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Very busy Town Centre Cafe Restaurant: Watford

Watford, Hertfordshire
Asking Price:
£300,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
238300
Reference
R33864B / Rightbiz

Details

Award winning coffee shop and cafe / restaurant
Rated in the top 10 Trip Advisor locally
Prime High Street location
104 Covers (inside and outside)
New 20 year lease
Rent £44,000 per annum
Rates £1,420 per month
Weekly takings £12,000 excluding VAT

Everett Masson and Furby are delighted to present to the market a very business cafe / restaurant located in a prime position on Watford High Street.

The business was established some 12 years ago by an experienced and successful restaurant owning family and is being reluctantly sold as a corporate disposal in order to release funds for a different business operation.

The concept of the business is that it operates as a cafe and coffee shop from 7:00 am to 3:00 pm, serving hot and cold meals from a simple menu. After 3:00pm the business is transformed to a family / casual restaurant with a completely different menu.

Over the years the business has built up a good name locally and this is reflected in the current position of number 7 out of 200 Watford restaurants on Trip Advisor. More recognition has also recently been received as the restaurant was the recipient of a top award in the Watford BID Service Excellence Aards 2019.

Early viewing is highly recommended. Please note that under no circumstances may applicants view without an appointment through sole agents Everett, Masson and Furby.

Offers are sought in excess of £300,000 for the leasehold business, goodwill, fixtures and fittings etc. Note that the buyers will not consider offers below the asking price.





VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01908 904555.
Seller Details
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Listing Details
Asking Price: £300,000
Location: Watford, Hertfordshire
Sector: Cafes, Restaurants
Financials
Annual Turnover: £624,000
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