Leasehold Coffee Shop/Cafe & Deli Located In Kenilworth

Leasehold Coffee Shop/Cafe & Deli Located in Kenilworth
Ref 2766

Location
This delightful Coffee Shop/Café & Deli is located in the highly desirable area of Kenilworth. Situated a prominent and highly visible trading position on a parade of shops to include a butchers, convenience store, hairdressers and fish & chip takeaway. The immediate area is densely populated with residential houses and Kenilworth town centre is (0.5 miles). A gorgeous town which attracts thousands of visitors to the famous Kenilworth Castle. The newly opened train station in the centre of Kenilworth provides regular rail links to both Coventry and Leamington Spa, where onward journeys can be made to London (76 minutes) and Birmingham (21 minutes). The location benefits from good connections to J15 of M40 within less than (6 miles) and J2 of M6 within approximately (11 miles) which in turn provide access to the wider motorway network in the Midlands.

Asking Price £49,950 plus SAV (3,000)

Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Coffee Shop/Café & Deli which is located in Kenilworth. The business was established by our clients back in July 2021 and is now reluctantly being offered for sale due to one of the partners having unforeseen health problems.
Since ownership they have totally refurbished, redecorated and installed brand new 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. The business is overseen by the owners but operated with a team of 1 full time & 2 part time staff members and has an average weekly turnover of £3,000-£3,500. They café serves a range of quality artisan breads, cakes, pastries, savouries, freshly cut hot & cold sandwiches, homemade soups, cooked breakfasts, salads, specialist teas & coffees and cold drinks. They also retail high end produce to include, fruit & veg, jams, pickles, pasta, olive oils, dairy products, sauces, condiments, confectionery, crisps and frozen products. The sweet baked goods are baked in house which keeps margins high, there are also additional income streams namely seasonal hampers and outside catering.
There is further potential to increase trade should you wish by holding evening events particularly if an alcohol licence was secured, proactively marketing the outside catering rather than just servicing inbound enquiries and offering event/room hire for private parties along with opening 7 days a week rather than 6 as we believe there to be a good Sunday morning and lunch trade. 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 passers by. This is a superb opportunity to purchase a turnkey business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday – Friday – 8:00am – 4:00pm
Saturday – 8:00am – 4:30pm
Sunday – closed

Leasehold
Original term: 5 years
Remaining: 4 years
Rent: £16,000 pa inclusive of vat
Rates: zero

Ground Floor
Café & retail area comprising: 1 x serve over chilled display counters, 1x sales counters with EPOS till systems, 1 wooden and marbel/ display cabinet, wooden bread display boxes, espresso coffee machine (La Spaziale), coffee grinder, ice maker (Nisbets), stainless steel wash basin, stainless steel sink, 1 x weighing scales (Avery Berkel), worktop with two shelves below, stainless steel worktop with base units, cling film machine, undercounter freezer, cutlery/condiments unit, metal display unit, 3 x wooden display units, ice cream/ pie freezer, drinks chiller (Polar), 2 menu black boards, café area with seating for (15) and electric fire.
Kitchen comprising: Convection oven (Adexa), stainless steel worktop with storage below x3, 2 x undercounter fridges, stainless steel sink drainer and spray handle unit, stainless steel wash basin with worktop, 1 large induction hobs (Buffalo) and 1 single induction hob, stainless steel table with commercial tin opener, 2 x stainless steel tables, wall mounted shelf, and rear exit door.
Customer W/C with wash basin.

External
Frontage with seating for (8). Rear courtyard with parking for (4). Lock-up garage/ brick built storeroom.