Overview
Description
The café is located in a beautiful mid Sussex village. It is ideally situated, having links by both road and rail to London and the Sussex Coast, and direct access to the South Downs. The village has a thriving village shopping area and is well supported by the local community. The café has established a loyal following among the local community and residents, as well as customer’s travelling from outside of the area. The vendor has received excellent reviews on Trip Advisor (5*), Google Reviews (4.8*) and Facebook (5*), and has been in the present vendors’ hands for 5 years. The business now only comes to the market due to the vendors wish to explore other business opportunities. The current offering includes breakfast, brunch and lunch during the day. Prior to the pandemic they also use to open every Friday night which was very popular.
THE PREMISES: The café is located on the bustling high street in a mid-Sussex village and occupies an imposing corner location. The café comes to the market in excellent condition, having been refurbished in 2018 and under goes regular maintenance. The café has seating for some 24 covers inside and a further 16 covers available outside. The serve over counter is located to the rear of the premises which is used to display an array of homemade cakes and pastries. The coffee machine and grinder are also located here. The theatre style kitchen is adjacent to the serve over counter and is fitted with domestic extraction and appliances. Towards the rear of the property is a dry store room and two toilets with baby changing facilities. Towards the very rear of the property is a small office, which is also used for additional storage. The premises also benefit from a small cellar. There is rear access available, which is ideal for deliveries and provides access to the bins.
TENURE: The ground floor premises are held on a full repairing and ensuring lease which has 5 years remaining at a current rental of £19,000 per annum.
RATES: We have been verbally informed that the business receives the benefit of the Small Business Rate Relief and the amount payable at the present time is zero. The Prospective occupiers should make their own enquiries to verify same.
TURNOVER: At present the vendors work full time in the business, one of the vendors is the Chef and runs the kitchen, the other vendor works at the front of house, with the assistance of 6 part time staff members. We are informed that the average weekly turnover is just over £4,000 per week. The vendors have also held a number of private functions, such as baby showers. The current opening hours are Tuesday – Sat 9.00am-3.00pm and Sunday 10.00am – 2.00pm. There is also the opportunity to capitalise on increasing the turnover by opening during the evening, as they have run a number of pop up events which have been very popular. The café also benefits from a full alcohol licence and is permitted to serve alcohol from 11am – 11pm, with the option of live music. The cafe is regularly fully booked, especially during the weekend. At present the vendors don’t offer food deliveries, however they are frequently approached by the likes of Deliveroo to include this offering, therefore this could provide additional scope to increase turnover further.
GENERAL REMARKS: This represents an outstanding opportunity to acquire a fantastic café, in a busy village with a vibrant and popular shopping area. The premises are fully equipped and come to the market in excellent condition. Obvious potential of this business will immediately be seen at the time of inspection. Secure lease. Opportunity to open in the evening as well. Alcohol licence.
PRICE: We are instructed to quote for the goodwill, lease, equipment, trade fixtures and fittings Price £95,000 SAV PLEASE NOTE: The café’s name is not for sale.
LEGAL FEES: Each party to be responsible for their own legal costs.
VIEWING: On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090.
ENERGY PERFORMANCE CERTIFICATE: Our client is in the process of commissioning an EPC.
DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.
The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.
VAT: All prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
MORTGAGE & FINANCIAL PLANNING: We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status.
Prop. Ref: 6719C
These particulars are believed to be correct but their accuracy is not guaranteed and
they do not form any part of any contract
APPLICANTS CONFIDENTIALITY AGREEMENT
I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential. I also undertake that I will:
i) View businesses registered with Watkins Commercial by appointment only.
ii) Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial
iii) Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank, solicitor, surveyor accountant, etc.
iv) Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations
v) Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial.
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