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Town Centre 65 Seater Cafe/ Restaurant In Trowbridge For Sale

Trowbridge, Wiltshire, UK
Asking Price:
Under £50K Furniture / Fixtures included
Sales Revenue:
£197,283
Cash Flow:
Under £50K

It is with sadness we are putting our Cafe/Restaurant on the market. We bought the restaurant May 2019 and after a month of renovations opened last June 2019. We have been building the reputation since opening, operating 6 days per week from 10am, closed on Sunday's. We have a solid trade of Breakfast's, Lunch's and hot drinks throughout the day and have been building up our evening trade. Unfortunately COVID-19 has pushed us to the limit and we have decided our best option is to put the business up for sale.

Please get in touch if you would like any more information or to arrange a viewing.

Property Information

Property:

Leasehold

Leasehold Type:
Existing
Lease Terms:

Renewable lease running to 2031 held within Landlord & Tenant Act 1954. Review dates in 2021 & 2027.

Leasehold Rent:

£25,000 per annum

Location:

Prime high street location

Premises Details:

Bar Area with 6 Bar Stools. Tables surrounding bar to seat 14 people. Main Restaurant area with Seating for upto 30, further Restaurant area with seating for a further 20 people. Toilets consist of 2 unisex cubicles.

Business Operation

Expansion Potential:

Potential to open on earlier than 10am for hot drinks. Opportunity to open on Sunday's especially to do a Roast Dinner. Takeaway trade could be explored.

Competition / Market:

There are limited restaurant's in Trowbridge town centre. Other than ourselves there are a couple of Indian Restaurants, Italian Restaurants and the likes of Frankie & Benny's, Prezzo, Wagamama & Nando's.

Reasons for selling:

Covid-19 affects on our finances.

Trading hours:

Monday 10am-3pm
Tuesday 10am-10pm
Wednesday 10am-10pm
Thursday 10am-10pm
Friday 10am-11pm
Saturday 10am-11pm
Sunday Closed

Employees:
5
Years established:
2019

Other Information

Furniture / Fixtures value:
£39,950 - included in the asking price
Website:
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Related Documents:

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