All Day Cafe / Bistro in a Busy Location: Hertfordshire

  • Price: £175,000
  • Leasehold Price: £175,000
  • Annual Turnover: £520,000
Watford, Hertfordshire, England
Seller Ref:R35375B
For Sale

All Day Cafe / Bistro in a Busy Location: Hertfordshire

Watford, Hertfordshire, England
Seller Ref:R35375B
  • Price: £175,000
  • Leasehold Price: £175,000
  • Annual Turnover: £520,000

Overview

Seller Ref: R35375B

Description

  • Award winning coffee shop and cafe / restaurant
  • Highly rated on Trip Advisor and other sites
  • Prime High Street location
  • 88 Covers (inside and outside)
  • Total floor area 273 square metres
  • Lease expires 2028.
  • Rent £39,000 per annum
  • Gross Weekly takings around £10,000 including VAT

Everett Masson and Furby are delighted to present to the market a very busy cafe / restaurant located in a prime position in Hertfordshire.

The business was established and considerably improved by the present owner more than 12 years ago and is being sold due to international location.

The concept of the business is that it operates as a cafe and coffee shop in the morning, serving hot and cold meals from a simple menu. And in the evening the business is transformed to a Bistro restaurant with an appropriately different menu.

The business introduced a delivery service four years ago and this continues as required. Very recently the premises has been upgraded substantially including new air-conditioning, furniture, CCTV system, dishwasher and improvements to the cloakrooms.

Over the years the business has built up a good name locally and this is reflected in a host of 5 star reviews and overall score of 4.5 / 5.0 on Trip Advisor. More recognition has also recently been received as the restaurant was the recipient of a local award and has also received many 5 star reviews on Google and elsewhere.

This is a confidential sale and potential buyers will need to sign an NDA prior to receiving more details of the business. Early viewing is highly recommended. Please note that under no circumstances may applicants view without an appointment through sole agents Everett, Masson and Furby.

Price: £175,000 for the leasehold business, goodwill, fixtures and fittings etc.

Number of Employees:
7
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA
Website address:
https://www.emfgroup.com/businesses/view/R35375B/all-day-cafe-bistro-in-a-busy-location-hertfordshire

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