Leasehold Café Located In Northfield

Birmingham
£39,950
Business ID:
#2943
£39,950
  • Ref: 2943
  • Type: Cafe
  • Availability: Sold
  • Veritas Categories: - Cafe
  • Business ID: 2943
  • Commercial Tenure: Leasehold
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Property Features

  • Leasehold Cafe
  • Established Business
  • Prominent Main Road Location
  • 40 Covers
  • Further Potential
  • Staff Operated

Full Details

Leasehold Café Located In Northfield
Staff Operated
Ref 2943

Location
This well established Café is located in the busy residential area of Northfield in Birmingham. Positioned within a prominent and highly visible trading position on the (A38) Bristol Road South. The immediate area has an abundance of large retailers to include Aldi Supermarket, Sainsbury’s Supermarket, McDonald’s, B & M Store and Lloyds Bank to name but a few. All of which bring high levels of footfall to the area. The A38 gives you easy access to Birmingham City centre, Rubery and Rednal. The M42 & M5 motorways and within close proximity which opens up all motorway networks.

Leasehold Asking Price: £39,950 plus SAV (£1,500)

Business Description
Veritas Business Sales are privileged to offer to the market this respected Café which is located in Northfield. The business has been trading since 2006 and has been in the careful hands of the current owner for the past 15 years. He is now offering the business for sale so that he can enjoy a well deserved retirement.
Since ownership there has been continual investment in equipment along with fixtures & fittings which are all bought and paid for 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. Munch Café is operated by a team of 2 full time and 2 part time members of staff and has an average weekly turnover of £3,500-£4,000. They serve cooked breakfasts, hot sandwiches & baguettes, toasties, paninis, omelettes, lunches, salads, jacket potatoes, freshly cut cold sandwiches, tea, coffees and cold drinks.
We believe that there is potential to increase trade should you wish by extending the current opening times and by joining the online delivery giants. 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. This is a superb opportunity to purchase a fully fitted café where all the hard work has been done, which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Sunday – 08:00 – 13:45

Leasehold
Lease: 20 years (New lease available)
Remaining: 4 ½ years
Rent: £12,000 pa
Reviewed: 5 yearly
Rates: zero

Ground Floor
Café comprising: tables & chairs to cover (40), wall mounted TV, wall mounted menu board, serve over sales counter, cash register, serve over chilled display counter, 2 door drinks fridge (Coca-Cola), 4 x stainless steel tables, microwave (Whirlpool), wall mounted knife rack, 2 x 4 slice toasters (Dualit), wall mounted paper towel dispenser, undercounter fridge (Blizzard), coffee machine (Expobar), coffee grinder (Iberital), hot water boiler (Parry), 4 pot wet bain-marie (Lincat), extraction canopy, hot food cupboard, 2 x griddles (Lincat), dual deep fat fryer (Lincat), 2 ring electric hob (Parry), stainless steel trolley, stainless steel table with tin opener, upright fridge (Kenwood) and rear exit door.
Pot wash room with stainless steel table, stainless steel sink, chest freezer (Indesit), combination boiler (Worcester Bosch), 2 x wall mounted metal shelves and staff lockers.

External
Rear yard with bin area and outside W/C with wash basin. Frontage with off road parking for (2)