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Licensed (leasehold) Cafe Bar & Restaurant Located In Droitwich Spa

Droitwich Spa, Worcestershire
Leasehold Price:
£44,950
Status
FOR SALE
Advert ID
241322
Reference
2352 / Rightbiz

Licensed Independent Café Bar & Restaurant Located In Droitwich Spa
Ref 2352
Location
This respected Café Bar & Restaurant is located in the highly desirable market town of Droitwich Spa. The property is positioned within a prominent and highly visible town centre location and is surrounded by complementary businesses and large retail operators. Within close proximity you have the Library, Droitwich hospital, Droitwich Lido and free short stay parking directly outside. Droitwich spa is easily accessed via the A38 and M5 motorway network. 

Asking Price: £44,950 plus SAV (£600)
Turnover: £2500 per week

Leasehold
Original term: 10 years
Remaining: 2 years
Rent: £22,500 VAT pa
Business Rates: £5,237

Business Description 
Veritas Business sales are privileged to offer to the market this delightful Café Bar & Restaurant which is located in the highly desirable town of Droitwich Spa. The business was established by my clients back in 2011 and is reluctantly being offered for sale due to their desire to relocate.                                                                                                                                                                      Since ownership they have created what you see today and refurbished, refitted and invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for any new purchaser as additional funds will not need to spent for some time. Park’s Cafe is an independent, owner operated café that operates with the help of 2 part time members of staff and 3 Saturday helpers and has an average weekly turnover of circa £2,500 . They serve a breakfast menu along with a fine rang of panini’s, freshly cut sandwiches, salads, jacket potatoes, house favourites, daily specials, specialist teas, coffees and desserts. They have the benefit of a premises licence and also serve beers, wines, spirits and soft drinks. All fayre is freshly prepared on site to order using only the finest local produce. Predominantly this is a daytime operation but they do have occasional evening events such a live music, gin nights, cheese & wine and supper clubs. On the walls you will see a range of fine art work from local artists which can be purchased.                                                                                                                                                                              We believe that there is further potential to increase trade should you wish to by operating more evening events. The cafe already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed. 
 
Opening Hours
Monday – Sunday – 9.00am – 4.00pm
Sunday – closed

Ground Floor
Café comprising: tables & chairs to cover (28), 2 leather sofas to seat (6), sales counter with electronic cash register (Sharp), espresso coffee machine (Fracino), coffee grinder, under counter bottle fridges x 2, stainless steel sink, wash basin, stainless steel work top with shelving underneath, wall mounted soap dispenser, wall mounted paper towel holder and wall mounted menu boards.                                                                                                                Ladies/Disabled W/C with wash basin and baby change.                                                                                                                                                                                                Gents W/C with wash basin.                                                                                                                                         Commercial kitchen comprising: 6 burner range, extraction canopy, grill (Falcon), 2 x commercial microwaves (Buffalo), dual deep fat fryer, hot cupboard with pass, 2 door under counter fridge with stainless steel worktop, 2 x upright fridges (Gram), upright freezer (Gram), dual panini press (Pantheon) and metal storage racking. Washup area with stainless steel double sink drainer, stainless steel single sink drainer, wash basin, dishwasher (Halcyon), metal storage racking, boiler cupboard, wall mounted soap dispenser and wall mounter paper towel holder. 

External
Front/side patio area with tables & chairs to cover (12) and disabled ramp.                                                                                                                       Rear garden/yard with bin area and brick built storeroom to include a chest freezer, small chest freezer and storage racking. 

Listing Details
Leasehold Price: £44,950
Tenure: Leasehold
Location: Droitwich Spa, Worcestershire
Sector: Cafes, Bars, Restaurants
Financials
Annual Turnover: £120,000
Annual Net Profit: Available upon request
Key Features
  • Accounts Available
  • Fully Fitted
  • Town Centre location
  • Close to Local Amenities
  • Prime Location
  • Attractive Business
  • Adjacent to Multiple Retailers
  • Trade Gardens Available
  • Established Business
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 2352 / Rightbiz
What's nearby
Within 1 milei:
The Car Lot Worcestershire (Car Dealer)
Bluebells Florist & Gifts (Florist)
David Neville Ltd (Furniture Store)
Vishali Restaurant (Restaurant)
Tony Hair Studio (Hair Care)
Saab Specialists (Car Repair)
Droitwich Liquor Smart (Liquor Store)
SN Financial Services Ltd (Finance)
The Pamper Pot (Beauty Salon)
Bromsgrove Road (Health)
Listing Statistics
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