Nuneaton, CV11

A3 Coffee Shop & Restaurant Located in Nuneaton

Licensed Bar

Brand New Refit

5* Hygiene Rating

Ref 2314

Location

This outstanding Coffee Shop/Restaurant is located in Nuneaton. Its stands within a prominent and highly visible trading position on a one way street next to Nuneaton train station and directly backs on to Asda supermarket (24hr), dance studio and 2 offices which are being occupied by property agents and a coach company. The town centre is within a short stroll where you find an abundance of retail outlets, bars and restaurants and in close proximity you have the Bus Station, King Edwards VI College, Etone School & College, retail park and is opposite Empire Gym. The (A444) gives easy access to the M6 motorway which links you to all major motorway networks.

Leasehold Asking Price: £29,950 plus SAV (£2,000)

Business Description

Veritas Business Sales are delighted to offer for sale this superb Coffee Shop & Restaurant which is located in Nuneaton, Warwickshire. The building used to have a 24 hour taxi office on the ground floor and currently a longstanding reputable dental practice on the first floor. The building was acquired by my clients in Oct 2017 as a long-term property investment. The ground floor was then subsequently transferred into a purpose built A3 premises which opened its doors in late May 2018. The landlords are local property investors and have completed a major refurbishment throughout of the ground floor with a sole intention in leasing the premises in the future. Since ownership they have gained the relevant A3 planning consent totally refurbished and installed brand new equipment along with fixtures and fittings which are all brought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Chai Express is currently operated by the owners family and will come with no staff liabilities when purchased. Included within the purchase price is a fully fitted licensed restaurant to include all fixtures and fittings but no trading accounts will be made available. The Cafe serves a fine range of specialist coffees, teas, beers, wines, milkshakes, protein shakes, cold drinks, cooked breakfasts, paninis, toasted sandwiches, freshly cut sandwiches, burgers, wraps, chips, Indian starters & street food. We believe that the business would benefit from an owner operator to trade it to its full potential. The site could lend itself to a variety of cuisines, franchise models, Blue Chip food retailers or could simply stay as it is and enhance the business by join some of the on-line delivery portals such as Just Eat and Deliveroo and maybe expand upon the current opening times. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade and new passing trade due to its prominent location being next door to the train station. This is a superb opportunity to purchase a newly fitted restaurant with huge growth potential which is a great base to build upon and as such early viewing is highly recommended as this site is not to be missed.

Current Opening Hours

Monday - Friday - 7.00am - 4.00pm

Saturday - 8.00am - 4.00pm

Sunday - closed

Leasehold

New lease available

Term negotiable

Rent: £12,000 per annum

Business rates: zero

Ground Floor

Restaurant comprising: seating for (30), 3 iPad (for customer use), 2 baby high chairs, dessert display counter (Frost-tech), chilled display counter (Frost-tech), serve over chilled display counter, glass display cabinet, Coca-Cola fridge (on loan), cold drinks display chiller, 4 wall mounted electronic menu boards, espresso coffee machine (Astoria), coffee grinder, EPOS till system, base unit, 3 storage draws, ice machine (Whirlpool), stainless steel wash basin, small glass washer, under counter fridge (Blizzard), hot water boiler (Lincat), jacket potato oven (Bake master), convection oven (Merry Chef), under counter fridge (Beko) microwave (Belling) and under stair storage cupboard Catering kitchen comprising: extraction canopy, combination oven (Buffalo), 4 ring electric hob/oven (Teknix), griddle (Tansik), 2 deep fat fryers, stainless steel work top with 3 door under counter fridge below, 2 upright freezers (Inter leven), upright fridge (Inter leven), chest freezer (Tefcold), chest freezer (Norfrost), panini press (Buffalo), dishwasher (Electrolux), stainless steel sink, work top, stainless steel wash basin, soap dispenser, 2 pot wet bain-marie and storage rack. Hallway leading to toilets with vented pressurised water tank system. Disabled W/C with wash basin, soap dispenser and electric hand dryer. Customer W/C with wash basin, soap dispenser and electric hand dryer.

External

Frontage with tables & chairs to seat (4).

Rear bin area with parking for (1).

The property benefits from remote control electric roller shutters to front & manual to the rear, intruder alarm, CCTV 7 camera system and an air conditioning unit/hot air blower to the restaurant. The property has been re-wired, has tiled flooring and suspended ceilings.