVELS OF PASSING FOOTFALL throughout the day, attracting both local residents and visitors to the city. The premises have operated as an eatery for OVER 20 YEARS and have recently undergone a FULL REFURBISHMENT, creating a modern and welcoming environment for customers. The business has now been brought to market with a GENUINE REASON FOR SALE, presenting an excellent opportunity for a new owner to build upon the solid foundations already established. The business is WELL BRANDED and benefits from 18+ COVERS, a FULL COMPLEMENT OF EQUIPMENT, a 5-STAR FOOD HYGIENE RATING, and relatively LOW OVERHEADS. The premises are presented in excellent condition throughout and are considered to be READY TO TRADE FROM DAY ONE with no further expenditure required. We are advised that current takings average £2,000 PER WEEK, with HUGE SCOPE TO FURTHER INCREASE REVENUES by extending the opening hours, introducing an evening service, expanding the menu offering and partnering with one or more food delivery platforms. There is also potential to increase trade through enhanced social media marketing and local business partnerships. The premises are held on a secure lease at a current rental of ONLY £14,400 PER ANNUM EXCLUSIVE. We are further advised that business rates payable are approximately £330 PER CALENDAR MONTH, making this an affordable and accessible opportunity for both first-time buyers and experienced operators alike. We feel this represents an IDEAL ENTRY-LEVEL BUSINESS that would be HIGHLY PROFITABLE for a hands-on owner-operator. Equally, the business could be suitable for an existing catering operator looking to establish a presence within this thriving city centre location. As such, an EARLY VIEWING IS ADVISED.

Property Information

Property:

Leasehold

Leasehold Rent:

£14,400 per annum

Size in square feet:
654

Business Operation

Management type:
This business is owner operated.