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Licensed Cafe In Lichfield For Sale

Lichfield, Staffordshire, UK
Asking Price:
£125,000
Sales Revenue:
£260,000
Cash Flow:
£50K - £100K

Quality established licensed café for sale located in Lichfield town centre operating from ground floor premise briefly comprising café area with seating for 35 inside and with outside seating to the front for 24. Open plan fully fitted and equipped kitchen with further rear kitchen store room and WC. Outside to the rear yard with store room. The property is secured on a 10 year lease from March 2017 with a rent of £22,800 per annum inclusive of VAT. Gross takings average £5,000 per week with a gross profit yield in the region of 70% plus income from Uber Eats of around £500 net per week. The licensed café sells all day breakfasts soup and sandwiches salads classic meals and hot and cold drinks. Operating hours 9.00am to 3.00pm Tuesday to Friday 9.00am to 3.00pm Saturday and 10.00am to 3.00pm Sunday. The business is reluctantly being sold by the owner to spend more time with her family. Great opportunity to purchase a high turnover café superbly fitted and equipped to a very high standard.

Property Information

Property:

Leasehold

Lease Terms:

10 year lease from 2017

Leasehold Rent:

£22,800 per annum

Location:

Superbly located in Lichfield Town centre close to many other cafes bars and restaurants

Premises Details:

café area with seating for 35 inside and with outside seating to the front for 24. Open plan fully fitted and equipped kitchen with further rear kitchen store room and WC. Outside to the rear yard with store room.

Size in square feet:
765
Planning Consent:

A3 Cafe & Restaurant use

Business Operation

Reasons for selling:

The owner wishes to spend time with her young children

Trading hours:

9.00am to 3.00pm Tuesday to Friday, 9.00am to 3.00pm Saturday & 10.00am to 3.00pm

Employees:
2 x chefs plus 3 part time staff

Other Information

Financing available:

Hurdley & Co can introduce you to various business brokers depending on your circumstances. We have built up a good relationship over many years and have every confidence in them to provide you with a first class professional service please telephone for contact details.

Contact Hurdley & Co

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