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Superbly Fitted-out Contemporary Cafe & Restaurant in Busy Commercial Location

West Midlands

Advert ref: 1040JRK

Business Partnership is pleased to bring to market this contemporary cafe & restaurant which has recently been fitted out to an exceptionally high standard and is located in a busy and fully-managed office building in a busy town within the West Midlands conurbation.

The business is relatively new and turnover in its first complete trading period was c£82,000. Seller's Discretionary Income is IRO £36,000 pa and the business would suit a new owner-manager, a couple or family wishing to run the business together, or would provide extra capacity for a trade buyer.

There is plenty of scope for expansion through extended opening, outside catering, events catering, deliveries, etc. The fully-fitted commercial production kitchen, which includes rational cooker, induction hob, stainless steel fridge, freezer, x2 sinks plus hand wash basin, etc., etc., offers flexible usage for an enterprising new owner. 

Located in a large and busy office complex, the restaurant has a 'captive' market drawn from other businesses in the building and, as there is little or no local competition, it attracts customers from the surrounding commercial businesses and institutions.

The restaurant area is bright with serving counter, coffee station, full length and full height windows to the frontage and is air-conditioned. A multideck fridge holds sandwiches and drinks for self serve.

The business has a Starbucks Business Alliance agreement in place, a 5-star rating from environmental health and the only café/restaurant with Gold Healthy Eating Award from the local authority.

The fit-out cost in 2018 was in the region of £60,000. Genuine offers are invited.

Rent is a very reasonable £5,500 pa and there is a 10-year lease with a 5-year break in place.

Photos will be provided to serious enquirers upon completion of our NDA.


Key features:

  • Fully-fitted professional-standard production kitchen with contemporary dining & drinking areas (image for illustration purposes only) 
  • Busy location within commercial office building with air-conditioned fully glazed ground floor frontage to road
  • Excellent opportunity for a couple or family to operate own business
  • Opportunity for trade buyer to bolt-on additional production capacity
  • Low rental but in first class, fully-managed commercial environment including 3 parking spaces
  • Excellent scope for expansion through outside catering, events catering, deliveries, etc.
  • Little or no local competition, large local business and institutional community to serve
  • Starbucks Business Alliance partner, 5-star environmental health rating, the only local restaurant with a Gold Healthy Eating Award from the local authority
  • Genuine Offers Invited

Property Details:
Asking Price: Offers Invited
Turnover: £82,000 Annual
Location:

Located on the ground floor of a large, fully-managed office development, with fully-glazed frontage to busy road in West Midlands conurbation.

Premises Details:

Refurbished and newly fitted-out to a very high standard with a professional standard kitchen, counter, light and airy seating area, additional common area. The building is fully-managed with 3 designated parking spaces plus additional visitor parking. 

A 10-year lease is in place (£5,500 pa), with a 5-year break clause.

For Illustration Purposes Only

Financial Details

  • Turnover: £82,000 Annual
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