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Popular Cafe in thriving Cotswold Village For Sale Location:

Cheltenham, Gloucestershire

  • Asking Price: £44,950 +SAV
  • Turnover: The business reports a healthy turnover of around £163,000 with reported gross profit of 75%.
  • Tenure: Leasehold

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Hilton Smythe welcomes to the market Café No 9. This popular cafe is very well presented both internally and externally with a lovely forecourt to the frontage, fantastic for attracting passing trade and a lovely spot to relax and unwind. Café No 9 opens 7 days a week and has an excellent reputation being very well supported by the local community. This busy cafe hosts 38 internal covers, with additional seating outside for 14 covers. The business prides itself on its home cooked and freshly prepared dishes using locally sourced produce where possible. The menu is varied including freshly made sandwiches, toasties, pannini’s, soups and daily specials served with hot and cold beverages and tempting homemade cakes. The business reports a fantastic turnover, with we believe the potential to further develop. Perhaps, by introducing a delivery round in the locality or if an alcohol license were to be obtained the opening hours could be extended into the evening and a bistro style menu introduced. Our clients originally founded the business in 2008 and genuinely offer the business for sale as they wish to follow a different career path. This business would be ideal for a family, couple or husband and wife team. Early viewing of this charming business offering a turnkey opportunity is highly recommended.

The business is owner run and managed with the assistance of 8 members of staff.

The business opens:- Monday to Saturday 8.30am – 4.30pmSunday 10.00am – 2.30pm

The business is located in the historical village of Bishops Cleeve in Gloucestershire. Occupying a prominent position on Church Road, the main thoroughfare through this vibrant village and within a busy retail parade. The business is across from a supermarket and benefits from free parking directly to the front and bus stop in the vicinity ensuring heavy footfall and good traffic flow throughout the day. Bishops Cleeve sits between Cheltenham to the South and Tewkesbury to the North and is readily accessible from the M5 motorway. The village lies at the foot of Cleeve Hill, the highest point in the Cotswolds and has a population of circa 15,000.

Mid parade premise briefly comprising:- Well signed frontage with security shutters, Large forecourt with table and chairs for 14 covers. Wood effect flooring, spotlights to ceiling, light and airy cafe with good decor and well presented. freestanding wooden table and chairs for 38 covers, menu boards to walls, counter server with ecr, homemade cake display area, glass serve over chiller unit, coffee grinder, 2 grip coffee machine, water boiler, toaster and sink. Store room to the side. The kitchen houses a potato oven, 4 microwaves, stainless steel work surfaces, 4 freezers, 1 fridge, dishwasher, twin Panini press, grill, griddle and sink. There are toilet facilities. Additional store unit to the rear of the premises. There are two parking spaces to the rear for owners.

Tenure
We are advised leasehold. The original lease length is 10 years with 3.5 years remaining. Rent is £16,500 per annum.

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