Request more details about this business » REQUEST FULL DETAILS »
Sunday 22nd of Oct 2017 - My Account - Register - Brokers - Bookmark RightBiz

Popular Cafe And Takeaway Located In The Centre Of Dudley Premium Advert

Download advert as PDFSave to Favourites
Print this page
Interested in this business?
Further Details
Reference1246 / RightBiz
Advert ID191615
LocationDudley, West Midlands
SectorCafes, Tea Rooms, Sandwich Shops
Leasehold Price£59,500
Annual Turnover£150,000
Advert Statistics
The view statistic is how much people have viewed this advent's page.
The impression statistic is how much people have viewed this advert on the search page.
Total Enquiries
The total enquiries statistic displays how many people in total have made enquiries to the advert.
Interested (%)
The percentage rate of how many users that are interested in this business for sale.
This figure shows the amount of people that are interested in this business for sale.
Last Viewed
The last viewed statistic was when the last person has viewed this advert.
Last Updated
The last updated statistic is the last time the owner of this advert updated its details.
Last Enquiry Made
Date Ad Submitted
Falcon Commercial is delighted to offer for sale this well presented Cafe which occupies a prime trading position on one of the main shopping streets that runs through Dudley town centre. It has been under the proud ownership of our clients since 2011 during which time they have made considerable investment in improving and refurbishing the premises. It is now reluctantly being placed on the market as the owners wish to develop other business interests. During our clients stewardship the business has built up an excellent reputation for its welcoming atmosphere, fantastic food and great service.

Gala Coffee Lounge enjoys a central trading position on a busy shopping thoroughfare with good pedestrian flow. Local customers are attracted to the area by the range of businesses on offer that include both independently operated and multiple businesses. This thriving business is operated as a daytime cafe which serves a range of easily prepared drinks and food with all hot food being freshly cooked to order. It is considered the premises are suitable for all types of cuisine.

Gala Coffee Lounge is run by our clients with help from a dedicated team of part time staff and generates a turnover in the region of £150,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover possibly running a modest marketing campaign or by extending the opening hours to include Sundays.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended

The Premises
Substantial and well maintained leasehold building, benefiting from being in a highly visible position on one of the main roads that runs through Dudley. It is surrounded by an excellent mix of complimentary independent owned and multiple businesses.
The premises have been well maintained and are fitted and presented to high trade specifications throughout. The premises provide outstanding and highly functional internal business accommodation.
The premises briefly comprise:

Ground Floor
•Open plan customer seating area with a range of high backed chairs and tables. Tiled floors as well as an attractive servery with ample work surfaces behind, under counter open storage and refrigerators for drinks behind.
•kitchen area with extraction containing a good selection of well-maintained catering equipment.
•Customer toilets

Business Details

Opening Hours
•7.00am – 3.30pm Monday - Friday
•8.00am – 3.30pm Saturday
•Closed Sunday

•£150,000 Per year

Business Rates
Business rates payable: £7000 per year
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

The business stock value is: £2,000

The business is run by the proprietor with help from a dedicated team of part time staff who work on an agreed rota basis.

Commercial Energy Performance rating: TBC

Potential tenants are advised to make their own enquiries to The Planning Department, 4 Ednam Road, Dudley DY1 1HL

•We are advised that the business comes with the benefit of a secure new lease for 15 years and has 7 years remaining.
•The annual rent payable is £17,500

Legal Costs
Each Party to bear their own legal costs incurred in the transaction.

Accounts will be provided to genuine purchasers after a formal viewing

Strictly by appointment with the vendor’s agents, Falcon Commercial, 1 Miltons Yard Axminster EX13 5FE on 01297 598080

Dudley is a large town in the West Midlands of England, 6 miles (9.7 km) south-east of Wolverhampton and 10.5 miles (16.9 km) north-west of Birmingham. The town is the administrative centre of the Metropolitan Borough of Dudley and in 2011 had a population of 79,379. The Metropolitan Borough, which includes the towns of Stourbridge and Halesowen, had a population of 312,900. Dudley is sometimes called the capital of the Black Country.
Originally a market town, Dudley was one of the birthplaces of the Industrial Revolution and grew into an industrial centre in the 19th century with its iron, coal, and limestone industries before their decline and the relocation of its commercial centre to the nearby Merry Hill Shopping Centre in the 1980s. Tourist attractions include Dudley Zoo, Dudley Castle, the Black Country Living Museum and the historic marketplace
Request further information on this business for sale
You must have JavaScript enabled to view the interactive Map and Streetview
Request more information or contact seller
Share Advert
The data showed regarding this advert 'Popular Cafe And Takeaway Located In The Centre Of Dudley - 1246 / 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.