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Licenced Tea Rooms/ Cafe In Stratford Upon Avon For Sale

Stratford-upon-Avon, Warwickshire
Asking Price:
£99,950 Furniture / Fixtures included
Sales Revenue:
£280,000
Cash Flow:
Available on request

Veritas business sales are privileged to offer to the market this well respected café which is located in the highly desirable town of Stratford upon avon. The business has been trading for over 20 years and has been in the careful hands of the current owners for the past 16 months and is reluctantly being offered for sale as my client wishes to go back to turkey.

Since ownership they have invested in a new website along with new equipment and fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to spent for some time. Havilands is owner operated and employs the help of 3 full time and 4 part time members of staff and has an annual turnover of circa £280,000 per annum. Approximately 50% of the turnover is through the café, 40% from the takeaway section and the remaining 10% comes from the outside catering & buffets.

The cafe serves a fine selection English cooked breakfasts, freshly prepared sandwiches, baguettes, panini's, jacket potatoes, salads, soups, hot daily main course specials, pasties, pies, homemade quiches, cakes, cold drinks, crisps and specialist coffees & teas. This summer they have purchased an ice cream cart which is placed outside and is very popular. All fayre is freshly prepared on site to order, using only the freshest locally sourced produce.

We believe that the forthcoming year will benefit from an increase in turnover by the opening of a late bar which will be opening shortly and their entrance door is directly behind the café. Plans are to open the takeaway section evenings to sell food to people as the leave the bar. The cafe already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists.

This is a superb opportunity to purchase an established business that that still has further potential which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed. 

Property information

Property:

Leasehold

Lease Terms:

Original term: 10 years
Remaining: 7 ½ years
Reviewed: 5 yearly
Rent: £30,000 plus VAT pa
Business Rates: £5,300

Leasehold Rent:

£30,000 per annum

Location:

This outstanding cafe is located in the heart of Stratford-upon-Avon town centre. Positioned in one of the main pedestrianised streets therefore producing high levels of footfall. This thriving historic town is the birthplace of William Shakespeare, steeped in culture and history. Set in the beautiful rural Warwickshire countryside, on the banks of the river Avon, it is one of the most important tourist destinations in the UK, receiving over 4.9 million visitors per annum.

Premises Details:

Ground floor
café comprising: seating for (18), sales counter with epos electronic cash register, espresso coffee machine (fracino), coffee grinder (mazzerlugi), hot water boiler (marco), hand wash basin, 3 door under counter fridge, air conditioning unit/heater, new feature fireplace with electric fire and small storage cupboard for crockery. Wash room with dishwasher (halcyon), hand wash basin and storage shelves. Ladies w/c with hand wash basin. Gents w/c with hand wash basin.

Sandwich bar/bakery comprising: sales counter with epos electronic cash register, window display, chilled display unit, 3 door under counter fridge, double panini press, pasty oven (anna), commercial microwave (Samsung), hotplate food display/warmer, soup kettle and work surface.

First floor
office. Cupboard with water boiler (ariston). Dry stores with upright fridge, weighing scales and storage shelves. Kitchen with double sink drainer, stainless steel work top, dough mixer, deep fat fryer, toaster, 3 pot dry bain-marie, portable food cooling racks, tall upright fridge, small upright fridge, convection oven (blue seal), 2 ring induction hobs x 2, tall upright freezer, extractor unit and air conditioning unit/heater.

External
rear covered courtyard with seating for (9)
frontage with seating for (20) and ice cream cart.

Business Operation

Reasons for selling:

Relocating

Trading hours:

Monday – Sunday – 9.00am – 6.00pm

Years established:
21years

Other Information

Inventory / Stock value:
£3,000
Website:
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Contact Information

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