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Established 30 Cover Cafe In Wallasey Merseyside

Wallasey Merseyside
T/O: £49,000 GP: 85% Scope to increase turnover Loyal customer base Well-equipped Established business Town centre location
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 60067
ADVERT IMPRESSIONS : 6,892 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Cafes
SALE: Agent Sale

LEASEHOLD:

£22,950

ANNUAL RENT:

£4,800
 

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BUSINESS DETAILS:

Location
The Singing Waitress occupies the ground floor of 2-storey mid-parade premises ideally located on the outskirts of the town centre of Wallasey, Merseyside. The premises benefit from ample on street parking and surrounded by a variety of complementary shops and businesses. Wallasey is a mainly residential town but is still popular with tourists. There are regular buses running through the area and the railway station is approximately 1.5 mile away. The business boasts easy access to the A-road network and Liverpool lies less than 4 miles away.

Business History
Preferred Commercial is delighted to offer for sale this busy café, which was established in the 1960s and has been in our client's careful hands since 2008. The business is only now offered to the market due to our client's other business interests. The premises are well-equipped to suit the trade with a spacious seating area with tables and chairs for 30 covers and a well-equipped commercial kitchen. This established business benefits from an excellent reputation and receives much repeat trade. Our client currently offers a variety of high quality hot and cold food to eat in or takeaway. The business currently trades 7 days a week, which generates a turnover in the region of £49,000 per annum with a gross profit of 85%. We feel this could be further increased by extending the product range and opening hours. The new owner could, if desired, establish a delivery service. This is an ideal opportunity to acquire an already busy café with further potential to increase turnover. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £49,000 approx.
GP: 85%


Opening Hours
Mon - Sun: 9:00am to 5:00pm

Accommodation Details
Ground floor lock-up cafe premises. Briefly comprising:

Ground Floor
• Seating area with modern tables and chairs for up to 30 covers, large glass refrigerated display counter and chilled drinks unit
• Kitchen area split into two
• First area with worktops along both walls, extractor fan, 2 x small upright freezers, 2 x small refrigerators, 2 x microwave ovens, 2 x deep fat fryers, large 6-burner gas hob and oven and 2 x 4 round toasters
• Second kitchen area with double sink unit, worktops, shelving, 2 x freezers, 2 x refrigerators and large freezer

External
• Outside WC with wash hand basin
• Yard to rear

Tenure
Leasehold
Original length: 15 years
Remaining: 12 years
Rent review every: 5 years
Rent: £4,800 per annum
   
  FOR SALE
   

REFERENCE:

2273 / RightBiz
   
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