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£0 £1000000

Beautifully Presented Coffee Shop in Affluent Location

East Grinstead, West Sussex

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£70,000 +SAV

Ref: B05480

Leasehold

Overview

Hilton Smythe are delighted to present to the market Nest, a beautifully presented cafe business arranged over 2 floors.  Our clients have completely transformed the business since purchasing the business in 2016 and have now more than doubled the previous Turnover which is set to further increase in the current year.

The business has now come to the market as one of our clients’ is now looking to retire.

They have developed a menu renowned for using locally sourced ingredients and are proud to offer good quality food for all, which includes excellent Gluten Free and Vegan options.


The menu includes breakfast, lunch and brunch options -


Fresh morning goods, breakfast options and smoothies

Fresh to order sandwiches, salads and soups

Large choice of cakes and cake slices

Daily specials and seasonal dishes

A selection of coffees, teas and cold juices/waters

Children menu options

Our clients have built up a very loyal customer base from the older daytime regulars, young mothers and families to local business people and tourists. Afternoon teas are proving very popular especially with the choice of private dining space to the lower ground floor.

 

At time of instruction the business enjoys excellent customer reviews -

Tripadvisor - 4.5/5 from 95 reviews

Facebook - 5/5 from 40 reviews

Google - 4.6/5 from 127 reviews

The fully refurbished premises would allow the new buyer the ability to walk straight in and carry on trading. Any new buyer may look to increase the following areas to further increase turnover levels -

  • Increase private party bookings (Hen party gatherings and birthdays)
  • Increase local deliveries and outside catering
  • Open later and add a more ‘bistro evening food’ led menu
  • Open Sunday’s
  • Add some Arts and Crafts retail to the lower ground floor
  • Apply for an Alcohol licence
Very rarely do cafe businesses of this standard and location come onto the market and we therefore strongly recommend any interested party to make an early viewing to avoid disappointment.

 

Turnover
The business reported an annual Turnover in 2019 of just under £175,000, excellent Gross Profit of 64% and an adjusted Net Profit of £43,095.

 

The business is run and managed by our clients with a full time member of staff and 8 part time members of the team.

MONDAY TO SATURDAY - 8am to 5pm

Nest Cafe enjoys a corner trading position along the High Street in East Grinstead, West Sussex.

East Grinstead is an affluent Town situated near the East Sussex, Surrey and Kent borders and lies just 27 miles of South East London and 21 miles North East of Brighton. The ancient Market Town has a wealth of architectural heritage and is surrounded by some of the finest countryside.

The Town is extremely popular with professionals commuting to London, trains from nearby East Grinstead mainline station take just 1 hour into central London and the close proximity to the A22 allows drivers to reach the M23 and M25 motorways in approximately 10-15 minutes.

Gatwick Airport is all very near being only 9 miles from the centre of Town.

Nest is situated amongst a very popular row of independent retailers, high street brands and banks as well as an excellent choice of bars, restaurants and interior led businesses. A busy Waitrose is also situated within 2 mins walk from the cafe.

There is a pay and display parking on the High Street as well as a larger pay and display car park within a 2 minute walk.

Front External - Pavement terrace area which includes 2 x tables and 4 chairs

Ground Floor - Main dining space split into 2 distinct areas, central service counter, kitchen, staff toilet and access to rear car park

Lower Ground - 2 further dining areas with a more relaxed feel for larger groups

Equipment Included -

  • 55 x Chairs
  • 18 x 2 Person Tables
  • 2 x Sofa,
  • 1 x Armchair
  • 4 Tables
  • 2 x Highchairs
  • 2 Arm Coffee Machine
  • 2 x Coffee Grinder
  • Hot Water Boiler
  • Water Softener
  • Mini Fridge
  • Cold Drinks Fridge
  • Cash Register
  • 4 x Microwave Oven
  • 2 x George Foreman Grill Smoothie Blender
  • Oven
  • Commercial Dishwasher
  • 3 x Freezer
  • 2 x Fridge Freezer
  • 1 x Refrigerator
  • Air Conditioning Unit
  • Dehumidifier
  • Safe
  • 2 x Vacuums
Rear External - Parking for 2 cars

 

Tenure
We are advised a new 8 Year lease is in place with 7 years remaining paying just £14,400 per year.

The business rates have recently been reduced by our clients down to £2,200 per year.

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