Successful Café And Catering Business In Newbury For Sale

Overview

Description


Newbury,
Berkshire, UK

Asking Price:


£64,500

Furniture / Fixtures and Inventory / Stock included

Turnover:

£164,500

Net Profit:

£34,500

An exciting opportunity to purchase an established and popular independent café and catering business in Newbury.

The warehouses style premises offers a spacious open kitchen with plenty of well organised storage, prep space and quality equipment. Seating for 20 in the main café area, plus 8-10 in a separate dining room, and a further 8-10 outside. There are 4 parking spaces with the property, a pay and display car park adjacent, and plenty of parking within easy walking distance. The property has 2 toilets, one of which is suitable for disabled customers.

With excellent coffee from a specialist roastery, the café offers fresh seasonal food. Simple breakfasts, healthy light lunches and a selection of home-made cakes attract customers from far and wide as well as from the busy local trading estate. The catering aspect of this food service business is highly regarded and renowned for both for corporate and private customers.

• Well laid out, stylishly furnished and well equipped

• Low rent
• Dual income streams
• Large kitchen
• Excellent TripAdvisor, Google and social media reviews
• FSA 5 Star hygiene rating

This profitable cafe and catering business presents a great opportunity for new owners to build on it’s reputation and take it to the next level.

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

Current lease 6 years within The 1954 Landlord and Tenant’s Act, due for renewal October 2024. Rent payable quarterly in advance.

Leasehold Rent:

14,500 + VAT per annum

Location:

Trading Estate, close to town centre

Premises Details:

This warehouse has been cleverly converted to a spacious and stylish café and catering kitchen with small private dining room, lobby and 2 toilets on the ground floor (1 toilet designed for disabled use). Separate front and rear access. First floor area with large storage cupboard, which could be used as office. Attractive outside seating area.

Size in square feet:
1,800
Planning Consent:

Class E

Business Operation

Reasons for selling:

For sale due to ill health of family member

Trading hours:

Tuesday to Friday, 10am to 3pm

Employees:
3
Years established:
4

Other Information

Support & training:

Tailored to the requirements of the purchaser

Furniture / Fixtures value:
£20,000 – included in the asking price



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Address

  • City London
  • Country United Kingdom

Details

Updated on March 2, 2023 at 6:55 am

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