Leasehold Café Located In Chepstow

Chepstow
£49,950
Business ID:
#2895
£49,950
  • Ref: 2895
  • Type: Cafe
  • Availability: Sold
  • Veritas Categories: - Cafe, - Coffee Shop, - Restaurants
  • Business ID: 2895
  • Commercial Tenure: Leasehold
  • Make Enquiry

Property Features

  • Prominent Town Centre Position
  • Leasehold Cafe
  • Comes Fully Equipped
  • Weekly Turnover £4,500

Full Details

Leasehold Café Located In Chepstow
Ratings / Google 4.5 / Facebook 4.4
Ref 2895

Location
This delightful Cafe is located in the town of Chepstow which lies in the county of Monmouthshire. Situated within a prominent and highly visible trading position on Beaufort Square which is on the main throughfare within the town. Chepstow offers an array of large national retailers along with independent retailers, bars, cafes and restaurants all of which bring high levels of footfall to the High Street. The town is (1.8 miles) from the M48 motorway which provides access to Newport, Cardiff and Bristol via the original Severn crossing while the A48 connects Chepstow to Sedbury and beyond. Chepstow is well serviced by train and bus services and has plenty of public car parks.

Leasehold Asking Price: £49,950 plus SAV (£600)

Business Description
Veritas Business Sales are privileged to offer to the market this respected Café which is located in Chepstow town centre. The business was established by our clients back in September 2021 they are now offering the Café for sale so that they can enjoy a well deserved retirement.
Since ownership they have refurbished, redecorated and invested in new equipment along with fixtures & fittings which are all bought and paid for (except the coffee machine which is on lease) and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Ugly Mug Café is owner operated with the help of 1 full time and 4/5 part time members of staff and has an average weekly turnover of circa £4,500. They serve cooked English breakfasts, vegetarian breakfasts, breakfast baps, jacket potatoes, freshly cut sandwiches, toasties, paninis, daily specials, chips, salads, specialist coffees, teas and cold drinks. All fayre is freshly prepared on site to order using only the finest local produce.
We believe that there is potential to increase trade should you wish by extending the current opening times. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passing tourists. This is a superb opportunity to purchase a turnkey café which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Sunday – 9:00am – 3:00pm

Leasehold
Term: 10 years
Remaining: 4 years
Rent: £12,000 pa
Business Rates: £300 pa

Ground Floor
Cafe comprising: tables and chairs to cover (27), 2 baby high chairs, upright drinks fridge, wall mounted menu blackboard, sales counter with EPOS till system, worktop with base units, 3 x cake display containers, worktop with base units, espresso coffee machine (Astoria), filter coffee machine (Novo), coffee grinder (Helios), hot water urn (Istanta), stainless steel wash basin with electric water heater (Triton), wall mounted soap dispenser, wall mounted menu blackboard, undercounter fridge (Hotpoint), saladette with 3 door undercounter fridge (Polar), undercounter freezer (Polar) and small countertop freezer.
Raised level with upright freezer (Beko), upright freezer (Amica), tabletop freezer (Haler) and 2 x wall mounted shelves.
Kitchen comprising: stainless steel table with commercial can opener, microwave (Sharp), metal shelf, stainless steel table with panini press (Buffalo), hotplate, 4 ring electric hob/oven, extraction hood, stainless steel table with grill (Buffalo), deep fat fryer (Buffalo), extraction hood, 2 x microwaves (Sansung), 4 slice toaster, worktop, wash basin, upright fridge/freezer, upright fridge (Beko) small countertop freezer, insect zapper, and wall mounted paper towel dispenser.
Pot wash area with dual stainless steel sink with directional hose, dishwasher (SDE) and wall mounted metal shelf.
Staff W/C with wash basin, wall mounted soap dispenser, wall mounted paper towel dispenser and water heater (Triton).
Customer W/C with wash basin.
Hallway with fire exit.

External
Frontage with tables and chairs to cover (14) and bin area. Rear parking for (1).

EPC Rating D