Renowned Cafe premises
Close to major tourist attraction
At heart of independent quarter
Arranged over two floors
Outdoor seating
Net sales circa £135,000 pa
- Asking Price:
- £50,000
- Turnover:
- £135,000
- Net Profit:
- Not applicable
Property Information
- Property:
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Leasehold
- Location:
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Polly's at No 10 is a renowned café at the heart of Hereford's independent quarter on the historical Church Street being a sought after destination within the Hereford City Centre for those providing artisan food and drink, along with a number of independent retailers. This historic street is the main thoroughfare that links the city centre with the historical Cathedral which attracts a huge number of visitors throughout the year. The café has been established for a number of years and is well regarded for its café style trade with light lunches and is particularly popular with afternoon teas and private parties.
The city of Hereford has a population in excess of 60,000 and enjoys a large number of amenities including a rail link to London, a university and is the economic and commercial centre for the County and a much wider area. It is particularly famed for its Cathedral being the home of the Chained Library and Mappa Mundi, being the first known map of the Christian world, and these attractions are within 150m of the café and this with the large number of shoppers within the city centre provide a constant stream of customers throughout the year seven days a week.
- Premises Details:
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Trade areas:
Front entrance leading to café being beautifully decorated in a shabby chic style throughout with bench and loose seating, dining chairs and tables for approximately 13. Service counter. At first floor is a further seating area for 8 and trade kitchen. WC.Outside:
Directly to the front of the property situated on Church Street are tables and chairs for 8.
Business Operation
- Expansion Potential:
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The business trades as a café to the large number of customers being shoppers, office workers and tourists within Hereford city centre. It trades between the hours of 9:30 until 5pm Monday to Saturday and 10am until 5pm Sunday. There is undoubted scope to increase the trading hours and especially in the early mornings when there is huge potential for a busy breakfast trade. The business also benefits from a busy takeaway trade.
Our client's accounts for the financial year ending the 31st March 2023 show sales of £135,765 working on a gross profit of some 44.6%
- Trading hours:
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9:30 until 5pm Monday to Saturday and 10am until 5pm Sunday
