Business Summary

CAFÉ / TEA ROOMS WITHIN BUSY GARDEN CENTRE
REF: C/629
HOCKLEY, ESSEX £59,950 LEASEHOLD + SAV


• RENT JUST £10,392 PER ANNUM

• FULL A3 LICENCE

• OPEN 11 MONTHS A YEAR

• TURNOVER £2,500P/WEEK & GROWING

• EXTREMELY BUSY GARDEN CENTRE

• IMMACULATELY FITTED THROUGHOUT

• OPEN 8:00 – 16:00 7 DAYS

• 42 COVERS + EXTERNAL 30 COVERS

• NO BUSINESS RATES

• CLOSE TO SCHOOLS
Location:

The business is situated in extremely busy garden centre in Hockley Essex. The Garden Centre has been open and well known in the area for many years, however with a recent change in ownership, has undergone a huge expansion with further development upon the horizon, all of which does and will bring more and more custom to the business. The Café / Tea Rooms is the sole catering business on the premises.

The Premises & Business


The Business: Our vendor runs the business with the aid of two part time members of staff, and trades as a Café / Tea Rooms also offering farmers market style food and drink, such has vegetables and home made jams. Although the business is in its infancy having only been opened nine months, its true earning potential has yet to be found. The Garden Centre naturally produces passing trade as well as many regulars. The business also benefits from 30 + outside covers. Our vendors are selling the business due to ill health.


The Premises:
All fixtures and fittings as well as cooking equipment were bought brand new at the time of installation. The Café / Tea Rooms is accessed from within the Garden Centre that has ample parking, 30 + external covers under shelter (room for many more) gives access into the business

Internally : Smooth ceiling, windows to front and rear elevations, wooden flooring, covers for 42 via wooden tables and chairs, serving counter for farmers market area, large chillier display cabinet, three wooden single shelving units, one large double shelving unit with a wide range of draws. To the other side of the business there is a large serving counter with roll edge work surface, coffee machine (Lease £90.00 PCM) with hot water dispenser, till system, soup warmer pot, the counter also has a large amount of low level shelving and storage space. Coca-Cola fridge, door to kitchen.

Kitchen Area: The kitchen is well fitted for the trade briefly comprise of : Extractor canopy with full induction system, range cooker with six ring gas hob and large double oven, fully tiled flooring, double pot ‘KuKoo’ fryer, dish washer, ‘Buffalow’ griddle, toasters, microwaves, two double and three single pot bay marie, ‘Asder’ stainless steel tall standing fridge, ‘Sapphire’ double door stainless steel freezer, two large stainless steel work surfaces with shelving below, two large bowl stainless steel sink units with drainers, wall mounted boiler, door out to rear, door to front, access to counter area. NOTE: Gas is via Colour Gas Canisters.


Externally: The business has 30 external covers that are sheltered, although could increase these covers ideal in the summer period. The business also has a external storage


Tenure:

The premises are to be held on a secure 8 year lease at a current rental of £10,392 per annum. However we understand from our vendor client that the landlord is negotiating a brand new 25 year lease.

Turnover:

We are informed by the Vendor the current turnover is some £2,500 per week working on an excellent gross profit margin.

Staff:

The business is operated solely by our vendor clients with the help of two part time staff.

Trading Hours:

Currently trading between the hours of 08:00 – 16:00 7 days

Business Rates:

Nil business rate.

Price:

We are instructed by our Vendor Client to offer this exceptional business for sale at the realistic price of £59,995 to include the benefit of the lease, goodwill, fixtures and fittings. Stock to be purchased at valuation.

Legal Costs:

Both parties to pay their own legal costs as well as 50% of the landlord’s legal fees.

Viewing Arrangements:

By prior appointment with PPS on 01702 667111 / 0203 627 1110.

Property Details