Catering Companies for sale in Cambridge

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Successful Cambridge catering business, including established shop and multiple concessions

Cambridge, Cambridgeshire, England

  • Leasehold Price: £150,000
Seller Reference: CAMBSBLUE
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: CAMBSBLUE
Request Details
Business Description
• Well regarded and successful catering business operating for over 16 years
• Retail premises, multiple concessions and catering contracts
• Significant opportunity to expand both concessions and contracts
• Turnkey operation

Property

Leasehold interest of 48 Hills Road

The property comprises a ground floor cafe and sandwich shop with service counter, small seating/waiting area, plus mezzanine area above for food preparation. The premises is held on a newly extended internal repairing lease from 10th January 2019 for a term of 15 years, expiring on 30th April 2034.

The permitted use is within A1 Use Class, retail shop, at a rent of £16,000 pax, reviewed on 1st May 2024 and every 5th year of that anniversary thereafter.

Café Services to the Faculty of Law, University of Cambridge

The café provides a service to staff and students term time only. The Faculty is situated within the Sidgwick Site. The caterer, Cambridge Blue Sandwiches, has for 4 years exclusively operated a café area and food production space with sales in the region of £40,000 per annum. This is a concession style contract with the Faculty paying for and maintaining equipment.

The Contract has been extended until 30th September 2020.

Provision of Catering Services at the Department of Chemistry (East End Foyer)

The Department of Chemistry is located within the School of Physical Sciences at the University of Cambridge. The Department, located in Lensfield Road, hosts around 200 postdoctoral research staff, over 250 postgraduate students, and around 60 academic staff, including newly independent researchers. During term time up to 500 Undergraduate Students will be attending a number of Lectures in the Theatres adjacent to the concession area.

For 12 years our client has provided a range of snacks and hot food, including sandwiches and a wide range of coffees and teas, to the Faculty members, staff and visitors five days a week.

The contract period is from 2nd January 2019 until 24th December 2021 with an option to extend for further periods up to 24th December 2026.

Provision of Catering Hospitality and Platter Services to the University of Cambridge

The value of the hospitality and platter business for suppliers with the University of Cambridge is currently around £1,000,000 per year. The Initial Period is from 1st August 2018 to 31st July 2020 with an option to extend for further periods up to 31st July 2022.

Cambridge Blue Sandwiches have an agreement allowing them to tender for platter services (including hot food), as one of a limited number of preferred suppliers to the whole of The University of Cambridge.

Trading Figures & Turnover
Additional information relating to turnover and the concession agreements for www.cambridgebluesandwiches.co.uk can be made available to genuinely interested parties.
Tenure:
Leasehold
Location Details:
Cambridge Blue Sandwiches is located in central Cambridge with prominent premises on Hills Road as well as multiple concessions within various faculties including Law and the Department of Chemistry plus platter services to The University of Cambridge.
Listed by:
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