Superb Award Winning Coffee Shop
- Asking Price: £65,000 +SAV
The accounting information shows a turnover of £184,000 with a NET profit of £28,300.
- Tenure: Leasehold
Hilton Smythe welcomes to the market this warm and friendly coffee shop, situated in the centre of Wokingham, close to the market square in a very attractive and characterful grade 2 listed building.
The owners will be taking the trading name with them; however, we have on offer a superb fully functional well-established coffee shop, in a fantastic location and having a very authentic feel. They offer baby changing facilities and a delicious range of coffee, teas, hot chocolates, cold drinks, food and snacks – with as many ingredients as possible sourced from the local area.
The coffee shop has been open for just over 6 years now and is very well established in the area, offering 50 covers spread over 2 areas with a range of seating. Recently awarded as Best Independent Coffee Shop in Berkshire 2018 from the Lux Lifestyle Magazine.
Oslar coffee is a trendy coffee bar with an authentic feel and has great reviews on both trip advisor and social media, however it could definitely be taken to the next level as it matures even further, with longer opening hours including evening and Sunday opening, developing more events and ideas, perhaps being more involved in hospitality and private functions, more advertising and offering a wider range of food.
An internal inspection is very highly recommended to appreciate the space and potential on offer, to continue to grow this business into the future.
The business is currently run by the owner and 1 full-time member of staff and 4-part members of staff.
Monday To Friday 8:00 a.m. to 5:00 p.m.
Saturday 8:30a.m. to 5:30 p.m.
This superb Coffee shop (trading as Oslar coffee) is situated in the centre of Wokingham opposite the attractive market square, in a busy commercial location, which has just been remodeled and upgraded.
Wokingham is a historic market town in Berkshire, England, 39 miles west of London, 7 miles southeast of Reading, 8 miles north of Camberley and 4 miles west of Bracknell.
At the 2011 census, it had a population of 30,690. Very easy access is gained to all surrounding areas via the nearby M4 motorway.
The current owners set up the business 7 years ago and it is now very well established in the area, with much repeat custom and keeps going from strength to strength.
They are now looking to pursue other business interests.
The business offers easily managed, yet very good-sized premises amounting to approximately 90 sqm on the ground floor.
The shop consists of 2 main café areas with various seating including sofas and tub chairs, good sized fitted commercial kitchen area, WC with full disabled and baby changing facilities, rear access to a parking area (not on the lease) and rear store.
When the current owners took over the building, they carried out a full overall to include a rewire and Led lighting, so the property is offered in very good condition.
There is a range of equipment included within the sale as follows:
- Tables and chairs for 50 plus covers.
- Commercial blender.
- 4 x grinders.
- 2 x Cimbali pressure profile coffee machines.
- Water purification system.
- Commercial ice machine.
- Commercial dishwasher.
- Commercial Merry Chef oven.
- Forest ice cream freezer.
- 2 x serve over fridges.
- Commercial fridge.
- 2 x commercial freezers.
- Pictures and decorations
We are advised that the business is being sold as a Leasehold opportunity on a 15-year lease, which has 3 years remaining.