A superb opportunity to acquire a well-established, fully equipped café on Billet Lane, Hornchurch. Trading successfully for 15 years, with vendor-advised turnover of approx. £8,200–£8,500 per week. Open 7 days, 8am–4pm, and run by a husband and wife team with 1 full-time and part-time staff. Air-conditioned dining room, external seating to the front, commercial kitchen and approx. 1,004 sq ft. Leasehold with 2.5 years remaining and a new lease available.
- Asking Price:
- £172,000
- Turnover:
- £426,400
- Net Profit:
- £50K - £100K
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The property is held leasehold, with approximately 2.5 years remaining on the current FRI renewable lease at £26,000 per annum. A new lease can be made available to an incoming purchaser, offering security of tenure but may involve an increase in rent
- Leasehold Rent:
-
£26,000 per annum
- Location:
-
The property occupies a prominent position on Billet Lane in the heart of Hornchurch town centre, within the London Borough of Havering, Essex. The parade benefits from a pedestrian-friendly, paved frontage, which allows the café to trade with its own external seating area at the front.
Neighbouring occupiers include a Mediterranean restaurant, dry cleaners and medical and aesthetic practices, all of which contribute to regular daytime footfall. Hornchurch is a popular and well-established town centre with a mix of independent traders, restaurants and shops, supported by a densely populated residential catchment. The town is served by Hornchurch Underground station (District line) and local bus routes, with good road links to the A12, A13 and M25.
- Premises Details:
-
The premises are arranged over the ground floor and are set within a two-storey mid-terrace parade. The property offers a well-proportioned, open-plan dining area to the front, with a separate kitchen, customer WCs and storage to the rear – a practical, easy-to-operate layout. The dining area is bright and welcoming, with a large glazed shopfront and central entrance door. It is finished with tiled flooring, part-panelled walls, and a suspended ceiling with inset lighting and feature sky-effect ceiling panels. Comfort cooling is provided by a ceiling-mounted air conditioning cassette, and there are overhead heaters at the entrance. Furniture is included in the sale, comprising black speckled-top tables with chrome and black upholstered chairs, giving a total of 64 covers. CCTV is installed.
- Size in square feet:
- 1,004
Business Operation
- Management type:
- This business is owner operated.
- Trading hours:
-
8:00am – 4:00pm, 7 days per week.
Opportunity
The business is currently operated as a daytime-only venture, and a new owner may wish to consider extending the trading hours, introducing evening trade, developing the licensed offering or expanding the take-away and delivery services (subject to the necessary consents). The signage already promotes dinner and the premises are licensed, so there is scope to grow the business further. A ready-made, well-equipped business such as this would suit an owner-operator or a couple seeking an established café with a strong track record.
- Employees:
- The business is run by a husband and wife team, supported by one full-time member of staff and part-time staff as required. Staffing levels can be flexed to suit trading demands.
- Years established:
- 15
