Retail premises for sale in Walsall, West Midlands WS1

£84,999
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Offers invited
  • Weekly takings £4,500-£5,000 net profit £75k+
  • Superbly presented contemporary interior, 45 plus covers
  • Terrific potential for evening trade, viewing highly recommended

Property description

Reference - 46634

Description
This is a rare and exciting opportunity to purchase an established and well known coffee shop/café and sandwich shop, which occupies a prime trading position in the popular town of Walsall in the West Midlands.

The business is prominently located within the centre of the town and enjoys a very high rate of footfall due to the well populated area of retail premises, commercial outlets and professional organisations.

The business is also located close to one of the towns bus stations, which creates a a high level of commuters and bus drivers who use the business due to ease of access.

Having successfully operated in the town for some time, this highly renowned business has earned a truly enviable reputation for offering the finest coffee, teas and fresh wholesome cuisine with a warm and friendly service in relaxed surroundings.

The business boasts excellent online based reviews and enjoys regular recommendations.

The business offers customers an eat in or take away service, offering a wide range of freshly made sandwiches, cakes, cooked breakfasts, jacket potatoes, as well as a wide selection of hot and cold drinks.

This is a thriving and highly lucrative business, yet still offers genuine scope for future growth and development.

The business represents a terrific investment for an ambitious operative, who can continue to build on the solid foundations that have been laid.

There is potential to open during the evening and introduce a licence to serve wines and bottled beers. This will naturally increase the already impressive weekly sales, whilst ultimately enhancing overall profitability.

To fully appreciate this first class business opportunity, a viewing is highly recommended to avoid disappointment.

Sales
Current weekly shop sales average £4,500- £5,000 approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Saturday
07:00 – 18:00

Sunday
09:00 – 16:00

Staff
The business is managed by the owners with a mixture of full and part time members of staff.

Building External
The business operates from a highly visible end of terraced premises located at the entrance to a busy shopping arcade.

The premises have been extensively renovated and refurbished, comprising a superb open plan dining space, with contemporary décor and furniture, creating a welcoming environment
and deceptively spacious and versatile lock up business accommodation.

Building Internal
The spacious 45 plus cover ground floor seating area is light and airy, with tasteful, attractive, contemporary decor and quality furniture, creating a welcoming and relaxed environment.

The business has seating within the shop but also at the front of the property allowing customers to sit out in the open air or within the arcade itself giving covered seating.

There is a large sandwich and cake display for customers to pick what they require and then pay at the till.

Within the property there is a fully fitted kitchen with a range of well maintained equipment and toilets.

Residential Accommodation
There is no residential accommodation for owners/management available.

Tenure
We are advised that the property is held on a 10 year lease which commenced in 2017. The annual rent is £27,000 exclusive (correct as advised on 10/09/18). Rent reviews are at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is an excellent opportunity to purchase a first class business with a bright future, a viewing is strongly recommended to avoid disappointment.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer 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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