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Thriving Daytime Cafe In The Heart Of Adderbury For Sale/lease For Sale

Banbury, Oxfordshire, UK
Asking Price:
£49,995
Turnover:
£156,213
Net Profit:
Available on request

Successful daytime cafe situated off the main road in a charming and picturesque village. We are pleased to present this fantastic opportunity to acquire a thriving cafe situated in the centre of Adderbury Village, Oxfordshire.

With its excellent reputation for coffee and cakes, two dining areas, a comfortable terrace, and a dog-friendly policy, this cafe offers a unique and welcoming experience to locals and visitors alike.

Key features:
- Excellent financial performance
- Excellent reputation
- Two dining areas
- Outdoor terrace
- Dog-friendly
- Well established customer base
- Prime village location

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a renewable lease expiring 28th February 2027, with current rental at £12,000 per annum, exclusive of rates, subject to a rent review on 1st March 2024. We are to understand that the landlord will grant a new longer lease if required.

Subject to the status of the ingoing tenant it should be noted that the landlord may require payment of a rent deposit equivalent to 3 or 6 months’ annual rental to be held for the duration of the tenant’s occupancy. Purchasers should take this into consideration when preparing financial forecasts and budgets.

Location:

Adderbury is a quintessential English village nestled in the beautiful Oxfordshire countryside. Steeped in history and character, this village offers a unique blend of old-world charm and modern conveniences. Adderbury is known for its stunning architecture, including picturesque thatched cottages, historic churches, and traditional pubs.

Premises Details:

The cafe is situated within a two story mid terrace property offering seating on the ground and first floor as well as a delightful terrace offering additional seating.

Size in square feet:
1,014

Business Operation

Reasons for selling:

Available for sale due to a change in the personal circumstances of our client.

Years established:
2021