High Footfall Cafe for Sale in Shrewsbury Town Centre Due to Retirement
Shrewsbury, Shropshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
01/04/24
- Advert ID
609044
- Asking Price: £20,000
- Turnover: £183,000 (£3,519 Per week)
- Net Profit: On request
Key Features
- Accounts Available
- Established Business
- High Turnover
- Offers Invited
- Retirement Sale
- Small Business
- Free of Tie Leasehold
- Town Centre location
- Open Plan Trading Area
- Close to Local Amenities
- Attractive Business
- Fully Fitted
Business Details
Beautiful cafe in Shrewsbury town centre with high footfall
Stunning and cool cafe reluctantly being sold due to retirement. Cafe 34 is an established cafe on Castle Street, Shrewsbury with high footfall. The train station is a few mins walk and the park and ride bus stop is positioned immediately outside the cafe.
The cafe is linked to the fabulous Dutch Living furniture shop and all the furniture and accessories are supplied by them.
The turnover last year was £183k with the cafe being open six days a week and the potential to open on Sundays.
The sale of the cafe will include everything and the option to TUPE the fabulous team that work there will be available.
There is no lease on the business meaning you would not be committed for years. The rent agreement is between the cafe and the furniture shop, who are currently expanding their business into the basement..
The rent is £1350 which includes electricity and business rates.
This lovely cafe is an ideal business for someone starting out in hospitality and after the sale has been completed, the current owner will happily spend two weeks with the new owners showing them the ropes.
The sale of this cafe is confidential so we politely ask that you are discreet when visiting the cafe.
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Advert pending deletion
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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