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Thriving Café And Takeaway In Bedford Bedfordshire

Bedford Bedfordshire
Café Bedford, Bedfordshire T/O: £300,000 GP: 80% Huge scope Town centre location Close to local amenities High footfall Loyal customer base
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 72686
ADVERT IMPRESSIONS : 7,476 TIME(S)

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

LEASEHOLD:

£250000
 

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BUSINESS DETAILS:

Location
Star Café occupies substantial 3-storey corner premises, ideally located in a prominent trading position in a sought after area of Bedford town centre, Bedfordshire. The premises are located in busy pedestrianized street and are surrounded by a wealth of complementary shops and businesses. The business enjoys a high daily footfall and much passing trade. The town's bus depot is situated around the corner and the railway station is within easy walking distance. Bedford is a historic town, steeped in culture and is also a highly desirable place in which to live and work. The premises boast easy access to the A-road network and the M1 motorway. The town is popular with commuters due to excellent road and rail links across the region. Milton Keynes lies approximately 12 miles away, while Northampton is approximately 21 miles away.

Business History
Preferred Commercial is delighted to offer for sale this thriving café, which was established in 2003 and which is only now offered to the market due to our client's other business interests. The business trades 7 days a week and generates a turnover in the region of £300,000 per annum with a gross profit of 80%. Star Café opens all day, providing breakfasts and lunches, sandwiches, Paninis, cakes and snack food, along with a good selection of beverages, with the option to eat in or takeaway. We feel the turnover could be further increased by perhaps offering a sandwich delivery service to local businesses. There is also scope to establish an outside catering service. The café has an excellent reputation and is renowned for quality food at competitive prices. The property has been fitted to a high standard and boasts a spacious café area with tables and chairs for up to 52 covers. There is a further café area with 36 covers to the first floor. We have been advised that the kitchen has been recently completely refurbished at a cost of approximately £10,000. This is an ideal opportunity to acquire an already busy café with an excellent reputation and in a prime location. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £300,000 approx.
GP: 80%

Opening Hours
Mon - Sat: 6:00am to 6:00pm
Sun: 8:00am to 4:00pm

Accommodation Details
Substantial corner 3-storey café premises in busy pedestrianized high street. Briefly comprising:

Ground Floor
• Café area with tables and chairs for up to 52 covers
• Serving area with chilled display counter, coffee machine, sink unit, 2 x chest freezers, 2 x under counter freezers, commercial refrigerators, stainless steel preparation tables, griddle, 2 x freestanding fryers, 6-burner hob and electric cooker, 2 x commercial microwave ovens, 2 x toasters, dishwasher and sink

First Floor
• Additional café area with tables and chairs for up to 36 covers
• Ladies and gents WCs with wash hand basins

Second Floor
• Storeroom with 3 x chest freezers, 2 x 2-door chillers,
• 2 x offices

External
• Outside seating for up to 6 covers
• Rear yard
• Private parking for 1 vehicle

Tenure
Leasehold
Original length: 8 years
Remaining: 7 years
Review: every 3 years
Rent: £22,000 per annum
   
  FOR SALE
   

REFERENCE:

2989 / RightBiz
   
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