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Key Facts

[Ref: 1770917]

Business For Sale : Cafe
Location : 52 Brook Street Chester Cheshire, Cheshire, UK
Asking Price: 43,000

Contact: Jolley & Co

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CAFE

Gingers Cafe 52 Brook Street Chester Cheshire CH1 3DN UK

Business

Location

Brook Street is an established shopping area just outside the centre of Chester popular for its second hand goods and various retail and food outlets. The cafe is on a direct route between Chester rail station and the city centre being particularly busy on race days. This is a popular shopping district of Chester and a densely populated residential area. Businesses nearby include takeaways and restaurants as well as many other retail outlets including a post office.

Business History

The vendors advise that they established the business in February 2009.

Business Profile

Traditional cafe catching early morning trade, well known for substantial breakfasts and a busy lunchtime trade. The cafe approximately 40 covers, was well presented at the time of our visit and prides itself on a warm friendly atmosphere. The cafe also benefits with trade from a local football team and two fishing teams who visit on Sunday mornings.

Finacial Profile

The vendor will be pleased to discuss all the financial aspects of the business with prospective buyers.

Tenure

Leasehold. Three year lease from April 2010. Rent 8,100 per annum. Jolley & Co. have not examined any lease documentation and a buyer should arrange for their solicitor to verify that this information is correct.

Uniform Business Rates

Cheshire West & Chester Council have verbally provided the following information: Rates value: 5,800, Rates payable: 2600.10. Small business rates relief may be available on application.

Fixtures & fitting

A schedule of fixtures and fittings will be made available for prospective buyers.

Main Dining Area

12' 00'' x 29' 10'' (3.66m x 9.09m) -

Dining Area

11' 06'' x 11' 07'' (3.51m x 3.53m) - Situated at the back of the property with approximately 16 covers.

Outside dining & Smoking Area

35' 10'' x 11' 06'' (10.92m x 3.51m) - An attractive area for both outdoor eating and smoking

First Floor (1)

23' 10'' x 12' 07'' (7.26m x 3.84m) - Presently used for storage but could be exploited for additional dining area/internet.

First Floor (2)

8' 0'' x 12' 07'' (2.44m x 3.84m) - Sufficient storage room for all fridges, freezers and dry goods.

Price

Leasehold. 43,000 for the goodwill, fixtures & fittings plus SAV.

Legal Costs

Each party will be responsible for their own legal costs incurred in this transaction.

 
 

[PRFLID:31945] [CMPID:161] [FRMTeID:] [MiUITID:1] [MiID:158003] [PdUITID:1]

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