Leasehold Cafe & Diner For Sale

Business description

We are delighted to present to the market this extremely well established leasehold cafe, which was established in the early 1990s. Our client purchased the business in 2003 and has since modernised it to the high standard it enjoys today. The majority of the catering equipment has been replaced within the last two years, while the dishwasher is currently on a purchase contract. The cafe boasts sixteen covers and a separate counter for takeaway orders, which is particularly useful throughout the station's busy commuter rush each day. Our clients have recently negotiated a new 10 year lease with First Great Western Ltd and pay a rent of just £154 per week. Current sales achieve an impressive £2,300 per week with a GP of approximately 40%. Our clients have reorganised and improved the premises to allow any new owner to walk straight in and carry on trading. Early viewing is highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original Length: 10 years
Remaining 10 years
Review: every 3 years
Rent: £154 per week

Location:

Tubbies Diner occupies a highly visible trading position within the station complex at Henley-on-Thames Railway Station. The business benefits from being within close proxity to many of the local offices and businesses within Henley. First Great Western operate the branch line between Henley and Twyford Mainline Station, which provides easy access to London Paddington and Reading. There is additional benefit from a large commuter car park, as well as being in close proximity to Townlands Hospital. Henley is an extremely affluent area, and ideally situated close to Reading. The A404 links to the M4 and M25 motorways.

Other information

Trading hours:

Mon - Fri: 7.00am to 2.00pm Sat: 8.00am to 12.30pm Sun: Closed