Business for Sale in England: West Sussex - CAFÉ & TAKEAWAY IN THE CENTRE OF CHICHESTER - Leasehold: £29,500

Key Information

Ref
C34486T
Type
Food Service Businesses: Cafes
Location
England: West Sussex
Tenure
Leasehold
Status
Sold
Weekly Sales
£4,000 Ex Vat
Accommodation
1 Bedrooms
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The business has a superb central location close to the Cathedral and the Market Cross in the very heart of Chichester which is a vibrant, affluent city and the administrative centre for West Sussex. Chichester has a fine mix of retail shops, eateries and independent businesses along with the Festival Theatre and Pallant House Art Gallery making it a popular destination for locals and tourists alike.

This impressive 4-storey property has an attractive and fully equipped café to the lower floors with living accommodation above which includes a modern bathroom and top-floor bedroom. The café has a large built-in counter/servery near the entrance, good kitchen facilities to the rear and approximately 50 covers (including counter seating). We understand that the entire café had a comprehensive refit and refurbishment in 2015 at a cost of more than £30,000. The property is held on a lease to December 2026 with an annual rent of £35,500 (+ vat).

Currently trading Monday to Saturday daytimes only, the café serves a freshly prepared menu including breakfasts, pasties, sandwiches, paninis, baguettes, melts & rarebits, soups, salads, jacket potatoes, cakes and pastries. Beverages include teas, coffees, soft drinks, milkshakes and a selection of fruit smoothies. During the most recent financial year, we understand that average weekly takings were approximately £4,000 (+ vat).

The business has built an excellent reputation and attracts a wide range of customers; approximately 40% of sales are for takeaway. With an alcohol licence already in place, new owners will see the potential to introduce an evening menu and the scope for special events and private parties. There is also great potential to increase takings by trading on Sundays and/or introducing a local delivery service.

Leasehold £29,500 Ref: C34486T

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