Extremely Popular Café & Bar for Sale in East Grinstead

East Grinstead, West Sussex
REF: INT2032

Asking Price:
£95,000
Annual Turnover:
£312,000
Annual Net Profit:
TBC
REF: INT2032
Photo of Extremely Popular Café & Bar for Sale in East Grinstead
Photo of Extremely Popular Café & Bar for Sale in East Grinstead
Photo of Extremely Popular Café & Bar for Sale in East Grinstead
Photo of Extremely Popular Café & Bar for Sale in East Grinstead

Overview

Tenure:
Leasehold
Established:
2021
  • Friendly & Professional Team
  • Huge Growth Potential
  • Recently Refurbished
  • Well Equipped Business

This is a brilliant opportunity to acquire a town centre café/bar/restaurant from a central location in East Grinstead.

First established in 2021, even in this short time they have built up a base of loyal, regular customers across the local area.

The business offers a wide and varied menu, serving food across breakfast, lunch and dinner. Their main offering comprises of a range of coffee and cakes during the day, followed by dinner and cocktails in the evening. Another popular option for customers is their exciting 'Bottomless Brunch'.

The prominent, central location ensures there is always ample footfall and passing trade, meaning the cafe is always a hot spot of activity. This business also benefits from very little competition in surrounding areas.

Offered on a leasehold basis.

The business is located in a brilliant part of the affluent East Grinstead, with high street premises that have recently undergone a £100,000 refurbishment.

They have 70 covers, with a mix of tables, 4 x bays (sitting 7 people per bay), and bar stools. Furthermore, the bar is on the left of the property, with the kitchen being at the rear together with mens, ladies and accessible toilets. The café also benefits from a ground-floor cellar and storage area.

The café is very secure, with the front of the premises having bi-fold windows, air conditioning, CCTV and fire alarms.

The potential growth for this café is brilliant as it already benefits from a regular customer base, brilliant location and high footfall.

Focussing on social media and building a website could potentially grow this business further, reaching more customers.

The current vendor has set up online delivery platforms, however, could not commit to them therefore, a delivery service and outside catering may be highly beneficial to a potential new owner.

Features

Key Information

  • Number of Covers: 70
  • Hygiene Rating: 4

Reputation

  • Google: 4.5
  • TripAdvisor: Very Good

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Location

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  • High Street Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£24,000
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Year)
2024
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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