Coffee Shops for sale in Taunton

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Popular & Well Presented Town Centre Sandwich Bar, Coffee Shop & Cafe for Sale

Taunton, Somerset, England

  • Leasehold Price: £104,950
  • Annual Turnover: £226,000
Seller Reference: 2097
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Business Description
 
 
 
 
 
 
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Seller Reference: 2097
Request Details
Business Description
THE PROPERTY
The Wickets is an extremely well established and well-regarded day time only sandwich bar, coffee shop and cafe which occupies a prominent and highly visible trading position in Taunton town centre, close to the Somerset County Cricket Ground. The lock up leasehold premises are furnished and equipped to a high standard, and consequently the business offers incoming operators the opportunity to purchase an established sandwich/coffee bar and cafe, with an excellent reputation which still offers tremendous potential for incoming purchasers to build on existing levels of trade. This highly desirable and purposefully equipped catering business is extremely well presented throughout and briefly comprises:- Substantial Servery Area; Customer Seating Area for approximately 20 customers; Customer WC, Commercial Catering Kitchen, separate lower ground floor Preparation Room and extensive storage. The sale of Wickets represents the opportunity to purchase an established and well-regarded business with an excellent trading position and highly impressive levels of trade and profits, and still offers genuine potential to increase all aspects of the trade still further.

SITUATION
Wickets occupies a prominent and highly visible trading position within Taunton's town centre. The excellent location is within the immediate vicinity of a number of renowned national retailers and well placed to benefit from the considerable commercial advantages of other complementary businesses, office and residential developments, and the nearby Somerset County Cricket Ground, all of which generate significant levels of business. Taunton is the county town of Somerset and a principal administrative centre nestled between the Quantock, Blackdown and Brendon Hills. With a growing resident population of over 65,000 and a catchment population of over 300,000 within a 30 minute drive, the town has convenient access to junction 25 of the M5 Motorway. The mainline railway station is around ten minutes walk away and provides direct access to London Paddington in under 2 hours.

INTERNAL DETAILS
Prominent corner position with glazed door to side and glazed bi-fold doors to the front, leading into main Cafe Seating and Waiting Area. A well-presented and attractive purpose fitted area with stripped wood flooring, feature lighting, triple glass fronted bottle fridge, a range of freestanding wooden topped tables, perimeter fixed wooden settle seating and stools, comfortably seating 20 customers. Substantial L-shaped wood fronted Customer Servery with stripped wood flooring, glass fronted serve-over refrigerated display counter with double refrigerated storage to rear, glass fronted serve-over hot food display cabinet, walled shelving, perimeter work surfaces with storage shelving below, four-slice toaster, panini grill, two 2-pot bain maries, orange juicer, stainless steel sink unit, part tiled walls, electronic cash register, filter coffee maker, coffee grinder, commercial coffee machine and cake display. Customer WC. Commercial Catering Kitchen with altro flooring, part stainless steel and part wipe clean clad walls, extractor system with stainless steel canopy over, six burner gas range, stainless steel work surfaces with shelving below, wall cupboards, further work surfaces, twin deep bowl stainless steel sink unit, serving hatch to rear servery, stainless steel handbasin, microwave oven, two under counter fridges and stainless steel racked shelving. Store Cupboard and Staff WC. Preparation Room on the lower ground floor with non-slip flooring, fully tiled walls, extensive range of work surfaces with base cupboards under, three chest freezers, twin deep bowl stainless steel sink unit, stainless steel handbasin and electric oven. Further Large Storeroom.

Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

THE BUSINESS
The Wickets is an extremely well-established and appealing day time only catering business trading as a sandwich/coffee bar and cafe. Trading on limited hours, six days a week, the Wickets enjoys an excellent and long-standing reputation with an established regular repeat trade resulting in impressive levels of business. The business serves a popular and easy to prepare menu to eat in or takeaway, which includes; breakfast, light bites, sandwiches, baguettes, paninis, salad boxes, jacket potatoes, soups, hot and cold drinks, cakes, tray bakes and savouries, together with a daily lunchtime special. The majority of the produce is homemade on the premises and all food is freshly prepared to order. The business also has a great reputation with other local businesses with regular orders being placed for buffets, lunches and platters. The business has been established for around 22 years and has been purposefully fitted and equipped to a high standard. The business benefits from a prime town centre trading location as well as being situated close to Somerset County Cricket Ground from which significant levels of trade are derived, especially on match days. The business benefits from numerous favourable reviews on TripAdvisor and a viewing is highly recommended to fully appreciate the high standards inherent throughout all aspects of this business.

TRADING INFORMATION
Accounts for the year ending 30th April 2019 show sales of £226,000 excluding VAT, with impressive gross profit margins. Detailed trading information can be made available to interested parties following a formal viewing appointment.

OPENING HOURS
The business trades on deliberately restricted opening hours of 8am - 3pm six days a week, being closed on Sundays.

CURRENT STAFFING
The business is run by our clients, a mother and daughter team, assisted by one full time and one part time member of staff.

POTENTIAL
The Wickets presents a perfect opportunity to purchase an easy to run, well-appointed day time only catering business in a prime location and offers potential for new owners to develop many aspects of the trade still further. Undoubtedly, there is potential for incoming operators to develop a website and also to make full use of social media, in order to promote the business and increase sales. There is also the potential for incoming operators to extend the menu, should they wish to do so, and to increase the opening hours, particularly by opening on a Sunday, for which demand exists. New owners will benefit from being able to move in without the need for any major expenditure on the premises, and an early appointment to view is highly recommended in order appreciate all that this excellent catering business has to offer. Our clients are prepared to offer a full handover and training, if required.

EPC
Requested and to be advised.

SERVICES
All mains services are connected to the subject
property.

RATING
For up to date Business Rates and Council Tax information relating to this property, we refer you to the Valuation Office website www.voa.gov.uk

PRICE & TENURE
£104,950 for the valuable leasehold interest as a going concern business and full trade inventory. Wet and dry stocks to be addition at valuation. Vacant possession upon completion.

We are advised that the premises are held on a 5-year lease from April 2016 at a rent of £17,000 plus VAT per anum. Our clients advise us that the landlord is prepared to offer a new 5 or 10-year lease to interested parties. The tenant has internal and insuring obligations. Full details available upon request.

VIEWINGS
Strictly by appointment with the vendors Sole Selling Agents.Tel:(01392)201262.Email:info@stonesmith.co.uk
You are recommended to contact us before visiting the property even for an informal viewing. We can then confirm whether or not it is still available.

FINANCE
An early discussion about finance can often save time and disappointment. If you would like independent specialist advice on funding this property or any other purchase, we recommend you contact us for a list of our approved brokers.

Tenure:
Leasehold
Location Details:
Wickets occupies a prominent and highly visible trading position within Taunton’s town centre. The excellent location is within the immediate vicinity of a number of renowned national retailers and well placed to benefit from the considerable commercial advantages of other complementary businesses, office and residential developments, and the nearby Somerset County Cricket Ground, all of which generate significant levels of business.
Leasehold Term:
We are advised that the premises are held on a 5-year lease from April 2016 at a rent of £17,000 plus VAT per anum. Our clients advise us that the landlord is prepared to offer a new 5 or 10-year lease to interested parties.
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