Reference - 46634
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.
Current weekly shop sales average £4,500- £5,000 approximately.
Current records and accounts can be inspected when viewing.
Monday – Saturday
07:00 – 18:00
09:00 – 16:00
The business is managed by the owners with a mixture of full and part time members of staff.
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.
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.
There is no residential accommodation for owners/management available.
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.
This is an excellent opportunity to purchase a first class business with a bright future, a viewing is strongly recommended to avoid disappointment.