No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£36,000
Added > 14 days

Restaurant for sale

Leasehold Café & Bistro Located In Nuneaton
EV charger
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Restaurant
0 bed
0 bath

Property description & features

  • Leasehold Cafe & Bistro
  • Licensed
  • Town Centre Location
  • Currently Not Operating

Leasehold Café & Bistro Located In Nuneaton
A3 Consent
Licensed
Ref 2995

Asking Price £36,000

Location
This leasehold Café & Bistro is located in Nuneaton town centre. Situated within a prominent and highly visible trading position on Queens Road which is next to the Ropewalk Shopping Centre. The town offers an array of large retailers, bars and restaurants and is easily accessed by the A444 and is 0.5 mile from Nuneaton Train Station. The town has been awarded £13m which will be spent on the regeneration of Abbey Street which part of the 2.3 hectare development with new leisure facilities, retail space, a food hall and cinema will be created alongside 30 new homes, new office space, education facilities, a hotel and carpark to create a vibrant new destination in the busy town centre where people can eat, meet, drink, shop, live and work.

Business Description
Veritas Business sales are privileged to offer to the market this ‘ready to go' Café & Bistro which is located in Nuneaton. The premises has been a coffee shop and restaurant for many years and is now being offered for sale due to unforeseen personal circumstances.
The sale price includes all equipment along with fixtures & fittings which are all bought and paid for and included within the sale price. The turnover has previously traded at circa £300,000 per annum but is restaurant is currently not trading and no accounting information is being provided.
This is a superb opportunity to purchase a ‘ready to go' restaurant which is a great base to build upon and as such early viewing is highly recommended.

Leasehold
Term: 4 years
Remaining: 3 years
Rent: £15,000 vat pa
Rates: zero

Ground Floor
Restaurant & kitchen comprising: tables and chairs to cover (12), bar area with wine fridge, storage shelves for glassware, bottle rack and draughtmaster system with two (2) taps. Hot water boiler, Breville one-touch coffee house coffee machine, iPad POS system with 2 iPad, 2 printers and 2 charging stations. 2 door fridge with granite worktop and saladette, stainless steel worktop, wall mounted shelving, undercounter freezer (polar), double stainless steel sink drainer with directional hose, handwash stainless steel sink, dry bain-marie with pass and hot food cupboard, combination oven, 2 x industrial microwaves, salamander grill, extraction canopy, cooking unit (4 ring induction hob/ dual deep fat fryer/under counter 3 drawer fridge), wall mounted metal storage and metal storage shelves, metal storage racks down corridor, wall mounted electric storage heater and entrance door heater/fan.

First Floor
Tables and chair to cover (22).
Private dining room.
W/C with washing basin, soap dispenser and hand drier.
The first floor benefits from wall mounted electric storage heaters (x3).

External
Walk-in cold room.
Metal storage shed with tall freezer, storage shelves, spare tables & chairs to cover (12).
The external area is rented for an additional £80 per week.

Additional Items Included (crockery, glassware and kitchen utensils)
Olympia Eiffel Tower Salt/Pepper Shaker x48, Olympia Oil/Vinegar Cruet Jar - includes lids x 12, Olympia double wall wine cooler x 4, Olimpia kids cutlery x 12, Olympia adult cutlery (knife, fork, tablespoon) x 50+, steak knifes x 24, Bolero wooden high chair x 2, Olympia whiteware espresso cups, cutlery tray x 2, Robot Coupe R3 -1500 bowl cutter (3.7 lt), heavy duty buffalo stick blender, stainless steel mixing bowl, various sizes, stainless steel pots and saucepans, various sizes, cast iron skillets, cast steel pans, various sizes, stainless steel pans, colour coded chopping boards + rack, double mesh sieves, chinoise, standard oven Gastronorm, stainless steel Gastronorm containers (1/3, 1/4 1/6, 1/9 ), Stonecast Blueberry triangle chefs plate 12" x 8" x 24, Stonecast Blueberry coupe bowl 7.25" x 24, Stonecast Blueberry evolve coupe bowl 9.75" x 36, Stonecast Blueberry coupe bowl 7.25" x 24, Stonecast Blueberry evolve coupe plate 10.25" x 60, Stonecast Blueberry evolve coupe plate 6.5" x 36, Stonecast Blueberry beverage pots 15OZ x 1 6, Cappuccino cups x 24, profile mugs x 24, white profile tea cup 12Oz x 24, white profile saucer 5" x 12, milk jug x 12, tumblers (8.4oz) x 80, red wine glass 55cl 19 x 48, white wine glass 47cl 16 1/2oz x 48, champagne glass 21.5cl 7 1/2oz x 36.

Places of interest

    Request viewing/info
    Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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    *DISCLAIMER

    Property reference 2995. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on February 9, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on February 9, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.