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Well Established Coffee Shop/bistro For Sale

Purley, Surrey, UK
Asking Price:
£719,995
Turnover:
£339,347
Net Profit:
Available on request

Business
Please quote reference B06052

Hilton Smythe welcomes to the market Lord Roberts On The Green, an extremely highly rated and bespoke Coffee Shop/Bistro, which was established in 2017. The building has been in the village since 1907, and previously served as a village shop and post office before our clients took over. Though the sellers have thoroughly enjoyed creating and running such a successful business, Lord Roberts on the Green now comes to the market as are clients are now looking to focus on other interests and to spend more time with family.

The Coffee Shop/Bistro currently offers a menu of a variety of teas and coffees, traditional English breakfast products, smoothies, croissants, light lunches, specials, afternoon teas, and also a wide range of their popular cakes. The premises also have an alcohol licence, prosecco and wines are also a big hit on the menu.

The business generally trades 7 days a week and generates a turnover in the region of £340,000. Currently, the business is running with a COVID-19 friendly takeaway service.

This 5-star Coffee Shop/Bistro has been a huge success in the village and further afield, with a high amount of new custom along with the regular clientele. This is truly a unique business, with excellent reviews on TripAdvisor and google, with customers stating ‘The Xmas fare was extremely well run. Cream tea was fantastic, and the large scones were gorgeous. Service was first class especially our waitress Margaret.’ And ‘A very nice lunch in a lovely location, We visited for a light lunch and just as well we had booked as very busy’.

Along with the 5 star reviews, Lord Roberts On The Green also holds a 5 star hygiene rating.

Our clients are offering a hand over period to ensure the continued success of the business.

The business has an up to date website (---.---------------------.---) along with dedicated social media accounts which have a fantastic following and are a great platform for advertising.

The property is immaculately presented inside and out, with bespoke décor and high-quality fixtures and fittings, which have been updated and maintained to an extremely high standard. As you can see from the photos, nothing has been spared at Lord Roberts on The Green.

There is also ample scope to increase in the revenue, should the purchaser desire, such as extending the opening hours, adding an evening meal option, pushing advertising, and possibly offering an outside catering service.

Opportunities to acquire a business and premises in this area do not come around often. Therefore, early viewings come highly recommended.

Location
Lord Roberts On the Green is located on the edge of the Webb Estate, at Upper Woodcote Village, Purley.

Purley is a town in south London within the London borough of Croydon, approximately 11 miles south of central London. A very popular location with commuters working in both nearby Croydon and central London. Brighton Road connects directly onto the A23 link road which connects directly to the M23 motorway to Gatwick 15 miles east and Brighton 41 miles east as well as the busy M25 motorway ring road.

Premises
Lord Roberts on the Green is located within a large commercial premise, occupying 1000sqft with the external garden area of 1200sqft, the building is well signed with an external canopy and seating area.

Upon entrance is the main seating area with access to the conservatory and patio area.

To the rear of the premises is the kitchen and storage area. The premises has a customer WC

The alcohol licence is currently restricted to 18:00, though the purchaser could apply for a later licence.

The assets included in the sale comprise of –

Fitted commercial kitchen
Bespoke tables and chairs (50 internal covers)
Fixed sofas
External furniture (around 50 external covers)
Leased coffee machine.
Tall cake displays stands.
Wooden display storage system
Patio heaters
Ample crockery and cutlery

Tenure
We are advised that the business is being sold on a Freehold basis.

Hours
The business is currently trading (Hours varied during COVID) ;

Monday - 08:30 – 16:00
Tuesday - 08:30 – 16:00
Wednesday - 08:30 – 16:00
Thursday - 08:30 – 16:00
Friday - 08:30 – 16:00
Saturday - 09:30 – 16:00
Sunday - 10:00 – 15:00

Staff
We are advised that the business has 15 part time members of staff.

Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £340,000, with an adjusted net profit in the region of £105,000. Full financials can be made available upon further request.

Please quote reference B06052

Property Information

Property:

Freehold

Contact Hilton Smythe

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