Long-Established Daytime Cafe in Worcester

  • Price: £21500 + SAV (Leasehold)
  • Leasehold Price: £21500 + SAV (Leasehold)
  • Annual Turnover: £78,000
Worcester, Worcestershire, England
Seller Ref:AC9100SJG
For Sale

Long-Established Daytime Cafe in Worcester

Worcester, Worcestershire, England
Seller Ref:AC9100SJG
  • Price: £21500 + SAV (Leasehold)
  • Leasehold Price: £21500 + SAV (Leasehold)
  • Annual Turnover: £78,000

Overview

Seller Ref: AC9100SJG

Description

The premises occupy a good trading location in the centre of the historic city of Worcester, close to the main city centre shopping areas and well located for the evening pub and night club circuits.

Worcester is situated approximately 31 miles to the south of Birmingham and 27 miles north of Gloucester, Worcester has an approximate population of 100,000 and is the county town of Worcestershire. The River Severn runs through the city and is overlooked by the impressive 12th Century cathedral. The M5 motorway runs on a north-south axis and is located to the east of the city with access via junctions 6 and junction 7. London is 120 miles away via the M5, M42 and M40 motorways and there are also good railway links between Worcester and the cities of London and Birmingham.

The lock-up premises provide ground floor trading and basement storage areas, and are presented and equipped to a good standard, including a 883 ft.² twin aspect cafe with 62 covers, with servery and coking area. There is a separate wash-up area 49 ft.². A staircase from the café seating area leads to the basement where there is a freezer room and three store rooms, together with ladies and gent’s toilets. The premises now fall under Class ‘E’ but were previously Class A3 (restaurant/café use).

The premises are held on a 15-year lease from 2008 at a passing rent of £19,200 per annum. No V.A.T. is charged on the rent and the rent is paid monthly, which assists cash flow. We understand a new lease will be available to a prospective purchaser simultaneous with legal completion – further details on application.

Operating as a daytime café, and reluctantly offered for sale due to our client’s ill-health, the business offers an easily managed menu including a varied choice of breakfasts plus lunchtime main meals including burgers, lasagne, curry, cottage pie, other pies, omelettes, jacket potatoes, salads, sandwiches, baguettes and paninis, daily specials and hot and cold drinks.

Currently trading a 6-day week, Monday to Saturday, 9:00 am to 4:00 pm, the business is owned by two partners one of whom owns another catering unit which he tends to work at, with one partner working 6 days within this unit, supported by staff. This is an ideal husband and wife/two-person operation, and provides growth potential, in particular by extending the trading hours in particular to take advantage of the late night pub and club trade available. Prior to health problems with one of the vendors, the business opened until 4.00 a.m. either Thursday, Friday, Saturday or Friday, Saturday, Monday. There should be no issues re-applying for a late trading licence from the local council should the new owner so wish.

An internal inspection is recommended of this long-established and well located business, owned by our clients for the past 20 years and occupying a good city centre location and offering growth potential. At the request of our vendor client, all appointments must be by prior arrangement only through Business Partnership. Ref: AC9100SJG

  • Established business, owned 20 years
  • Congenial trading hours – Monday to Saturday 9:00 am to 4:00 pm – closed Sunday
  • Tremendous scope to introduce evening opening
  • Easily managed menu includes breakfasts and lunches (burgers, lasagne, curry, cottage pie, soups, salads, pies, jacket potatoes, paninis, sandwiches & baguettes) and hot and cold drinks
  • Ideal husband & wife/two person operation plus staff if required
  • Good city centre trading location benefiting from regular local and passing custom – close to evening pub and night club circuits
  • Takings average £1,500 weekly
  • Offered for sale due to ill-health
Is stock included:
NA

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