Restaurant/cafe for sale in Station Road, Milcote, Stratford-Upon-Avon CV37

Leasehold Café Located In Milcote, Stratford Upon Avon
Pitstop For Cyclists & Walkers
Converted Railway Carriage
Ref 3023

Asking Price £59,950 plus sav (£1,000)

Location
This respected Cafe is located in the village of Milcote, on the Stratford Upon Avon Greenway. It is part of the National Cycle Network and attracts cyclists and walkers from all over. The thriving historic town of Stratford Upon Avon is (4 miles) and is the birthplace of William Shakespeare, steeped in culture and history. Set in the beautiful rural Warwickshire countryside, on the banks of the river Avon, it is one of the most important tourist destinations in the UK, receiving over 4.9 million visitors per annum.

Business Description
Veritas Business Sales offer to the market this established Café which is located in the village of Milcote. The 5344 railway carriage was craned in 20 years ago and converted into a what you see today. The business has been in the careful hands of our client for the past 3 years and they are reluctantly offering the business for sale due to unforeseen family commitments.
Since ownership they have replaced the felt roof, redecorated and 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. Milcote Café is owner operated with the help of 3 part time members of staff and for year ending 31st March 2024 turned over £116,392 returning a healthy net profit. They serve cooked breakfasts, breakfast baps, toasties, jacket potatoes, homemade cakes, confectionery, teas, specialist coffees, cold drinks and ice creams.
We believe that there is potential to increase turnover by extending the opening times. They have great reviews with Tripadvisor & Facebook, 5 star ratings and Google 4.7 and have built a strong reputation within the local community and beyond and as such have a high level of regular and repeat trade. This is a superb opportunity to purchase a turnkey business where all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday - closed
Tuesday - Friday - 09:00 - 15:00
Saturday & Sunday - 09:00 - 16:00

Leasehold
Warwickshire County Council (permanent pitch licence)
Term: 5 years
Remaining: 4 1⁄2 years
Rent: £2750 pa
Reviewed: Yearly
(yr 2 £3,500, yr 3 £4,000, yr 4 £4,500, yr 5 £4,750)
Rates: Zero
Additional costs are £100 per month to empty the cess pit (current contract with Pipeeye) and £100 per month for the waste disposal (current contract with Biffa)

Carriage
Entrance door leading to 3 x storage shelves which is used as a condiments area.
Sales counter and kitchen comprising: Ice cream freezer (on loan from Walls), stainless steel serve over sales counter with 4 x glass dome cake displays, 3 x storage units, upright drinks chiller, stainless steel worktop with 3 door undercounter fridges (Polar), 2 x domestic microwaves (Goodmans), commercial microwave (Kenwood), 4 slice toaster, 2 x panini machines (Nisbets), 2 x griddles (Nisbets), stainless steel table, wash basin with electric water heater (Triton), upright freezer (Bosch), dual stainless steel sink, water heater (Stiebel Eltron), bean to cup coffee machine (Rijo), coffee grinders, decaf coffee grinder, hot water urn (Swan), convection oven (onj), 2 x smoothie blenders (Ninja), knife rack, 3 x wall mounted shelves and various utensils, crockery and cutlery.
Dry stores with storage shelves, cleaning cupboard and rear exit door.
Café with tables & chairs to cover (18), baby high chair, log burner and cloak area.
Storage cupboard with storage shelves. Customer W/C with wash basin and wall mounted mirror.

External
Frontage with 12 x picnic benches to seat (50+).