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Coffee House and Cocktail Bar in Kings Heath, Birmingham

Kings Heath, West Midlands
Leasehold Price:
£180,000
Status
FOR SALE
Advert ID
252335
Reference
coffbarkheathKS / Rightbiz

This is now a very well established concern which enjoys all the considerable commercial advantages of a fantastic trading position among other vibrant outlets in the busy area of Kings Heath, Birmingham.


Operating from well fitted and presented premises, the business currently primarily offers a full and varied inhouse menu of classic hot and cold food, snacks, sandwiches, lunches, side orders, pastries and beverages prepared freshly to order in its fully equipped catering facilities and served in the pleasant surroundings of a comfortable furnished lounge area which may comfortably accommodate up to 60 covers.


There is scope for continued growth, not least with regard to a degree of menu and product expansion, the possible provision of local delivery and outside catering services and to the possible introduction of Morning Breakfasts in order to exploit year-round local demand.


The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of on-line advertising and ordering in order to improve upon the already high levels of turnover and profitability it has achieved since being established in its present form some 4 successful years ago by the current owners and we would strongly recommend the earliest possible viewing to avoid disappointment.

Financial Information
Current turnover in the region of £200,000 per annum with huge scope to increase.

Lease
The premises are being offered with the benefit of a long secure year lease with approximately 4 years of the current term remaining. Alternatively, a new lease may be negotiated

Rent
The current rent stands at approximately £35000 per annum.

Business Rates
We are advised that the Business Rates are £6400 per annum.

Trading Hours
Monday to Friday 11.00am to 11.00pm, Weekend 11.00am to 1.00am

Property Description
Fitted and presented to high trade specifications throughout, these well maintained leasehold premises provide excellent and highly functional internal business accommodation which to the ground floor consists of an inviting glazed double fronted public entrance directly off the main street into a fashionable and welcoming lounge (offering a chilled and relaxing environment), a full range of fashionable  fixed and freestanding display furniture and shelving. Towards the rear is the  kitchen area with extraction system housing ample work surfaces, storage units, fitted sink unit and a full range of appliances.


The main customer service area in turn affords to an attractively furnished and appointed in-house dining area which may comfortably accommodate up to sixty covers, with further ancillary accommodation consisting of all the usual washroom/WC facilities upstairs.  To the exterior, the premises are well signed and presented and afford ample and inviting display window space on to a high footfall metropolitan retail thoroughfare, in addition to an incorporating a good sized private service yard area with separate rear access.

Fixtures & Fittings
The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price

Viewing Arrangements
All arrangements to view are strictly by an appointment through the offices of City Business Brokers  and no approaches whatsoever should be made to the owner or the business.

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Listing Details
Leasehold Price: £180,000
Tenure: Leasehold
Location: Kings Heath, West Midlands
Sector: Tea Rooms, Cafes, Bars
Financials
Annual Turnover: £200,000
Annual Net Profit: Available upon request
Key Features
  • Established Business
  • Town Centre location
  • Fully Fitted
  • Close to Local Amenities
  • High Turnover
  • Prime Location
  • Unique Business
  • Attractive Business
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: coffbarkheathKS / Rightbiz
What's nearby
Within 1 milei:
Bella Venezia (Restaurant)
Papa John's Pizza (Meal Delivery)
Connells Estate Agents in Kings Heath (Real Estate Agency)
Asda Kings Heath Supermarket (Supermarket)
Griffin Electrics Ltd (Electrician)
WHSmith & Kings Heath Post Office (Book Store)
Cash Converters (Finance)
Kitchen Garden Cafe (Cafe)
Kwik Fit Birmingham - Institute Road (Car Repair)
Blinds 4 Choice Ltd (Home Goods Store)
Listing Statistics
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