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Cafe

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0121 721 6440

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Cafe

0 bed

0 bath

Property description & features

Established Business
A3 Consent
Two Bedroom Accommodation Above
Only Operates 16.5 Hours Per Week
Further Potential
Genuine Retirement Sale
Fully Fitted
Prominent Main Road Location
5 * Food Hygiene Rating

Established Leasehold Café Located In Lye
Two Bedroom Accommodation Above
Operates Only 16.5 Hours Per Week
5* Food Hygiene Rating
Ref 2629

Location
This established Café is located in village of Lye near Stourbridge. Situated within a prominent and highly visible trading position on the main (A4036) Dudley Road, which stetches from Hagley to Dudley and passes the Merry Hill Shopping centre. The immediate area has plenty of businesses and industry along with residential properties. Stourbridge town centre is (2 miles) and you have easy access to the M5 motorway which opens up all major motorway networks.

Asking Price: £29,950 plus SAV (£500)

Business Description
Veritas Business sales are delighted to offer for sale this respected Café which is located in Lye. The business has been established since the 1960's and has been in the careful hands of our clients for the past 10 years. Reluctantly the café is now being offered for sale so that he can enjoy a well deserved retirement.
Since ownership they have continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which means any new purchaser will not need to spend any additional funds for some time. The Café is owner operated with the help of 2 part time members of staff and has an average weekly turnover of £1,200. They serve a fine range of traditional cooked breakfasts, hot & cold sandwiches, toasties, lunchtime specials, jacket potatoes, omelettes, chips and hot & cold drinks. By choice approximately 90% of the turnover is delivered out via the online portals Uber Eats & Just Eat with the remaining 10% from walk-in trade.
We believe that there is further potential to increase trade should you wish to by extending upon the current opening times (which are short through choice) and promoting the eat in customers back into the restaurant. The business enjoys 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 an established business which is a great base to build upon and as such early viewing is highly recommended as this is one not to be missed.

Opening Hours
Monday & Tuesday - closed
Wednesday - 9:00am - 11:30am
Thursday - Sunday - 8:00am - 11:30am

Leasehold
Original term: 15 years (Renewable)
Remaining: 5 years Rent: £12,000 pa Rates: zero

Ground Floor
Café comprising: tables & chairs to cover (20), sofa, sales counter with chilled display cabinet (Polar), hot water boiler, wall mounted TV (Bush), 2 wall mounted menu blackboards, ceiling mounted menu board and radio. Kitchen comprising: cash register (Sharp), commercial microwave (Merry Chef), commercial microwave (Amana), three stainless steel tables, upright fridge (Beko), stainless steel sink drainer, 2 stainless steel wash basins, 4 wall mounted shelves, stainless steel worktop with 10 pot wet bain-marie, 4 pot dry bain-marie and 2 warming cupboards below, 2 wall mounted knife sets, extraction canopy, gas griddle, 4 burner range, dual deep fat fryer (Pitco), combination boiler (Vaillant) and 2 stainless steel fridges (Electrolux).

Accommodation
Ground Floor
Door leading into kitchen.
Lounge with combination boiler (Ariston).
Bathroom with shower cubicle, W/C and wash basin.
Hallway with stairs to first floor.
First Floor
Double bedroom
Lounge

The property benefits from UPVC double glazing and gas fired central heating. The flat can be sub-let.

External
Rear gated yard with parking for (2). Covered yard area for external seating. Block built store room. Block built W/C with wash basin. Block built storeroom with chest freezer, upright fridge (Electrolux) and shelving unit.
Self-contained door leading to the accommodation.

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Places of interest

Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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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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Property reference 2629. 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.

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