Traditional English Café in Hampshire *Offers Invited*

Highfield, Hampshire
REF: R07583

Asking Price:
£31,000
Annual Turnover:
£63,015
Annual Net Profit:
£12,396
Recently Sold
REF: R07583
Photo of Traditional English Café in Hampshire *Offers Invited*
Photo of Traditional English Café in Hampshire *Offers Invited*
Photo of Traditional English Café in Hampshire *Offers Invited*
Photo of Traditional English Café in Hampshire *Offers Invited*

Overview

Tenure:
Leasehold
Established:
2010
  • Excellent Reputation
  • Very Loyal Customer Base
  • Low Overheads
  • Huge growth potential

Operating for over 38 years and under current ownership since 2010, this traditional English café has been serving a range of favourite full English breakfasts, even offering a food challenge to draw in customers.
 
The café benefits from a loyal customer base and ideal position within a developing residential area, which have contributed to its strong financial profile year on year.
 
A new owner could easily transition into this business and continue trading effectively.

The café itself is situated on a busy high street and is surrounded by new build flats, as well as those currently under construction. The cafe can accommodate up to 20 covers, with a spacious dining area with tables and chairs to the front and a fully-equipped kitchen and toilet to the rear.
 
The café is complete with a new extraction system, 3 fryers, a griddle, fridge, drinks fridge and hotplate, as well as a website, all of which are included in the sale.

A perfect acquisition for an owner-operator of a café looking to grow their portfolio, or a first-time buyer looking for a strong local business which benefits from an influx of regular custom, a new owner could grow the business as they see fit.

Extending the opening hours into the evening/afternoon and expanding its menu to include more lunch/dinner options would easily attract customers back during these times. Offering a delivery and takeaway service would also help increase takings.

The current owner is happy to stay on for a transitional period to hand the business over smoothly.

Features

Online Presence

Location

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  • High Street Location

Property

Annual Rent
£4,200
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

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