Cafe Sandwich Bar Convenience Store with Accommodation

City of Bristol, Bristol
Freehold Price:
£460,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
210232
Reference
14616H / Rightbiz

Details

LOCATION

Gillian’s café and sandwich bar occupies a busy industrial and residential location, in St George, Bristol, around 3 miles from the city centre.

 

St George is a popular suburban part of Bristol and offers plenty of densely populated residential areas.  The area has good local amenities including pubs, restaurants, convenience stores, schools and day nurseries.

 

The area has excellent public transport and local road links including the M32, M4 and M5 network nearby.

BUSINESS

Hilton Smythe welcomes to the market Gillians.

 

This longstanding family run café, sandwich bar and basic convenience store generates a healthy turnover in the region of £270,000 per annum.  The biggest proportion of this comes from the takeaway side, however the café does offer great potential for future growth.

 

It is very much a lifestyle business only opening Monday to Saturday during the daytime, which suits the vendors. They also close completely for around 5 weeks a year for annual holidays.

 

The dining room is licensed so evening opening would offer much potential for increasing the turnover together with more advertising and a website. It does have a Facebook page with good reviews which can be found at https://www.facebook.com/pages/Gillians-Cafe/157309217621255.

 

There is an extensive list of fixtures and fittings including a fully fitted commercial kitchen and owners’ accommodation.  An internal viewing is highly recommended.

 

The cafe and sandwich bar is very well established and has been run by the current owners for more than 17 years. They are now looking towards a well earnt retirement.

PREMISES & EQUIPMENT

The whole premises offer plenty of space for both living and working.

 

The café and sandwich shop which have their own separate entrances, cover approximately 76 sqm on the ground floor, with 40 covers and comprises café, takeaway shop/convenience store, kitchen, 2 store rooms and his and hers toilets.

 

The small convenience area offers papers, cigarettes and general goods.

 

The accommodation is on the first and second floors consisting of lounge, kitchen, 2 bedrooms, bathroom and separate cloakroom.

 

There is also a terrace garden ideal for BBQ, garden pots etc.

 

An extensive range of fixtures and fittings are also included as follows:-

 

Tables and chairs

Food warmer

4 x chest freezers and 1 upright freezer

4 x fridges

1 x fridge freezer

Drinks chiller

2 x tills

5 ring gas cooking range

4 x microwaves

Tea urn

Display chiller

2 x griddle

Bae marie

1 x double fryer

Meat slicer

8 x chafers with stands for outside catering

 

The property benefits from gas central heating and some double glazing. An internal inspection is highly recommended.

TENURE

We are advised that the business is being sold as a freehold opportunity.

 

According to the VOA website the current rateable value is £7,100, however we are advised by the owners that they benefit from small business rate relief, so have no rates to pay.

 

The council tax band for the apartment is A.

HOURS

The business opens:-

 

Monday to Friday 7:00 a.m. to 4:00 p.m.

Saturday 7.00 a.m. to 1:30 p.m.

Sunday            closed.

STAFF

The business is currently run by the owners and 4 other members of staff.

FINANCIAL PROFILE

The accounting information show a turnover of £269,190 for the year ending 30th April 2016, with a gross profit of around 42% and a very healthy net profit of £42,225.

Listing Details
Freehold Price: £460,000
Tenure: Freehold
Sector: Cafes, Sandwich Shops, Convenience Stores
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