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Established Traditional Cafe In Tyseley For Sale

Tyseley, West Midlands, UK
Asking Price:
£34,950
Sales Revenue:
£114,400
Cash Flow:
Under £50K

Very well established traditional café business in the same owners hands for the last 16 years and only now selling due to ill health. Takings average £2,200 per week with a gross profit yield in the region of 70%. Sales include breakfasts hot and cold sandwiches and hot and cold drinks mainly served over the counter with a few regular deliveries each week. The business is operated by the owner with two part time girls with hours of trade 7.30am to 1.30pm Monday to Thursday 6.00am to 1.30pm Friday and 6.00am to 12.00pm Saturday. Prominent corner property with gas central heating throughout briefly comprises ground floor café area with serving area rear fully fitted and equipped kitchen hallway and outside smoking area and customer WC. To the first floor there is an office 2 x storage rooms and staff WC. The property is secured on a 10 year lease from September 2011 with a rent of £4,800 per year. The first floor could be used for accommodation and a separate entrance to the first floor would only require a ground floor door to locked. Great opportunity

Property Information

Property:

Leasehold

Lease Terms:

10 year lease from September 2011

Leasehold Rent:

£4,800 per annum

Living Accommodation:

Possible to convert the first floor to a one bedroom flat

Location:

The cafe is located in a densely poulated residential area together with many industrial units.

Premises Details:

Prominent corner property with gas central heating throughout briefly comprises ground floor café area with serving area rear fully fitted and equipped kitchen hallway and outside smoking area and customer WC. To the first floor there is an office 2 x storage rooms and staff WC.

Planning Consent:

A3 Cafe/Restaurant Use

Business Operation

Reasons for selling:

Ill health

Trading hours:

7.30am to 1.30pm Monday to Thursday 6.00am to 1.30pm Friday and 6.00am to 12.00pm Saturday

Employees:
Operated by the owner with two part time girls
Years established:
Over 50 years established

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