Cafe And Sandwich Bar. Thatcham, West Berks For Sale. | | Thatcham Berkshire | | Successful A1 use Cafe cum Sandwich Bar.13 covers.24 square metres of customer seating with a large kitchen, utility room and toilet. Recently redecorated. Busy location in parade of 4 shops. Opposite a secondary school and leisure centre. Low overheads. Lease to let or rent Cafe And Sandwich Bar. Thatcham, West Berks For Sale. is located in Berkshire. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68391
ADVERT IMPRESSIONS : 10,686 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Private Sale | ASKING PRICE: | £1000 | LEASEHOLD: | £1000 | ANNUAL RENT: | £8000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Up for sale once again is our delightful Coffee Shop cum Sandwich Bar. Cookie Cafe. The business wwas 'purchased' in December but after 2 months of messing about the buyers have moved the goalposts and insisted that they wanted to turn it into a Kebab Shop. This is after I rather foolishly allowed them to run the shop as their own for 2 months. The Landlord has a covenant for the flat above that states the use cannot be A5. The shop must remain A1. The business is up for sale for an absolute bargain £1000. The previous buyers bought for £13,000. Having moved on in business, I must sell this one as I am working 60 hours a week elsewhere and have no time. The buyer must have assigned to them the existing lease which runs until March 2017 (and can be extended). There is a break clause in March 2014. The buyerts must have a good credit rating and be able to provide references. The landlord will require 3 months deposit and 3 months rent in advance. Here is the original advert. I purchased this business and offered my son a partnership in March 2011 after 4 months of negotiation with the previous owner. I invested a significant amount of money in improving the shop front, putting in new furniture and having all assets inspected for safety. The shop has a six year lease due for renewal in March 2017. I have paid the rent until 25th March 2012, so no rent is due until then. The rent will be £650 per calendar month. Inlcuded in the sale are the following assets:
Chiller unit. This is in very good condition with solid marble preparation worktops and is a very large corner unit. Double width under counter drinks chiller. Iberital 2 group Espresso machine. Serviced and certified in April 2011. One of the best machines. Coffee Grinder and knock out draw. Hot cabinet. Double Panini Contact Grill. Smoothie Dispenser. Cost £600 and is nearly new. Xpress Milk Shake Blender. The same as the one Starbucks and Costa use. Sharp cash register. Blue Seal 900mm Bread Oven. Microwave. Commercial cake mixer. 1 off full height freezer. 1 off chest freezer. Stainless steel deep sink and drainer. Stainless hand wash basin. Dishwasher. 8 off faux leather brown tub chairs in excellent condition. New in April 2011. 32inch LCD flat screen wall mounted television. New in April 2011. 1 off walnut veneer coffee table. New. 2 off low level round tables. 2 collapsable party tables. All crockery, cutlery, cooking utensils associated with the daily running of the shop. Any stock left in the shop on the day of sale
Thomson Wifi. 2 off outdoor aluminium tables and 4 off aluminium stacking chairs. The shop has approximately 24 square metres of customer seating. It has an extremely generous kitchen with worktop and cupboards the full length of the kitchen. There is also a small utility room with wash basin and a staff toilet. There is a double door exit to the rear of the building and parking front and rear. Customers are a mix of school children, sixth formers and adults. No trouble has been encountered and the children are very well natured. The rates are subject to small business relief and are fixed at £112 per month until September 2012 at least. The shop is situated in a parade of four shops (hair salon, boiler showroom and a vet). It is opposite a secondary school and leisure centre and is 1000yrds from a Railway station. The postcode is RG19 4PZ. The shop is run by my son and we are running it at reduced opening hours of 0830 to 1430 Monday through Friday. There is huge scope for increased business (opening when the school closes would be a good start plus Saturday mornings). We also run childrens cooking parties on Saturdays. We have two casual members of staff that have run these for the last 18 months. The parties are very popular and are charged at between £12.50 and £14.50 per head. Until recently there was also a delivery service although due to other commitments I have not been unable to support this. It could be easily reinstated. There is also an excellent fully optimised website. I had this developed and it links nicely with a Thomson Local advert i have had commisioned. Search in Google for Sandwiches, Coffee or Parties in Thatcham and our shop is always top of the page. In addition there is also a Facebook page which currently has 95 likes. This is a reluctant sale. I envisaged owning this for a great deal longer than I have but I am over 60 and realise this is too much for me. I purchased the shop from the previous owner after she could no longer sustain the losses she was making. I have got the shop to a point where it is making a profit consistently and believe under the right management the business can go from strength to strength. For a working owner and perhaps a part time member of staff for lunch time rushes this is an extremely good business mostly because of the very low overheads. Food is provided by a local butcher / farmhouse bread, chicken, mayo etc. . . And the remainder is generally ordered through Booker. All food is delivered directly to the shop to save those cash and carry hassles. We have just been awarded 4 stars by the West Berks Environmental Health Office following a routine inspection. This is a promotion from the 3 stars awarded to the previous owner. If the buyer is looking to change the name of the shop, We have also registered www. Thelunchstop. Co. Uk and this can be included for the asking price if needed. The buyer is responsible for their own solicitors fees. I will pay the Landlords fees as part of the reassignment. The business has no debts. Due to unavailablity, any training required will only be provided through work instructions and email correspondence although we will try and be as helpful as possible. Until the potential new owners took over in December 2011, the turnover given the reduced opening hours is approximately £600 per week giving a net profit of £335 per week. This is obviously increased when parties occur, and could be easily developed given longer hours, Saturday opening, the reintroduction of deliveries (there are 3 local business parks) and a comprehensive marketing campaign (something I haven't done). Please feel free to ask any questions you may have. . | | | | | | FOR SALE | | | | | REFERENCE: | 68391 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
