Sandwich Bar Takeaway and Cafe Located In Warwick

Sandwich Bar Takeaway & Cafe Located In Warwick For Sale
A3 Licence
Ref 2232

Location
This delightful Sandwich Bar, Takeaway & Cafe is located in the historic town of Warwick which is a popular tourist hotspot. It’s positioned within a prominent and highly visible position on the main thoroughfare, close to the town centre and you have 5 industrial estates within a 5 mile radius.

Business information
Asking Price: £19,950 plus SAV
Turnover: £1,200 per week
Stock: £500

Leasehold
New lease available
Term: negotiable
Rent: £10,800 per annum
Rates: £ zero

Business Description
Veritas Business Sales are delighted to offer for sale this respected Sandwich Bar Takeaway & Cafe business which is located in Warwick. There has been a business trading from these premises since circa 1940 and this business has been in the careful hands of my clients since 1987 when it was an off-license & general store. In 1991 they introduced the cafe & sandwich bar takeaway. The business is now being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have invested in 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 operated by a husband & wife partnership along with the help of 1 part time member of staff. Cape Cafe has an average weekly turnover of £1,200 and they serve a fine range of breakfast sandwiches, cooked breakfasts, chips, burgers, cold sandwiches, baguettes, wraps, toasties, jacket potatoes, savouries and teas & coffees all on a takeaway basis. We believe that there is further potential to increase turnover by extending the current opening times, opening at weekends and maybe joining an online delivery service such as JustEat or Deliveroo. Currently they only operate on a takeaway basis by choice but if you were to add internal seating this would certainly boost sales. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with plenty of passing trade due to its prominent location. This is a superb opportunity to purchase an established business with further potential which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Cafe Hours
Monday – Friday –8.00pm – 2.00pm
Saturday & Sunday – closed

Ground Floor
Cafe comprising: serve over chilled display counter, base units, griddle (Lincat), double deep fat fryer (Lincat), stainless steel work tops, 4 pot wet bain-marie, toaster, sink, hand wash basin, jacket potato oven, extraction unit, 2 domestic microwaves (Russell Hobbs), upright fridge and an upright freezer.
Retail shop comprising: 2 double door pop fridges (on loan), dairy fridge, 2 double door drinks fridges, chest freezer and ATM cash machine.
W/C with hand wash basin.
Small store room & meter cupboard.

External
Vendors parking for (1)
Off road customer parking for (4)

The premises benefits from air conditioning, front electric roller shutters and an 11 camera CCTV monitor system