Restaurant/cafe for sale in Market Road, Chelmsford CM1

We present to you an exceptional opportunity to acquire a well-established sandwich bar and coffee shop nestled in the heart of Chelmsford's bustling high street. Boasting a loyal customer base and a prime location, this business is ripe for continued success and growth. With 17-years of operation, the business has built a solid reputation for serving quality coffee, and freshly made sandwiches. The business has achieved a 5-star food hygiene rating. The brand is well-known and beloved in the community, step in and start making profits from day one. The business comes fully equipped with all necessary fixtures, fittings, and equipment, ensuring a smooth transition for the new owner. Despite its success, there is ample opportunity for growth and expansion. With a strategic marketing plan and perhaps some menu enhancements or extended hours, the business can reach new heights of success. Don't miss out on this fantastic opportunity to own a thriving sandwich bar/coffee shop in one of Chelmsford's most sought-after locations, contact us now for a viewing. RX373774

Location

Located in an exceptional trading position within Chelmsford's affluent town center, this establishment enjoys a prime location positioned beneath an office block and in close proximity to a library, therefore benefitting from substantial foot traffic, making it a hotspot for passing trade

Tenure

New lease available for a term to be agreed with our clients current rent payable at £16,500 per annum exclusive

Premises

The business currently offers external seating for 12 covers to the front with glazed single entrance door leading into the premises which measures approximately 461 sq. Ft. And is arranged as follows:

Sandwich bar / coffee shop area with laminate flooring, high ceilings, hanging lighting and currently arranged for 10 internal covers. On the left hand side of this area is a long chilled drinks display fridge, with the rear of this area providing a serve over counter with confectionery display, cake display, chilled display unit and coffee prep zone. Behind the counter is equipped with a till system, 2 Group coffee machine (leased at £250 pcm), coffee grinder, double under counter display fridge and product shelving. There are also hanging and wall mounted menu display boards

Kitchen

An opening off this area leads into a preparation kitchen with tiled walls and floors, suspended ceiling, stripped lighting and equipped with 2 x stainless steel prep tables with under counter refrigeration and saladette, 2 x microwaves, wash hand basin, stainless steel sink, dishwasher, large upright stainless steel fridge, oven, 4 slice toaster, merrychef oven, salamander grill and extractor system. There are 2 doors off this area, one leads into a dry store with shelving and a stainless steel upright freezer. The other door leads into a WC with wash hand basin

Staff

The business is fully staff run with 2 Full time 2 part time and 1 casual member of staff

Trading Hours

8am - 3 pm Monday - Friday. Closed Saturday and Sunday

Turnover

We are advised turnover averages £4,500 - £5,000 per week working to the usual high gross profit margins associated with the trade. We are advised less than £100 per week is from online platforms Just Eat and Deliveroo, with the rest being from shop sales

Business Rates

The premises is subject to rateable value of £13,000 and our client advises the business rates payable are approximately £1,000 per annum

Legal Costs

Each party are to be responsible for their own, with the landlord's legal costs involved in the granting of the new lease to be the responsibility of the purchaser and the landlords legal cost involved in the surrendering of the existing lease to be the responsibility of the vendor

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission