Popular Coffee Shop located in Wokingham, Berkshire

Wokingham, Berkshire
Leasehold Price:
Find more details, or book a viewing:
Advert ID
1247 / RightBiz


Falcon Commercial is delighted to offer for sale this extremely well presented Coffee Shop which occupies a prime trading position on one of the main shopping streets, near the busy Market Square in this popular Berkshire town. It has been under the proud ownership of our client since 2012 during which time they have made considerable investment in an extensive refurbishment of the premises. It is now being placed on the market as the owner wishes to develop other business interests. During our client’s stewardship the business has built up an excellent reputation for its welcoming atmosphere, fantastic coffee & food as well as great service.

Oslar Coffee enjoys a central trading position on a busy shopping thoroughfare with good pedestrian flow. The area is seeing considerable investment and rejuvenation. Local customers and visitors are attracted to the area by the range of businesses on offer. This thriving refurbished business is operated as a daytime Coffee Shop which serves a range of quality coffees, drinks and food that includes paninis, wraps, sandwiches, handmade cakes, pastries and ice cream. All produce is sourced locally wherever possible.

Oslar Coffee is run by our client with help from a dedicated team of staff and generates a turnover in the region of £200,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover possibly by running a modest marketing campaign or by extending the opening hours to include Sundays, earlier in the day or evenings, especially in the summer months.

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 Wokingham. 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. These charming premises provide outstanding and highly functional internal business accommodation which benefit from low energy LED lighting throughout.

The premises briefly comprise:

Ground Floor
•Open plan customer seating area with a range of free standing chairs and free standing tables comfortably seating 50 plus customers in total. Free standing refrigerated display unit. Glass fronted cake display cabinet.
•Ice cream counter.
•Attractive servery with ample work surfaces behind, under counter open storage and refrigerators. There is also a range of well-maintained catering equipment that includes 2 x 2 group Cimbali Coffee Machines, 4 x On Demand Grinders, a Merrychef Oven etc
•Customer toilet suitable for disabled persons as well as containing baby changing facilities.
•Dry store

•1 parking space in a communal service yard

Business Details

Opening Hours
•8.00am – 5.00pm Monday to Friday
•8.30am – 5.30pm Saturday
•Closed Sundays and bank holidays

•£200,000 Per year

Business Rates
Business rates payable: £10,800 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: £3,000

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

Commercial Energy Performance rating: N/A

Potential tenants are advised to make their own enquiries to Wokingham Borough Council, Shute End, Wokingham, Berkshire RG40 1BN

•We are advised that the business comes with the benefit of a secure new lease for 15 years which has 10 years remaining.
•The annual rent payable is £31,000+vat

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

The market town of Wokingham is situated in the Royal County of Berkshire about 30 miles west of London.
Wokingham town centre offers a wide selection of restaurants, cafes and pubs and is ideally located for easy access to its neighbouring towns of Reading and Bracknell.
It is within easy reach of the M4 and M3 motorways, with main line rail access to both Waterloo Station and Gatwick Airport.
Listing Details
Leasehold Price: £114,999
Tenure: Leasehold
Sector: Sandwich Shops, Cafes, Tea Rooms
Annual Turnover: £200,000
Annual Net Profit: Available upon request
Key Features
  • Price Reduced
Street View
Listing Statistics
Impressionsi: Login to view
Enquiriesi: Login to view
Interestedi: Login to view
Watchingi: Login to view
Date Ad Submitted: Login to view
Last Viewedi: Login to view
Last Updatedi: Login to view
Last Enquiry Received: Login to view
Request More Details
Or, arrange a viewing
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Be specific on the type of details you wish to receive from the seller. This, encourages communication with both yourself and the seller and makes the process smoother.
After my message, what's next?
The seller will be notified instantly that you have sent a message. Please note that replies made back are entirely dependable on the seller.
How will I know the seller has replied?
Once the seller has read your message and replied to you. You will be notified immediatley via email. If the seller is using an agency/broker on their behalf, then an agent will be in touch with you either via your contact number or email.

Related Businesses for Sale

Tea Rooms
Take Aways Businesses
Catering Businesses
The data showed regarding this advert 'Popular Coffee Shop located in Wokingham, Berkshire - 1247 / 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.