Leasehold Independent Café & Bar Located In Stratford Upon Avon
This outstanding Café & Bar is located in the heart of Stratford Upon Avon directly opposite Stratford ArtsHouse, home of the Orchestra of the Swan and Stratford Literary Festival, both of which bring significant business. Hotel du Vin is adjacent which is a 48 bedroom hotel and brings high levels of footfall to the area. This thriving historic town is the birthplace of William Shakespeare, steeped in culture and history. Set in the beautiful rural Warwickshire countryside, on the banks of the river Avon, it is one of the most important tourist destinations in the UK, receiving over 4.9 million visitors per annum.
Asking Price: £99,950 plus SAV (£1,000)
Veritas Business sales are privileged to offer to the market this respected Café & Bar which is located in Stratford Upon Avon. There has been a restaurant trading from these premises since 1998 and this has been in the careful hands of the current owners since December 2018. Reluctantly the business is now being offered for sale due to unforeseen personal circumstances. Since ownership they have been granted a premises license, totally transformed the premises and invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to spent for some time. The business is owner operated and employs the help of 2 full time & 2 part time members of staff along with 1 Saturday helper. The turnover is seeing continual growth and currently stands at circa £4,000 per week. The Avon Lounge serves a fine range of cooked breakfasts, daily specials, traditional classics, sandwiches, panini’s, jacket potatoes, omelettes, salads, homemade cakes, specialist coffees & teas, cold drinks and alcoholic beverages. All fayre is freshly prepared on site to order, using only the freshest locally sourced produce. Any new purchaser would benefit from natural growth due to the great work that has already been done. We believe that there is still further potential to increase revenue by opening the back room as a function venue for private parties and maybe introducing outside catering. The cafe already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passing tourists which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.
Monday – Wednesday – 8.00am – 7.00pm
Thursday – Saturday – 8.00am – 11.00pm
Sunday – 10.00am – 4.00pm
Original term: 10 years
Remaining: 7 years
Reviewed: 5 yearly
Rent: £21,000 pa
Business Rates: £7,000
A self-contained 1 bedroom flat above can be made available @ £475 PCM
Café comprising: seating for (37), serve over sales counter with EPOS electronic cash register, chilled cake display cabinet, ice cream fridge, 2 wall mounted menu boards, wall mounted TV, front bi-folding doors to frontage, rear doors to yard area, upright drinks fridge, hot water boiler (Lincat), wash basin, espresso coffee machine (La Spaziale), coffee grinder, work surface, units for crockery storage and a milk fridge. Ladies W/C with baby changing and hand wash basin. Gents W/C with hand wash basin. Catering kitchen comprising: 2 x bread ovens (Hobart), 2 ring electric hob, grill, microwave (Belling), extraction unit, 3 door under counter fridge with salad topping unit, double panini press (Buffalo), slow cooker (Andrew James), stainless steel work surfaces, stainless steel double sink, boiler (Stiebel Eltron) and dishwasher. Office Rear function room.
Front seating for (8) Rear courtyard with seating for (20), portable bar and gas BBQ. Rear parking for (2)