Town Centre Cafe and Value Retailer With Accommodation

Price:

Freehold - £375,000

Turnover:

Seller Ref:

1168CO

Location:

Essex

Business Type:

Food Service Businesses, Retail businesses

See Other:

Cafés for sale in Essex
Discount stores for sale in Essex
Food service businesses for sale in Essex
Retail businesses for sale in Essex

Description:

THE BUSINESS:

HISTORY

• Retail site for many years
• Acquired by vendor 8 years ago as value retail shop
• Developed as a themed café (movies) supplemented with sales of value goods
• Flat above rented to generate additional revenue
• Product mix and blend varied in line with changing consumer tastes

REASON FOR SALE

• Retirement

PRODUCTS

Café

• Full range of non alcoholic beverages
• Cakes and desserts
• Breakfasts
• Daily lunchtime specials
• Full range of meals and snacks
• Sandwiches
• Jacket potatoes
• Food cooked to order with traditional English theme

Value Retail

• Pet foods
• Household goods
• Toiletries
• Toys and games
• Discounted goods

CUSTOMERS

• High level of passing trade
• Popular with locals, tourists and visitors alike
• Appeals to older residents especially during the daytime
• Lunchtime office trade
• Meeting place for business and social occasions

SUPPLIERS

• Products sourced through long standing contacts

STRENGTHS

• Excellent reputation locally
• Three streams of income into the business
• Consistently profitable
• Stable staff
• Superb
• Freehold opportunity

SCOPE

• Additional opening on Sunday and Monday
• Variation of product range with introduction of new lines
• Additional business development activities
• Premises could be suitable for refurbishment and re-launch as an evening restaurant (limited competition in town presently)
• Outside catering

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• High Street location within coastal town in North Essex • Close to a range of complementary individual businesses typical of small coastal town • High levels of footfall • Ample street parking within the vicinity and free parking in town

Trading Hours:

• Monday to Saturday 8.30am to 5pm • Café closes at 3pm (2pm on Saturday) • Café closed Mondays

Accommodation:

• Prominently sited retail shop and café with a high street location • Retail shop area with sales counter • Double window display • Racking and shelving appropriate to trade • Separate room used for retail purposes • 36 covers • Fully equipped commercial kitchen comprising briefly: o Preparation area o Griddle o Deep fat fryer o Bain Marie o Microwaves o Ovens o Coffee Machine o Milk shake machine • Stores x 3 • Customer WCs • Office • Secure gated yard to rear • Container for storage • Flat, with separate access, comprising briefly o 2 double bedrooms o Bathroom o WC o Lounge