Stratford upon Avon, CV37

Licensed Cafe/Coffee Shop For Sale

Located In Stratford Upon Avon Town Centre

TripAdvisor # 4.5 Rated Tearooms & Coffee Shop

Facebook 4.9 From 5 Rating

Ref 2342

Location

This outstanding Cafe is located in the heart of Stratford Upon Avon town centre. Positioned in one of the main pedestrianised streets therefore producing high levels of footfall. This thriving historic town is the birthplace of William Shakespeare, steeped in culture and history. 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 per annum.

Business information

Asking Price: £84,950 plus SAV (3,000)

Turnover: £280,000 pa

Leasehold

Original term: 10 years

Remaining: 7 ½ years

Reviewed: 5 yearly

Rent: £30,000 plus VAT pa

Business Rates: £5,300

Business Description

Veritas Business sales are privileged to offer to the market this well respected Cafe which is located in the highly desirable town of Stratford Upon Avon. The business has been trading for over 20 years and has been in the careful hands of the current owners for the past 2 years and is reluctantly being offered for sale as my client wishes to relocate. Since ownership they have invested in a new website along with new equipment and fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to spent for some time. The business is owner operated and employs the help of 3 full time and 4 part time members of staff and has an annual turnover of circa £280,000 per annum. Approximately 50% of the turnover is through the cafe, 40% from the takeaway section and the remaining 10% comes from the outside catering & buffets. The Cafe serves a fine selection English cooked breakfasts, freshly prepared sandwiches, baguettes, panini's, jacket potatoes, salads, soups, hot daily main course specials, pasties, pies, homemade quiches, cakes, cold drinks, crisps and specialist coffees & teas. This summer they have purchased an ice cream cart which is placed outside and is very popular. All fayre is freshly prepared on site to order, using only the freshest locally sourced produce. The cafe already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established business that that still has further potential 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 - Sunday - 9.00am - 6.00pm

Sandwich bar/bakery comprising: sales counter with EPOS electronic cash register, window display, chilled display unit, 3 door under counter fridge, double panini press, pasty oven (Anna), commercial microwave (Samsung), hotplate food display/warmer, soup kettle and work surface.

First floor

Office. Cupboard with water boiler (Ariston). Dry stores with upright fridge, weighing scales and storage shelves. Kitchen with double sink drainer, stainless steel work top, dough mixer, deep fat fryer, toaster, 3 pot dry bain-marie, portable food cooling racks, tall upright fridge, small upright fridge, convection oven (Blue Seal), 2 ring induction hobs x 2, tall upright freezer, extractor unit and air conditioning unit/heater.

External

Rear covered courtyard with seating for (9)

Frontage with seating for (20) and ice cream cart.