REDUCED PRICE: A rare opportunity to purchase this exceptionally popular leasehold cafe with external catering business.
REDUCED PRICE: A rare opportunity to purchase this exceptionally popular leasehold cafe with external catering business.
Overview
Description
Offered for sale leasehold and fully equipped as a going concern is this popular and well-established licensed café in an excellent Town Centre location, currently with 24 indoor covers and 45 external covers, also offering takeaway services and an outside catering business.
Situated in the heart of the County Town of Newport, which is in turn considered the commercial hub for the Island and, as such, is constantly busy; the café is located overlooking the pedestrianised section of St. James Square and benefits accordingly from external seating arrangements on licence from IW Council.
The business currently trades 6 days a week from 9am – 4pm in the winter months and 9am – 5pm (plus) in the summer months. These hours are of the current owners’ choosing and could be extended by new operators.
Turnover and accounts can be discussed, but only with bona fide applicants and/or their professional advisors, and subject to signature of a confidentiality agreement. An inventory of the fixtures, fittings and equipment will be provided on the occasion of a sale. Stock, where appropriate, will be sold separately at valuation.
Leasehold Terms:
Trading Hours:
Location Details:
Is this business relocatable:
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