Billericay Full A3 Cafe Sandwich Bar & Deli For Sale

Business description

LOCATION & SITUATION:
We are favoured with instructions, as the Vendor’s SOLE AGENT, to offer for sale this magnificent CAFÉ / SANDWICH BAR / DELI, which is situated in a High Street position of this Mid Essex Town which is one of the most sought after trading locations within Essex. The town is well known for its prosperity and this magnificent Café is situated in a High Street which is adorned by many Wine Bars and Restaurants. Therefore, this Café / Sandwich Bar is situated in the ideal location. The High Street is made up of many offices and other businesses, all requiring food at lunchtime.

PREMISES:
The business trades from a superbly equipped Café, which is part of a terrace. The Café has seating for 30 plus people and has an open style kitchen which is fully fitted to trade.

TENURE:
The property has been held on a secure lease, of which there is only six months remaining. However, we are informed by our Vendor client the Landlord has every wish to issue a new lease to any interested party. The current rent is some £12,500 per annum.

TURNOVER:
We understand from the Vendor the turnover is currently some £3,000 per week and working on the usual gross profit margin achieved for quality catering establishments. However, we are sure the Vendor will speak with any interested applicant regarding ways of increasing the turnover. The business currently closes at 5 pm. However, the High Street is very vibrant every evening and weekend. In addition the Café is closed Sunday and again the Continental style of Café with al fresco dining in the summer would indeed be very popular.

PRICE:
We are instructed by the Vendor to offer this highly lucrative business for sale at a price of £79,995 to include the benefit of a new lease, abundance of goodwill and the many quality fixtures and fittings.

AGENTS NOTE:
This Sandwich Bar / Café with full A3 use is a ‘must be seen’ business, even the most discerning purchaser could not fail to be impressed with the quality of this business.