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High Class Café, Coffee Bar, Tapas Restaurant in Wolverhampton City Centre

Wolverhampton, West Midlands
Leasehold Price:
£39,500
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
221090
Reference
C33497K / Rightbiz

Details

Superbly Presented and Equipped Business

Taking Over £1,500 per week, Potential for Much More

High Gross Profits

Leasehold Price £39,500

A superbly presented and long established business with an enviable local reputation based in Wolverhampton City centre.



Description and Trade:

Established in 2006, this is a Mediterranean tapas restaurant, cafe and coffee bar located right at the heart of Wolverhampton's city centre.

The menu offers a large variety of food, a little something for every taste - over 43 Mediterranean dishes, coming from 8 beautiful exotic countries: Italy, Spain, Greece, France, Egypt, Turkey, Cyprus and Mexico.

Customers are invited to bring their own alcohol as the business is currently unlicensed.

Premises:

The split level Dining Area (around 450 sq. ft) is superbly fitted and equipped, and has tables and seating for around 28 diners.

Well- equipped Kitchen/ Preparation Room.

Attractive rear covered Courtyard Dining Area (around 300 sq. ft.) with tables & seating and log burner stove; Storage Room and w.c.

Tables and seating are placed on the front pavement when weather permits.

There is a comprehensive inventory of equipment included in the sale: serving counter, coffee machine, chilled drinks cabinet, kitchen with stainless steel and laminated surfaces, electric cooker & hob, deep fryer, dishwasher, grill, microwave ovens, fridge & freezer equipment and other ancillary equipment for the trade.

A full inventory of equipment will be provided when a sale has been confirmed.

Accommodation:

There is no living accommodation.

Comments:

This is a rare opportunity to acquire a successfully operated business with an excellent local reputation.

A locally well-known business with numerous regular clients, and enjoys a good trading location in Wolverhampton city centre.

This Business is open for trade for only five days each week, so lots of potential exists to increase sales and profits.

Since 2012 it has been awarded with the Certificate of Excellence by tripadvisor.com.

Viewing is Highly Recommended.



Our Client Informs Us That:

Takings and Profitability:

The Business is taking around £1,500 per week, with the usual High Gross Profits associated with the trade. But this in no way reflects the potential that exists here. In the right hands this Business is capable of so much more.

Trading Hours:

9.30am – 3.00pm Tuesday, Wednesday, Friday.

9.30am – 3.00pm and 6.00pm – 11.30pm Friday & Saturday.

Closed Sunday & Monday.

Staff:

The Business is operated by a husband & wife team with the help of one part-time assistant plus casual staff when required.

Tenure:

The premises are held on a lease. Present Rent Payable is £9,000 per annum.

Price:

£39,500 plus stock at valuation for the Lease, Business, Fixtures, Fittings and Equipment.

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01543 411036.
Seller Details
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Listing Details
Leasehold Price: £39,500
Tenure: Leasehold
Sector: Cafes, Bistros
Financials
Annual Turnover: £78,000
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