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Watford - Catering Opportunity For Sale

Watford, Hertfordshire
Asking Price:
£15,000
Turnover:
Available on request
Net Profit:
Available on request

No Competition On Site & First 6 Months Are Rent Free
12 Month Construction Time Scale Opening End of 2018
Excellent Catering Opportunity
Approx 1,180 square feet
All Lease Negotiable With Vendor

Ref 5835 - Leasehold Coffee Shop / Cafe Opportunity

Blacks Brokers are proud to bring to the market this leasehold coffee shop / cafe opportunity, to be located in the much sought-after area of Watford, Hertfordshire. It is a newly built state of the art building, the perfect place to set up a new business.

INTRODUCTION

This is an unbelievable opportunity to open a coffee bar/café in a brand new, beautifully designed Community Centre in the heart of Watford with excellent facilities and amenities within a close proximity.

LOCATION

Watford is a large and popular town in Hertfordshire, close to central London and inside the circumference of the M25 motorway. It is not to be confused with Watford, Northamptonshire. Positioned between West Watford and Holywell, this business proposition is close to local schools and amenities. Well linked with the A4145, M1, M25 and A41. Rickmansworth and Chorleywood also lie close by and the area is densely populated and very much sought-after.

REASON FOR SALE

This is a business opportunity being offered in a new build 2 storey Community Centre operated by a charity with multiple facilities including ample free customer parking and will have no direct competition on-site serving the captive audience of those who visit the centre, this is an excellent, rare opportunity to establish a business within a purpose built, state of the art community centre.

LEASE

A new 5 year lease will be negotiated with completion of this sale. The approximate cost of this will be £30,000 and rent will be paid quarterly in advance upon completion. The first 6 months rent is being offered for free.

BUILDING LAYOUT AND DESIGN

Situated on the ground floor at the front of the building, approximately 1,180 square feet in a T shape with customer service counter and servery at the rear. There are communal toilets. Externally, the site will provide ample, free car parking.

FINANCIAL DETAILS

On opening of a new business within this building after completion, business rates will be applicable.

Fee to be confirmed.

Service charges will be paid annually in advance and figures will be agreed on build completion.

SUMMARY

This is an excellent opportunity to set up a new coffee bar/café within a new Community Centre with a captive audience with no direct on-site competition. The centre is a charity run operation which will provide a wide variety of facilities to the local community and provide the business with a regular flow of customers throughout the year. Early viewings are strongly advised.

Property information

Property:

Leasehold

Business Operation

Trading hours:

Mon - Fri: 08:00 - 21:00
Sat: 11:00 - 16:00
Sun: TBC

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