Restaurant/cafe for sale in High Street, Bromsgrove B61

Leasehold Café Bar & Coffee Shop Located In Bromsgrove
Accommodation Above
Licensed & A3 Consent
Ref 3017

Leasehold Asking Price £99,950 plus sav

Location
This respected Café Bar & Coffee Shop is located in the market town of Bromsgrove, Worcestershire which is becoming a popular hotspot for bars & restaurants. Situated within a prominent and highly visible trading position on the High Street within the busy town centre. The town is host to an array of large retailers to include HSBC bank, Poundland, Costa Coffee, Boots, Greggs and Asda supermarket to name but a few. All of which bring high levels of footfall to the area. Bromsgrove is situated approximately (13 miles) south west of Birmingham and (12 miles) north of Worcester. The Town Centre has excellent transportation links with Junction 1 of the M42 and Junctions 4 and 5 of the M5 motorway being within 4 miles.

Business Description
Veritas Business sales offer to the market this delightful Café Bar & Coffee Shop which is located in Bromsgrove town centre. The lease was purchased by our client back in 2017. In 2018 complete renovation was undertaken to the tune of £100K. The Café is now being offered for sale due other business interests requiring his attention.
Since ownership they have stripped the property back to the bare brick, installed new plumbing, new electrics, new walls, ceilings, flooring and invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Ollies Eatery is owner operated with the help of 2 full time & 2 part time members of staff and for year ending 29th February 2024 post an annual turnover of £203,898 net of vat. The menu offers a fine range of breakfast and brunch options along with specialist coffees, teas, alcoholic beverages and soft drinks. All meals are freshly prepared on site to order using only the finest high quality produce and can be enjoyed within the cosy (40) cover restaurant or simply taken away.
We believe that there is further potential to increase revenue should you wish, by opening on Wednesdays and Sundays and by opening in the evenings which proved popular previously. 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. Ollies boasts 630 Google reviews 4.7 rating, 165 Tripadvisor reviews 4.5 rating and 169 fb reviews 4.8 rating. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended.

Monday & Tuesday - 10:00 - 17:00 (kitchen closes at 15:00)
Wednesday - closed
Thursday - Saturday - 10:00 - 17:00 (kitchen closes at 15:00)
Sunday - closed

Leasehold
Term: 15 years
Rent: £20,000 pa
Reviewed: 5 yearly
Business Rates: Zero

Ground Floor
Entrance door leading into open plan restaurant/kitchen comprising: Tables & chairs to cover (20), wooden storage unit, stairs leading to the first floor, L shaped serve over sales counter with epos till, cash draw, 2 x draught beer pumps, 2 x two door undercounter bottle fridges (Autonumis), 2 x shelves, 2 x glass cake display stands, wall mounted menu board, twin head espresso coffee machine (Conti), coffee grinder (Compak), 10 litre water boiler (Marco), blender (Blentec), rinse station, 4 x wall mounted metal shelves (Vogue), stainless steel sink drainer, undercounter milk fridge (Bush), storage unit for glasses/cutlery/spirits, stainless steel trolley, slimline chest freezer (Ice King), chest freezer (Blizzard), stainless steel worktop with storage draws and double heated gantry, stainless steel wash basin, 3 x wall mounted paper towel dispensers, 3 x wall mounted soap dispensers (Tork), small stainless steel trolley, turbo fan convection oven with stand and cooling racks (Blue Seal), electric dual deep fat fryer (Lincat), extraction canopy, 2 x griddles (Lincat), 4 ring induction hob (Lincat), stainless steel fridge (Williams), ice machine (Hoshizaki) and rear exit door.

First Floor
Gents W/C .
Ladies W/C.
Hallway with wash basin, wall mounted mirror, wall mounted paper towel dispenser and cupboard with houses the combination boiler (Worcester Bosch).
Restaurant with tables & chairs to cover (15) and wall mounted mirror.
Storage area with chest freezer.
Office & storeroom with 4 x metal storage units, office desk, chair, chest freezer (Genfrost) and CCTV monitor (7 camera system).

Second Floor
Hallway with fridge (Beko), microwave (Panasonic), shoe rack and cloak area.
Double bedroom with en-suite comprising: Bath, W/C with wash basin.
Double bedroom or lounge.

External
Frontage with seating tables & chairs to cover (30). Rear yard area with bin area 2 upright stainless steel fridges (Williams) and metal storage shed with 2 x storage units inside.

The property benefits from gas fired central heating, intruder alarm (Yale) and a fire alarm. To the ground floor there are 3 x speakers (Sonos) and to the first floor there are 2.

EPC Rating B