Cafes for sale in Chester

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Superb Licensed Tea Room In Chester Open 3 Days!

Chester, Cheshire West and Chester, England

  • Leasehold Price: £30,000  Price Reduced arrow_drop_down
  • Sale Agreed
  • Annual Turnover: £58,904
  • Annual Gross Profit: £45,758
Seller Reference: 6625
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Business Description
 
 
 
 
 
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Seller Reference: 6625
Request Details
Business Description
Very Busy Trading Location
Town Centre Position
Profit & Loss 31st Oct 2017
Annual Turnover £58,904 (3 Days A Week)
Gross Profit £45,758
Accounts Available Upon Viewing
TRADING THREE DAYS A WEEK
Low Rent
Scope To Introduce Longer Opening
Five Star Food Hygiene Rating
Excellent Online Reviews
Superb Online & Social Media Presence
Customer Seating For 42 Over Two Floors
EPC - C
REF 6625 – Leasehold Licensed Tea Room

Blacks Brokers are pleased to bring to the market this leasehold licensed tea room located in a busy pedestrianised area of Chester, Cheshire which is only trading thee days a week.

INTRODUCTION

Bellini's Of Chester has been trading on Bridge Street Row East since 2014 with our client in ownership since opening. The business offers a range of popular afternoon teas and lunches and has established itself as a popular and well known eatery in this historic area of Chester. It has a five star hygiene rating. Bellini's Of Chester has a superb online presence and social media following with excellent reviews noted on Google, Trip Advisor and Facebook.

LOCATION

The business is located on Bridge Street – this area is known as the eating quarter of Chester. The street is pedestrianised and busy all year round with other businesses including large multiples such as Nando’s as well as independent retailers. This area is well linked by the M56 and A55 with excellent public transport links and parking is available in the immediate vicinity.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to the demands of our client's family commitments being higher than anticipated, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The current lease expires in 2021 and runs at a cost of £288 per week. The landlord is open to fully negotiate a new lease and new terms with a new owner.

STAFF

The business is currently operating with five part time members of staff in employment.

FINANCIAL DETAILS

Bellini's Of Chester has traded solidly since opening. The accounts for year ending 2017 show annual turnover of £58,904 with a gross profit of £45,758. It is to be noted that the business is currently trading three days instead of seven. Full financial details are available upon viewing.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Our client, as a sole trader currently pays £0 business rates. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business occupies a superb trading position and is fitted beautifully throughout. Our client has established a good customer base and excellent reputation. There is plenty of scope to develop the business further with the introduction of a breakfast service and longer opening hours and days. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
All tables (solid wood) and chairs (leather)

Fine China

2 x Beer fridges

Dumbwaiter cabinet

2 x Coffee machines

5 x Fridges

4 x Freezers

2 x Pot washes

4 x Ring burner oven

2 x Microwave ovens

2 x Convection ovens

Another oven

Computer

Office Equipment

CCTV
Trading hours:
Mon - Closed Tue - 10am - 5pm Wed - Closed Thur - Closed Fri - 10am - 5pm Sat - 10am - 5pm Sun - Closed
Tenure:
Leasehold
Is accommodation included?:
Bellini's Of Chester operates from the ground, first and second floor of an attractive, historic mid terraced property. Inside, the main dining area is beautifully presented and modern and offers seating for twenty with an open kitchen to the rear. On the first floor there is a public toilet, wash room along with a private storage room. The first floor also has a function room with its own bar and this offers seating for twenty two. On the second floor is an office, large storage area, and a second kitchen. There is also a staff toilet and shower room. All areas are presented beautifully and have been finished to a high standard.
Location Details:
Chester
Leasehold Term:
£288 Per Week
Listed by:
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