Cafes for sale in Aberystwyth

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S Martin (Feb 2013)
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Leasehold Price: £185,000 Turnover: £320,000
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Business Description
BUSINESS
Hilton Smythe welcomes to the market Upper Limit Café. The business is well established and was first opened around 20 years ago. Our client took over 8 years ago but are now looking to sell due to the desire to concentrate on other business interests.

The business runs as a coffee shop selling a fantastic range of delicious foods. They offer breakfasts, lunches and hot and cold snacks in the recently refurbished premise. The coffee shop has a 5 star hygiene rating. The business is highly popular and receives a generous amount of repeat trade and heavy footfall.

The coffee shop generates a healthy turnover of around £320,000 per annum. There is further potential to boost turnover by extending opening hours and by introducing a loyalty scheme. The business closes at 4pm weekdays. By opening later hours the new owner could look to offer an evening menu which should maximise trade.

The coffee shop has very little competition around and the new owner should look to advertise the business on sites such as JustEat and Hungry House. These are popular sites that allow for an increase in trade.

The business has an exceptional reputation in the area and a successful social media presence. The coffee shop boasts excellent reviews on TripAdvisor. The owner has also set up a Facebook page with over 1,000 followers. This page is regularly updated with information about the business and any special offers.

This is a wonderful business in a beautiful position, a real lifestyle business with high levels of repeat trade. Hilton Smythe highly advise early viewing to take in full potential of the trade.

LOCATION
Upper Limit Café is located in Aberystwyth, Ceredigion.

The business is situated in the popular North Parade in the well-loved Welsh seaside town of Aberystwyth. The coffee shop is approximately just a short 5 minute walk from the beach. This is a popular tourist location allowing for heavy footfall. The town has a variety of business in the area both independent and corporate. This is a great location for a busy town centre coffee shop.

The town has great tourist attractions such as the War Memorial, Aberystwyth harbour, golf course, railway, royal pier and much more. The coffee shop is located on an arterial road in the town. The A487 runs from Snowdonia down through to Pembrokeshire.

PREMISES
The business is located in the centre of a retail parade. The café is well-signed with a big sign across the front. There is a terraced area for table and chairs for al fresco dining during the warmer months.

Cafe

Beautifully presented and well-maintained café. There are large windows to the front creating a light airy and inviting interior. There is a tiled floor, feature ceiling fan, display alcove, freestanding shelving unit, dado rail, bespoke counter area with glass fronted serve over salad bar, till, perimeter shelving, menu boards, coffee machine, coffee grinder and a hand wash basin.

Kitchen

Comprehensively equipped catering kitchen presented in immaculate order. With vinyl flooring, full extraction system, 3x deep fat fryers, griddle, 2 x microwave ovens, panini maker, 4x 2 slot toasters, 2 under counter fridges, under counter freezer, Buffalo grill, Beko freestanding cooker with double oven and ceramic hob, perimeter shelving, utensil and crockery storage, stainless steel preparation tables, glass fronted chiller, stainless steel splashbacks, hand wash basin and a fan.

Wash up Area

Tiled floor, stainless steel sink and drainer with useful storage beneath, commercial dishwasher, glass fronted upright chiller, perimeter shelving and hand wash basin.

To the rear is a secure outside area mainly laid to decking with tables and chairs for an intimate dining experience, a real sun trap during the summer and popular with regular customers, there is also a covered bin store.

TENURE
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 10 years

Remaining lease length: 10 years as of 2016.

Rent: £26,400 per annum

HOURS
The business is opening hours-

Monday - Saturday: 8am – 4pm

Sunday: 9:30am – 2:30pm

STAFF
The business is run and managed by our clients with the help of 6 full time and 5 part time members of staff.

FINANCIAL PROFILE
The business generates a turnover in the region of £320,000 per annum.



Tenure: Leasehold

Listed by: Hilton Smythe
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