* Leasehold
A thriving business which is very long established having been set up in the
1950s with our client owning and operating the business for the last 5. 5
years. The business has built up a great reputation over our client's period
of ownership, supported by a 4. 5* tripadvisor rating, 4. 6* google review and
4. 8* facebook rating. The business has reluctantly been brought to market with
a genuine reason for sale due to a combination of ill health and other
business interests of the seller. Trading with a menu that includes
breakfasts, sandwiches, salads, teas, coffees, jacket potatoes, light bites
and cakes to name some items. Licenced for the sale of alcohol from 8 am - 11
pm and until 1 am on special occasions like Christmas and New Year. Good
established turnover which still leaves scope to increase further by extending
the trading days and times to capture the evening trade, in addition to
incorporating a delivery service which our client has chosen not to do.
Viewing recommended. Our ref: RX277600 - C6759S
**Location**
The premises is located on the road that leads down to the seafront from the
main High Street in a highly visible location, offering high levels of both
footfall and vehicular passing trade. The premises is surrounded by various
other business types including a post office, beauty salon and various other
eateries
**Tenure**
We are advised the premises are held on a 15 - year lease at a rental of £7, 440
per annum exclusive
**Premises**
Forecourt seating area for 12 covers, fascia board, half - glazed frontage and
single glazed entrance door leading into the cafe which measures approximately
953 sq. Ft. And is arranged as follows:
**Main Cafe Area**
With laminate flooring, hanging feature lighting, ceiling fan, with this area
currently arranged for 14 covers. To the left - hand side of this area is a
serve - over counter with counter - top cake display, till, 2 - group coffee machine
(leased at £117 pcm), coffee grinder, hot water dispenser, drink mixer,
microwave, under - counter fridge, under - counter freezer, ice maker and large
double drinks display fridge
**Further Seating Area**
An opening at the back right - hand side of this area leads into a further
seating area currently arranged for 28 covers. French doors from this area
leads outside to a balcony seating area which is turfed and arranged for 15
covers. One door off the secondary seating area leads through to separate
ladies and gents WCs with wash - hand basins and a door off this area leads into
a dry store with various shelving/racking, 1 large upright fridge and 1 large
upright freezer
**Commercial Kitchen**
A second door at the rear of the main cafe area leads through to a commercial
kitchen equipped with commercial extraction system, 4 - hob oven, slow - cooker, 4
x microwaves, various stainless - steel prep tables, griddle, large twin - basket
fryer, stainless - steel prep table with under - counter refrigeration, stainless -
steel double sink, wash - hand basin, dishwasher, 6 - slice toaster, large upright
stainless - steel freezer and large upright stainless - steel fridge. The premises
benefits from having CCTV throughout
**Staff & Trading Hours**
The business is run by the vendor on a part - time basis, with the assistance of
6 members of staff. The business currently trades 8. 30 am to 4 pm 7 days a
week, with the kitchen closing at 3. 15 pm daily. The premises is licenced for
the sale of alcohol up until 11pm daily, so these hours could be extended to
capture the evening trade
**Turnover**
Gross turnover averages approximately £5, 500 per week working to the usual
high gross profit margins associated with the trade. Most recent year - end
accounts confirm a net turnover of £235, 992. Further financial information can
be disclosed to seriously interested applicants following a viewing of the
business, with client's permission
**Business Rates**
The premises is subject to a rateable value of £5, 400 resulting in zero
business rates payable, should small business rate relief apply to a purchaser
**Legal Costs**
Each party are to be responsible for their own, with the landlord's legal
costs to be split 50/50

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