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Charming Cafe for Sale in Scenic Mid Sussex Village on High Street - Prime Location!

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    09/08/22

  • Advert ID

    498370

  • Reference

    6643C / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £120,000 (Stock at valuation)
  • Rent: £12,500
  • Turnover: £260,000 (£5,000 Per week)
  • Net Profit: On request

Key Features

  • Unique Business
  • Attractive Business
  • Trade Gardens Available
  • Accounts Available
  • Prime Location
  • Established Business
  • Fully Fitted

Business Details

BEAUTIFULLY PRESENTED CAFÉ PRIME HIGH STREET LOCATION MID SUSSEX VILLAGE

The café is located in a picturesque village in East Sussex. The Village is located within the South Downs National park and is located 7 miles from Brighton to the South and 9 miles to Haywards Heath in the North. The café has become an integral part of the local community and is well supported by residents. The café has also received exceptional reviews on Facebook, Google Reviews and Trip Advisor. The café serves a wide range of coffee, cakes, both savoury and sweet pastries as well as light lunches. The vendors have only now decided to sell due to their desire to focus on other business opportunities. There would be enormous scope to extend trading hours to benefit from the evening trade.

THE PREMISES: The café is located on a corner plot in the centre of the village and is clearly visible from every direction. The café comes to the market in excellent condition and has been well maintained. On entering the premises there is a large serve over counter to your left which includes a glass chiller cabinet used for quiches, salads and other savouries and also where the 2 group coffee machine and grinder is located. Beneath the counter is also a glass washer and fridge. Just beyond the counter is the custom-built refill station where customers can buy organic grains, pasta, cereals etc package free. There are 42 covers available inside and to the rear of the premises is a beautiful walled courtyard garden which provides covers for an additional 26. The customer toilets are located to the rear of the premises. The open plan theatre style kitchen is located to the rear of the premises and boasts a wealth of fixtures and fittings and a full inventory will be available to any bona fide purchaser. The premises benefit from a large basement which includes the staff toilet, office space, a number of fridges and freezers and a washing machine, as well as extensive dry storage. The bins are also stored in the basement. There is easy access to parking, with the village car park only a short walk away from the café.

TURNOVER:  The vendors are actively involved in the running of the business with the assistance of 1 full time and 1 part time cook, as well as a nucleus of 6 part time members of staff.  Current hours of opening Tuesday – Sunday 8:30am-3pm. Current average weekly turnover amounts to just over £5,000 - £5,500 per week. At present the vendors hold a number of pop up events, which have been very successful, as well as offering the café available for private catered functions.  The vendors also carry out a number of outside catering events in the local area. There would be significant scope to increase the opening hours regularly to embrace the evening trade.

ALCOHOL LICENCE -– The sale of retail alcohol between the hours of 8am – 11pm, Monday – Sunday.

GENERAL REMARKS: Secure lease.  Very well supported café in a beautiful village. Outside seating. Obvious potential of this business will immediately be seen at the time of inspection. Valuable fixture and fittings. Enormous scope to increase trading hours, and incorporate a dinner service.  Alcohol licence.

TENURE: The premises is held on a new 15 year full repairing and insuring lease at a current rental of £12,500 per annum. With rent reviews every 5 years.

RATES: We have been verbally informed that the rateable value is £14,000 per annum and the rates payable amount to £1,774 per annum. Prospective occupiers should make their own enquiries to verify same.

PRICE: We are instructed to quote for the valuable lease, equipment, trade fixtures, fittings and chattels Price £120,000 SAV

LEGAL FEES:  Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090. 

ENERGY PERFORMANCE CERTIFICATE:  The premises has been rated a band C. The full report is available upon request.

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.  The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT: All prices and rents are quoted exclusive of VAT.  Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE  & FINANCIAL PLANNING:  We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status. 

Prop. Ref:               6643C

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential.  I also undertake that I will:

i)                View businesses registered with Watkins Commercial by appointment only.

ii)               Not contact any owner, staff, suppliers, competitors or customers of any business

                  registered with Watkins Commercial

iii)              Not pass on any information supplied by Watkins Commercial to any third party other than professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)              Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

v)               Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'BEAUTIFULLY PRESENTED CAFÉ PRIME HIGH STREET LOCATION MID SUSSEX VILLAGE - 6643C / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.