Independent French Cafe and Coffee Shop Located In Kings Heath

Birmingham
£79,950 plus SAV
Business ID:
#2444
£79,950
  • Ref: 2444
  • Type: Cafe
  • Availability: Sold
  • Veritas Categories: Catering, - Bakery, - Cafe, - Coffee Shop, - Restaurants
  • Business ID: 2444
  • Price Postfix: plus SAV
  • Commercial Tenure: Leasehold
  • Commercial Price: 79950
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Property Features

  • Leasehold
  • Cafe Restaurant
  • 2 Bedroom Flat Above
  • Great Reputation
  • Prime Location
  • Fully Fitted

Full Details

Independent French Cafe and Coffee Shop Located In Kings Heath
Includes Two Bedroom Flat
TripAdvisor 4.5 Rated
A3 Consent
Ref 2444

Location
This respected Cafe and Coffee Shop is located within a prominent and highly visible trading location just off the main (A435) in Kings Heath, Birmingham. The area is surrounded by complementary independent retailers along with a mix of large blue chip retailers. Kings Heath is very cosmopolitan and the new up and coming cool area to live. Plans to build a new train station within the next two years will only increase footfall to this already thriving area. Birmingham city centre is within 5 miles.

Asking Price £79,950 plus SAV (£900)

Leasehold
Term: 12 years
Remaining: 7 years
Rent: £16,500 pa
Business Rates: £4,500 pa

Business Description
Veritas Business sales are privileged to offer to the market this thriving Cafe and Coffee Shop which is located in Kings Heath. There has been a cafe trading from these premises for over 20 years and has been in the careful hands of the current Award Winning owners for the past 15 ½ years. Reluctantly they are now offering the Cafe for sale so that they can concentrate on other business interests. Since ownership they have continually invested in new equipment along with 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. Maison Mayci is owner operated and employs the help of 3 full time and 2 part time members of staff and has an average weekly turnover of between £5,000-£6,000. They offer a fine brunch and breakfast menu, a lunchtime menu to include, platters, salads, sandwiches, omelettes and daily specials. All of which can be accompanied with specialist coffees, teas and cold drinks. All fare is freshly prepared to order on site, using only the finest locally sourced produce and they are renowned for their freshly baked artisan breads. We believe that there is further potential to increase revenue should you wish, by opening evenings and Sundays along with maybe adding an alcohol licence. The restaurant 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 passers by. This is a superb opportunity to purchase an established business in a fantastic up and coming location which is a great base to build upon and as such early viewing is highly recommended as this gem not to be missed.

Opening Hours
Monday - Saturday - 8.30am - 5.00pm                                                                                                                                                                                                                                Sunday - closed

Ground Floor
Entrance door leading into the cafe comprising: tables and chairs to cover (40), sales counter with EPOS till system, serve over chilled cake display counter, under counter fridge (Lec), window bread display shelves, espresso coffee machine (Faema), coffee grinder (Fracino), stainless steel wash basin, under counter two door bottle fridge, storage shelves, glass storage display shelves, 5 wall mounted menu boards and condiments table with EPOS till.
Commercial kitchen comprising: stainless steel sink, stainless steel wash basin, 7 metal wall mounted shelves, dishwasher (Sammi), stainless steel worktop with 3 door under counter fridge, saladette with 3 door under counter fridge, 2 stainless steel prep tables, microwave, 6 ring gas range with electric oven (Logic), deep fat fryer (Parry), double panini press (Buffalo), salamander grill m(Lincat), extraction canopy, small chest freezer, music system and CCTV monitor (4 camera system).
Customer W/C with wash basin, baby change and wall mounted paper towel holder.

First Floor
Entrance door leading to hallway/storeroom with boiler and upright fridge (Frigidaire) and upright freezer (Frigidaire). Lounge/kitchen. Full bathroom with laundry area.
Second Floor
2 Double bedrooms.
The flat benefits from double glazing and gas fired central heating. The flat is currently sub-let for (£700 PCM).

External
Rear courtyard with seating for (20). Storage and bin area. Parking for (1). Metal stairs leading to the flat.

EPC Rating C