Charming Worcestershire Cafe Bookshop with Quality License in Upton upon Severn
Upton upon Severn, Worcestershire
- Status
FOR SALE
- Date Submitted:
11/02/22
- Advert ID
290463
- Leasehold: Price on Application (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- Accounts Available
- Unique Business
- Attractive Business
- Close to Local Amenities
- Offers Invited
- Fully Fitted
- Town Centre location
- Established Business
- Central Position in Affluent Village
- Small Business
- Adjacent to Multiple Retailers
- New Lease
- Prime Location
Business Details
Quality Licenced Cafe Bookshop Worcestershire
Charming cafe and bookshop for sale
Henry’s café, bookshop and antiques is a charming café offering freshly prepared home-cooked food using local produce, as well as homemade cakes, coffees and teas. Henry’s has attracted a strong local clientele that supports the business all year round. The shop also comprises a wide collection of good quality, second-hand books and some antiques for sale.
Henry’s has been trading for six years and is fully licenced. It is on the High Street of the popular riverside market town of Upton-upon-Severn. It is in a beautiful old building, which used to be the HSBC Bank. Upton hosts four popular music festivals in the summer months. These attract thousands of regular visitors.
Internally, Henry’s has a well-maintained ground floor and mezzanine areas which offers covers for up to 50 people with some outside seating. It is decorated in a unique art style with lots of cosy corners, Tiffany-style lamps, a gas fireplace with classical music playing softly in the background.
The pre-pandemic yearly turnover of approximately £15,000 is based on 11 months’ trading (January closure) with opening hours 10.00-16.00, six days a week. Its central position in the middle of the High Street of this busy town, offers great potential for expansion. It is ideally suited to transform into a Bistro in the evening as it is fully licenced and will have no competition.
Henry’s also benefits from the small business rates relief making it a relatively inexpensive business to run. Whilst it has been run with a full complement of employees, it would be an ideal opportunity for a family run business. In addition, the building boasts an easily accessible 50 square metre and a full-height basement presently used for storage. The lease is for three years £10,000 for the first year which increased to £12,000 for the remaining two.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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