Restaurant/cafe for sale in Banbury, England, United Kingdom OX16

£50,000
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Restaurant/cafe for sale

Property description

Business
Please quote reference B07891

CoGoGo are delighted to welcome to the market l'Espresso Coffee, a highly rated opportunity in Banbury.

L'Espresso Coffee came under our client's attentive ownership in 2022, establishing an excellent reputation and extremely loyal customer base.

The business now comes to the open market due to our client's desire to explore new ventures.

This admired coffee shop offers an array of delicious sandwiches, homemade mouthwatering foods, sweet treats, smoothies and more. They also offer a takeaway option and provide customers with the option to order online in a simple, fast and convenient way.

L'Espresso provide seating outdoors, to allow customers to enjoy the warm summer breeze, whilst sipping on one of their signature ice cold milkshakes.

There is huge potential to increase the turnover, by extending the opening hours, creating additional dishes for the menu and increasing the advertising and marketing to push the business further.

Location
This business is located in a small historic town of England called Banbury.

Premises
l'Espresso Coffee occupies a single fronted premises, with seating being available outdoors.

Tenure
We are advised the business is being sold on a Leasehold basis, holding a 7 year lease with rent reviews taking place every 3 years. The rent is £700 per month.

Hours
The current trading hours are:

Monday to Sunday - 8:00am to 4:00pm

Staff
We are advised the business is run and managed by our client.

Financial Profile
The advised turnover for 2023 was £5,500 per month. Full financials can be made available upon further request.

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For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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