EXCELLENT CAFE BAR AND BISTRO

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EXCELLENT CAFE BAR AND BISTRO - MALVERN
Superbly appointed and presented throughout
Prime high street position in desirable location
Prominent and well known business
Scope for further development
Ideal lifestyle opportunity
Genuine reason for sale
Early viewing essential
LEASEHOLD


Location

The business is situated in the beautiful historic town of Malvern, Worcestershire. It is positioned on the highly desirable High street which boasts the highest levels of passing trade in the area. The business benefits from having an excellent variety of neighbouring good quality retailers and commercial businesses which draw shoppers to the location throughout the year. Malvern is also known for attracting a healthy amount of tourists which adds additional value to trade levels in the town. This is a hugely popular residential and business location due to its beautiful open countryside, fine housing, good schools and NHS services and many historic attractions. There are many towns and picturesque villages within a short distance such as Ledbury, Upton on Severn and Pershore to name a few and the city of Worcester is just under 11 miles away. Malvern also benefits from being very accessible via the M6 motorway which is located approximately 10 miles away.


Business History

Meridian Business Sales are delighted to offer for sale this truly exceptional cafe bar and bistro which has a proud history dating back to 1998. The business has been owned by our client since 2007 who is only now placing it onto the market due to her poor health. The cafe bar and bistro, which is run and managed by our client achieves a very respectful annual turnover of £65,000, derived from the sale of a fine selection of meals and beverages. The business offers a very wide selection of foods and beverages including alcoholic drinks (licensed) hot beverages and classic cafe style foods and associated products. The business sees a healthy amount of repeat trade and new customers appear regularly, provided from good word of mouth recommendations and from the highly visible trading location situated on the High street. The property and business also benefits from being exceptionally well presented and well equipped throughout meaning that a new owner does not need to spend additional monies on modernising. This is an ideal lifestyle change opportunity for someone looking for a pure turnkey opportunity which is situated in one of the UK's most desirable areas. We feel that this opportunity provides a new owner with an excellent base to build upon and we urge early viewing of this charming business.


Financial Profile

Turnover: £65,000pa
Gross profit: 80%
Stock: £1,500


Tenure

Leasehold
Original length: 15 years
Remaining: 13 years
Rent: £13,000pa


Opening Hours

Monday - 11.45am - 3.00pm
Tuesday - Closed
Wednesday - 11.45am - 3.00pm
Thursday - 11.45am - 3.00pm
Friday - 11.45am - 3.00pm / 6.00pm - 8.00pm
Saturday - 10.00am - 4.00pm / 6.00pm - 8.00pm
Sunday - 11.00am - 4.00pm


Accommodation

Very well presented mid parade one storey business featuring full glass front, open plan dinning for 24+ covers, stainless steel kitchen area and storage facilities. Situated on the main High street, briefly comprising:

GROUND FLOOR
Glass fronted building
Secure front entrance
Open plan dinning / seating area for 24 + covers
Well positioned seating with chairs and tables
Drinks preparation and storage areas
Cold drinks display chiller

Rear
Kitchen area featuring mostly stainless steel
Side cutlery and plate storage space
Storage room with fridge and dry storage space
Toilet with wash basin
Additional storage room with 2 freezers

EQUIPMENT
Dish washer
6 ring hob oven
Double panini maker
1 x freezer
2 x fridges
1 x microwave
Large overhead extraction
2 x toasters
Many hand tools and kitchenware