Exceptional Leasehold Cafe Deli & Coffee Shop Gloucestershire | | Cheltenham Gloucestershire | | EXCEPTIONAL LEASEHOLD CAFE, DELI & COFFEE SHOP - GLOUCESTERSHIRE Advised annual turnover of £195,239 with good GP returns Exceptionally well presented and appointed throughout | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70106
ADVERT IMPRESSIONS : 9,337 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £135000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | EXCEPTIONAL LEASEHOLD CAFE, DELI & COFFEE SHOP - GLOUCESTERSHIRE
Advised annual turnover of £195,239 with good GP returns
Exceptionally well presented and appointed throughout
Excellent partnership or husband and wife business
Early interest and viewing is highly recommended
Sale price includes all fixtures and fittings
Ideal trading location in Cheltenham
Ideal lifestyle change opportunity
1 bedroom private living space
Holds an alcohol licence
Genuine reason for sale
LEASEHOLD
Location
This exceptional leasehold cafe and coffee shop is located in the beautiful town of Cheltenham which is in Gloucester. The business has a prominent position in the highly regarded and affluent Montpellier shopping district which is described by many tourist information sources as being one of the most attractive areas in Cheltenham. The surrounding area has a fantastic display of upmarket shopping boutiques and luxury goods retailers which all bring shoppers and visitors to the area throughout the year. Cheltenham is a very desirable location due to its excellent central shopping, fine housing, good schools, NHS services and beautiful neighbouring open countryside. The town offers famous racecourses, historic attractions and a welcoming and friendly community. Cheltenham also benefits from being situated less than 3 miles away from the M5 motorway which links to the M6, M40 and M4 making visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this exceptional business which has a proud history dating back to the early 1990's. Since 1998 it has been owned and run by our clients who are only now placing it onto the market due to their interests in other businesses. The cafe and coffee shop achieves a very respectable advised annual turnover of £195,239 which provides a healthy gross profit return. The property can only be described as exceptionally well presented throughout with our clients going to significant expense and effort on the properties presentation. Our clients are also generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. The property also comes with a one bedroom flat which our clients currently use as storage, but would make ideal private owners' accommodation if needed. We would like to urge early interest in this business as opportunities in this location and of this quality rarely appear onto the market.
Financial Profile
Turnover: £195,239pa
Gross profit: 59%
Stock approimately: £1,500
Tenure
Leasehold
Original length: 12 years
Remaining: 5 years
Rent: £24,500pa
Opening Hours
Monday: 8:00am - 3:30pm
Tuesday: 8:00am - 3:30pm
Wednesday: 8:00am - 3:30pm
Thursday: 8:00am - 3:30pm
Friday: 8:00am - 3:30pm
Saturday: 9:00am - 3:00pm
Sunday: Closed
Accommodation
Exceptionally well presented mid parade property briefly comprising:
GROUND FLOOR
Double sided entrance (both sides of the high street), both featuring glass fronts with excellent advertising space
Serving area with large chilled serve over
Rear menu boards and preparation/work space
Drinks and light meal preparation space
Basement
Male and female toilets
FIRST FLOOR
Dining area for 24-26 covers with well spaced traditional dining tables and chairs
Commercial style kitchen with wash basin, worktops, cupboards, drawers, extraction unit, fridges and freezers
SECOND FLOOR
Private Owners' Accommodation
Kitchen, living room, bathroom with toilet, shower and wash basin
THIRD FLOOR
Bedroom double (Please be aware that the living accommodation cannot be sublet)
EXTERNAL
Covered all year round external seating area 4 tables and 10 chairs
| | | | | | FOR SALE | | | | | REFERENCE: | 2831 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
