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Cafe Bar Located In Harborne For Sale

Harborne, West Midlands
Asking Price:
£49,950 Furniture / Fixtures included
Sales Revenue:
£156,000
Cash Flow:
Under £50K

Veritas Business Sales are delighted to offer for sale this outstanding Café Bar which is located in Harborne, Birmingham. The property has been a restaurant of some kind for the past 5 years and has been in the careful hands of my client since October 2017 and is reluctantly being offered for sale due to other pressing business interests requiring their attention. Since ownership they have undertaken considerable refurbishment and continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Scott’s of Harborne is overseen by the owner and employs the help of 1 full time chef & 6 part time members of staff and has an average weekly turnover of circa £3,000. They serve a fine breakfast menu to include, traditional cooked breakfasts, breakfast sandwiches, pancakes and omelettes. The lunchtime menu offers homemade soup of the day, freshly cut sandwiches, wraps and panini’s, salads, burgers and side plates along with a children's menu. All fayre is freshly cooked to order using only the finest ingredients and can be accompanied with specialist coffees, loose leaf teas, soft drinks, beers, wines, spirits and cocktails and enjoyed in a relaxed cosy atmosphere. We believe that there is further potential to increase trade should you wish too by having a more hands on owner operator, expanding the outside catering, opening evenings and Mondays along with putting on more themed evenings. The business has great Google & Facebook reviews and has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a business with further potential which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Property information

Property:

Leasehold

Lease Terms:

Original term: 5 years
Remaining: 3 ½ years
Rent: £18,500 pa
Rates: £1,900

Leasehold Rent:

£18,500 per annum

Location:

This respected Cafe Bar is located in the affluent and vibrant area of Harborne in Birmingham. It sits within a prominent and highly visible trading location on the main High Street opposite Marks & Spencer, is next to The Plough public house and is surrounded by other complementary independent retailers along with high end retailers. Harborne is 3 miles South West of Birmingham City centre and is home to many professionals due to it’s close proximity to The Queen Elizabeth Hospital.

Premises Details:

Ground Floor
Bar & Restaurant comprising: tables & chairs to cover (23), 2 baby high chairs, bar servery with Epos till system (SAM 4S) with cash draw & thermal printer, espresso coffee machine (Expobar), hot water boiler (Lincat) and under counter fridge.
Hallway with storage cupboard.
W/C with wash basin, wall mounted hand dryer, baby change and censored lighting.
Boiler cupboard with CCTV monitor & system.
Commercial kitchen comprising: range (SMEG), griddle (Lincat), panini press (Buffalo), 4 stainless steel work benches, stainless steel double sink, stainless steel wash basin, dishwasher (Class EQ), turbo fan oven (Blue Seal), deep fat fryer (Buffalo), upright fridge (Mondial Elite), Freezer (Polar), Extraction canopy), wall mounted shelving and 2 microwaves.

External
Rear yard with lean to open storage and bin area.
The property benefits from an intruder alarm.

EPC rating B

Energy Performance Rating:
B

Business Operation

Trading hours:

Monday – closed
Tuesday – Saturday – 9.00am – 5.00pm
Sunday – 10.00am – 2.00pm

Years established:
5 years

Other Information

Inventory / Stock value:
£2,000

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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