Leasehold Coffee Shop and Patisserie Located In Moreton In Marsh

Moreton In Marsh
£49,950 plus SAV
Business ID:
#2404
£49,950
  • Ref: 2404
  • Type: Cafe
  • Availability: Sold
  • Veritas Categories: Catering, - Bakery, - Cafe, - Coffee Shop, - Tea Rooms
  • Business ID: 2404
  • Price Postfix: plus SAV
  • Commercial Tenure: Leasehold
  • Commercial Price: 64950
  • Make Enquiry

Property Features

  • Established Business
  • Leasehold
  • Coffee Shop & patisserie
  • Great Reputation
  • High Street Location
  • Fully Fitted
  • Potential To Change

Full Details

Coffee Shop and Patisserie Located In Moreton In Marsh
TripAdvisor Certificate of Excellence 2017
Ref 2404

Location
This delightful Coffee Shop and Patisserie is located in the highly desirable Cotswold tourist hotspot of Moreton in Marsh, Gloucestershire. An area of Outstanding Natural Beauty, the town stands at the crossroads of the Fosse Way Roman road and the A44. Located at the head of the beautiful Evenlode Valley, Moreton in Marsh is a thriving market town with excellent public transport links including a direct link to London by rail. The town dates back over 1000 years to the Saxon era.

Asking Price £49,950 plus SAV (£1,500)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Coffee Shop and Patisserie which is located in Moreton in Marsh. The business was established by my client 11 years ago and has been in her careful hands ever since and is reluctantly being offered for sale so that she can enjoy a well deserved retirement. Since ownership my client has totally refurbished and 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 any new purchaser as additional funds will not need to be spent for some time. Cacao Bean is owner operated with the help of 1 full time and 3 part time members of staff and has an annual turnover of £117,788 with a GP of £91,875 (78%). They serve a fine range of specialist coffee and tea (fair trade), hot chocolates, cream teas, toasted tea cakes, freshly cut sandwiches and rolls, home made soups, jacket potatoes with various fillings and cold drinks. From the in house patisserie you have a selection of chocolates, biscuits, truffles, cakes and celebration cakes. All products are handmade in the pastry kitchen and can cater for gluten free, dairy free, nut free and Vegan. We believe that there is further potential to increase revenue if your were to serve more cafe products such as bacon rolls and cooked breakfasts and by adding corporate lunch buffets and outside catering. The business 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 could be altered slightly and is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Opening Hours
Monday - 9.00am - 5.00pm
Tuesday - 9.00am - 2.00pm
Wednesday - Friday - 9.00am - 5.00pm
Saturday and Sunday - 10.00am - 5.00pm

Leasehold
New lease available (£18,000 pa)
Term 9 years
Rent: £16,500 pa
Business Rates: zero

Ground Floor
Coffee shop comprising: tables and chairs to cover (30), ice cream freezer, feature fireplace, serve over sales counter with cash register (Sam4s), espresso coffee machine (La Spaziale), coffee grinder, hot water boiler (Marco), under counter fridge, stainless steel sink, base units, wall mounted shelving, wall mounted menu boards, double door bottle fridge, serve over chilled cake display unit, toaster and retail sales and display units. Customer W/C with wash basin. Office with desk. Staff W/C with wash basin. Dry stores with shelving. Pastry kitchen comprising: 2 x stainless steel work tops with under counter fridges, stainless steel upright fridge, stainless steel upright freezer, stainless steel wash basin, stainless steel sink, commercial microwave, dough mixer, induction hob (Buffalo), weighing scales, wall mounted shelving, stainless steel worktop, metal storage racking, prover, combination oven, deck oven and cooling racks. Washroom with dishwasher, wall mounted shelving, stainless steel sink drainer with directional hose, and under counter freezer.

External
Frontage with tables and chairs to cover (6). Rear garden with flower beds, allotment area with rhubarb and wooden storage shed. Rear garden not suitable for table service.

The property benefits from, CCTV 4 camera system, gas central heating, energy efficient LED lighting and is mainly double glazed.

EPC Rating C