Cafe for sale

Leasehold Independent Coffee Shop (Licensed) Located In Moreton In Marsh

0121 721 6440

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Cafe

0 bed

0 bath

Property description & features

Leasehold
Licensed Coffee Shop
Accommodation Above
Air BnB Income
High Street Location

Leasehold Independent Coffee Shop (Licensed) Located In Moreton In Marsh
Trip Advisor Rating 4.5 & Facebook Rating 5 Star
Accommodation Above
Ref 2883

Location
This delightful Coffee Shop is located in the highly desirable Cotswold tourist hotspot of Moreton in Marsh, Gloucestershire. An area of Outstanding Natural Beauty, the town stands at the crossroads of the Fosse Way Roman road and the A44. Located at the head of the beautiful Evenlode Valley, Moreton in Marsh is a thriving market town with excellent public transport links including a direct link to London by rail. The town dates back over 1000 years to the Saxon era.

Asking Price £89,950 plus SAV (£1500)

Leasehold
New 10 year lease to be granted
Rent: £15,000 pa
Business Rates: zero

Business Description
Veritas Business sales are privileged to offer to the market this quaint Coffee Shop which is located in Moreton In Marsh. The business was established by our clients back in 2016 and is now being offered for sale so that they can enjoy a well deserved retirement.
The property dates back to circa 1650, is grade II listed and since ownership there has been significant investment in the upkeep of the premises to include re-wiring, new signage and the installation of new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Marthas Coffee House is owner operated and employs the help of 1 full time & 3 part time members of staff along with 3 weekend workers and posted an annual turnover for year ending 31st March 2022 of £165,381net of vat with a GP of £104,392 (63%). The menu offers artisan coffee, teas, hot chocolate, milkshakes, soft drinks, All Day Breakfasts, Daily Specials, freshly cut sandwiches , toasties, salads, homemade soups, freshly baked cakes and savoury and traditional scones. All food is freshly prepared to order on site, using only the finest locally sourced produce.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times and opening evenings as a bistro (planning permission already acquired). The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many new tourists and was runner up in Cotswold's Life's ‘Best Café' Competition and has a review in Lonely Planet. This is a superb opportunity to purchase a turnkey business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Opening Hours
Monday - Wednesday - 9.00am - 4.00pm
Thursday - closed
Friday- Sunday - 9.00am - 4.00pm

Ground Floor
Restaurant comprising: tables & chairs to cover (18), feature fireplace with electric fire, understairs storage cupboard, wall mounted storage shelves, sales counter with EPOS till system, cake display containers, espresso coffee machine (La MarZocco), coffee grinder (Anfim), under counter fridge, undercounter drinks fridge, upright cold drinks fridge, stainless steel table with pass, saladette with marble worktop and 2 door undercounter fridge, wall mounted metal shelves, panini press (Lincat), 5 ring electric hob/oven (Licat), ceiling mounted storage racks, toaster, mixer, microwave (Samsung), wall mounted cupboards, dishwasher (JLA), stainless steel wash basin, stainless steel sink with hot water heater (Redring) and various crockery & tea pots.
Hallway with stairs leading to the first floor accommodation.

First floor
Double bedroom with feature fireplace, TV and tea & coffee making facilities.
Bathroom with Shower cubicle, W/C, wash basin and electric water heater.

Second Floor
Storeroom with 2 metal storage units, 2 upright fridges, upright freezer and 2 chest freezers.

The accommodation benefits from electric storage heating and is let on Air BnB basis which generates an additional income of circa £12,000 pa. Alternatively owner operators have the option to live on site.

External
Rear courtyard with seating for (18)
Gents W/C
Ladies W/C
Wash basin to service both toilets

EPC Rating E

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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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