Buy a Leasehold Cafe And Sandwich Bar For Sale business for sale in Newbury on BusinessesForSale.com

  • Advert ID: 534213
  • (Seller ref: 8842)

Leasehold Cafe And Sandwich Bar For Sale


Price Reduced

Location:
Category:

Listed by:

Asking price:
£190,000
Sales revenue:
£288,000
Net profit:
Available on request


We are delighted to place onto the market Munchies, a very successful, independently run cafe. Our clients established the business over 20 years ago, initially as a Don Miller franchise, and for the last 4 years as a cafe. The bakery side of the business has currently ceased but could easily be resurrected. At present the products offered are limited for ease of operation and to suit our client's lifestyle. Recently the business has won a gold award, 5 star rating from the local authority and is very well known with a large following. The business is run with the aid of 10 part-time and casual staff. This is a high quality, award winning concern with the potential to make huge profits.


Property:
Leasehold
Lease terms:
Leasehold.
Original: 10 years
Remaining: 6 years
Review: 5 years
Rent: £31,000 per annum
Living accommodation:
PROPERTY DETAILS GROUND FLOOR Open plan retail area 32 covers Service counter area Fully equipped with 3 fridgefreezers, wrapping machine, microwave, dishwasher, 2 chiller cabinets and preparation tables FIRST FLOOR Storage area Office Preparation area with bakery equipment Staffroom Toilets Loading area EXTERNAL Outside loading area
Location:
Munchies is located within the prestigious Kennet Shopping Centre in the town centre of Newbury, Berkshire. The centre enjoys excellent footflow and contains many household retail outlets including TK Maxx. It is an ideal site for this type of concern. There is ample parking close by and the main high street is only a few yards away and the train station, with links to Paddington, is just 10 minutes away. Newbury itself is well located with the M4 motorway and the A34 to Oxford and the south.

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