Leasehold Cafe Located In Erdington For Sale

Overview

  • Business services, Services
  • Property Type

Description


Leasehold Cafe Located In Erdington For Sale

Erdington,
West Midlands, UK

Asking Price:

£43,950

Furniture / Fixtures included
Turnover:
£114,400
Net Profit:
Available on request

Leasehold Café Located in Erdington. Established business with further potential. Staff operated but would suit an owner operator. Weekly turnover £2,200 walk-in trade only. No deliveries.

Veritas Business Sales are privileged to offer to the market delightful Café which is located in Erdington. The business has been established for 20 years and has been in the careful hands of our client for the past 17 years. Due to the death of the main partner that worked the café the business is being offered for sale. The remaining partners cannot dedicate enough time to operate the business due to their working commitments.

Since ownership they have kept the premises in good order and there has been continual investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Café is overseen by the owners but operated daily by a team of 6 part time members of staff and has an average weekly turnover of circa £2,200. All trade is walk in and the menu offers cooked breakfasts, soups, freshly cut hot & cold sandwiches, jacket potatoes, roast dinners, daily specials which can be served with teas, coffees and cold drinks.
We believe that there is potential to increase trade by having an owner operator at the helm along with extending the current opening times and by joining the online delivery portals such as Just Eat and Deliveroo. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established café which is a great base to build upon and as such early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Term: 10 years

Remaining: 3 years
Reviewed:
Rent: £10,380 pa
Rates: zero

Location:

This respected Cafe is located in Erdington, Birmingham. Situated within a prominent and highly visible trading position. Erdington is a very busy shopping area which offers an array of large blue chip retailers along with plenty of niche independent retailers, all of which bring high levels of footfall to the area. Birmingham city centre is easily accessible being just (4.5 miles).

Premises Details:

Ground Floor

Takeaway comprising: serve over chilled display fridge, undercounter freezer (Beko), cash register, milk steamer (Dualit Cino), hot water boiler (Adexa), stainless steel worktop, 4 x crockery shelves, tables & chairs to cover (34) and 4 wall mounted menu blackboards.
Commercial kitchen comprising: stainless steel worktop with draws and base units, 3 x microwaves (Ambiano), small electric grill, upright fridge freezer (Daewoo), upright freezer (Indesit), L shaped stainless steel worktop with draws and base units, undercounter fridge (Home King), undercounter fridge (Proline), wall mounted shelf, 2 x 2 slice toasters, 4 slice toaster, kettle, 2 x single deep fat fryers (Ace), 2 pot wet bain-marie, 4 pot wet bain-marie (Buffalo), storage cupboard (Moffat), undercounter freezer, griddle, extraction canopy, double stainless steel sink drainer, stainless steel wash basin, metal shelf, metal draining rack, 2 x wall mounted cabinets, boiler (main), insect zapper, 4 ring gas hob/oven (Arisco) and rear exit door.
Customer W/C with wash basin, wall mounted mirror and wall mounted hand dryer.
Storeroom.

External

Shared rear yard with bin area and side alley.

Business Operation

Trading hours:

Monday – Saturday – 8:30pm – 3:00pm

Sunday – 9:00pm – 3:00pm

Other Information

Inventory / Stock value:
£500



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Details

Updated on January 13, 2023 at 9:35 pm
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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