Traditional Cafe In Birmingham West Midlands For Sale

Business description

Traditional well established café business operating for the last 30 years with sales averaging £900 per week with a 70% gross profit yield. The café has 24 covers inside and further seating to the outside on the front forecourt which also is useful for parking cars. There is a fully fitted and equipped kitchen and WC with the premise secured on a 10 year lease with a rent of £5,875 per annum inclusive of building insurance. The café sells all day breakfasts hot and cold sandwiches and drinks and some lunches operating 8.00am to 2.00pm Monday to Friday and 8.00am to 1.00pm Saturday. There is a 10p fruit machine that brings in extra income and more houses are being built locally.

Property information

Property:

Leasehold

Lease terms:

10 year lease from 2004

Leasehold rent:

£5,875 per annum

Location:

The business is located on a busy link road in Northfield south west of Birmingham in a densely populated area

Premises details:

Ground floor cafe area with seating for 24 with rear kitchen and outside WC and to the front forecourt used for extra seating and parking of vehicles.

Business Operation

Trading hours:

8.00am to 2.00pm Monday to Friday and 8.00am to 1.00pm Saturday

Employees:

Operated by the owner with two part time ladies

Years established:

Over 30 years

Other information

Financing available:

We can introduce you to various business brokers or banks depending on your circumstances. We now have a qualified commercial broker with us able to offer finance from prime lenders at reasonable interest rates.