Stratford upon Avon, CV37

Leasehold A3 Cafe & Restaurant in Stratford Upon Avon For Sale

Licenced

Ref 2261

Location

This outstanding business is located in the heart of Stratford Upon Avon's vibrant town centre which is the birthplace of William Shakespeare and home of the Royal Shakespeare Theatre. The town is steeped in culture and history and is set in the beautiful rural Warwickshire countryside, on the banks of the river Avon. It is one of the most important tourist destinations in the UK receiving over 4.9 million visitors.

Business information

Offers Over Price: £99,950 plus SAV

Turnover: £238,448 net of vat pa

GP: £178,774

Adjusted net profit: £52,779

Stock: £1,600

Leasehold

Original term: 10 years

Remaining : 8 years

Reviewed: 5yearly

Rent: £32,000 plus vat pa

Rates: £14,785.75p

Business Description

Veritas Business sales are delighted to offer for sale this respected Cafe & Restaurant in Stratford Upon Avon. The business has been established for over 30 year and has been in the careful hands of our client for the last 15 years. The owners are reluctantly offering the business for sale but are looking to now relocate. Since purchasing the business our clients have continually invested in new equipment, along with fixtures and fittings which are all brought and paid for and included within the sale price which means any new purchaser will not have to spend any additional funds for some time. The business is owner operated and employs 3 full time and 3 part time members of staff along with 2 Saturday helpers and has an annual turnover of £238,448 net of VAT with a GP of £178,774 and an adjusted net profit of £52,779 pa and close for 4 weeks of the year for holidays. They serve a selection of delicious home cooked foods from, quiches, breakfasts, main course meals, sandwiches, baguettes, soups, salads, paninis, jacket potatoes, tea & coffee, cold drinks, wines and bottled beers. We believe that there is further untapped potential to increase trade by pushing the outside catering, introducing evening openings as a bistro to attract the theatre trade and opening on Sundays. The Deli Cafe enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade and of course is heavily reliant on the many visiting tourists. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Opening Hours

Monday - Saturday - 8.00am - 5.00pm

Sunday - Closed

Ground Floor

Restaurant comprising: tables and chairs for (60), double door drinks chiller, fridge, work surface, condiments area with fitted units and sales counter with cash register. Front kitchen comprising: espresso coffee machine (Iberitial), coffee grinder, hot water boiler, milk dispenser, salad/topping fridge with under counter fridges, griddle, crisper, electric oven, stainless steel work tops with under counter fridges, fridge, 3 x microwaves, 4 x pot bain-marie and wash basin. Second restaurant comprising: tables and chairs for (26)

Staff W/C and wash basin

Office with walk in freezer

Ladies W/C and wash

Gents W/C and wash basin

Catering kitchen comprising: commercial 4 burner gas hob & oven, 4 x deep fat fryers, extraction unit, dough mixer, double sink drainer, wash basin, microwave, washing up area with jet spay rinse, sink and dish washer.

Hallway with fridge & freezer.

External

Front area with seating for (12)

Rear shared courtyard with vendors parking for (4)