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Birmingham Leasehold Café in Northfield with High Visibility and Strong Reputation

Birmingham, West Midlands

CONFIDENTIAL SALE

  • Status

    UNDER OFFER

  • Date Submitted:

    04/04/24

  • Advert ID

    609261

  • Reference

    2943 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £39,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Leasehold Café Located In Northfield

Leasehold Café Located In Northfield
Staff Operated
Ref 2943

Location
This well established Café is located in the busy residential area of Northfield in Birmingham. Positioned within a prominent and highly visible trading position on the (A38) Bristol Road South. The immediate area has an abundance of large retailers to include Aldi Supermarket, Sainsbury’s Supermarket, McDonald’s, B & M Store and Lloyds Bank to name but a few. All of which bring high levels of footfall to the area. The A38 gives you easy access to Birmingham City centre, Rubery and Rednal. The M42 & M5 motorways and within close proximity which opens up all motorway networks.

Leasehold Asking Price: £39,950 plus SAV (£1,500)

Business Description
Veritas Business Sales are privileged to offer to the market this respected Café which is located in Northfield. The business has been trading since 2006 and has been in the careful hands of the current owner for the past 15 years. He is now offering the business for sale so that he can enjoy a well deserved retirement.
Since ownership there has been continual investment in equipment along with fixtures & 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 be spent for some time. Munch Café is operated by a team of 2 full time and 2 part time members of staff and has an average weekly turnover of £3,500-£4,000. They serve cooked breakfasts, hot sandwiches & baguettes, toasties, paninis, omelettes, lunches, salads, jacket potatoes, freshly cut cold sandwiches, tea, coffees and cold drinks.
We believe that there is potential to increase trade should you wish by extending the current opening times and by joining the online delivery giants. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a fully fitted café where all the hard work has been done, which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Sunday – 08:00 – 13:45

Leasehold
Lease: 20 years (New lease available)
Remaining: 4 ½ years
Rent: £12,000 pa
Reviewed: 5 yearly
Rates: zero

Ground Floor
Café comprising: tables & chairs to cover (40), wall mounted TV, wall mounted menu board, serve over sales counter, cash register, serve over chilled display counter, 2 door drinks fridge (Coca-Cola), 4 x stainless steel tables, microwave (Whirlpool), wall mounted knife rack, 2 x 4 slice toasters (Dualit), wall mounted paper towel dispenser, undercounter fridge (Blizzard), coffee machine (Expobar), coffee grinder (Iberital), hot water boiler (Parry), 4 pot wet bain-marie (Lincat), extraction canopy, hot food cupboard, 2 x griddles (Lincat), dual deep fat fryer (Lincat), 2 ring electric hob (Parry), stainless steel trolley, stainless steel table with tin opener, upright fridge (Kenwood) and rear exit door.
Pot wash room with stainless steel table, stainless steel sink, chest freezer (Indesit), combination boiler (Worcester Bosch), 2 x wall mounted metal shelves and staff lockers.

External
Rear yard with bin area and outside W/C with wash basin. Frontage with off road parking for (2)

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THIS BUSINESS IS NOW UNDER OFFER

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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