Cottage Cafe/takeaway for sale in Southsea Hampshire in Southsea

£20,000

Mel 

Posting for 5+ years

Southsea

£20,000

Posted: 298 weeks ago

Ad ID: 34963448

Ended

Description:

Details
Property:
Leasehold

Lease Terms:
Lease term: 5 years

Remaining:
2 years

Rent:
£9,200 pa

Rates:
Leasehold Rent:
£9,200 per annum

Location:
The Cottage Caf is located on Victoria Road South, in Southsea, highly visible for passerby from the busy crossroads, within short walking distance to the prominent King's Theatre and Southsea Shopping Centre.

The Cottage Caf is located in Southsea, within a short walking distance of the prominent Southsea Shopping Centre. The business has been established for over 40 years, it's current owners is offered for sale due to them wanting to home relocating overseas. Since ownership, they have undergone partial refurbishments in painting the customers sitting area, kitchen fixtures, and fittings to meet the current gas safety standards and invested in new pieces of equipment, which are all bought and included within the sale price. During quieter seasons (Autumn to Winter), the business is operated by two owners and requires one staff at busier seasons to serving food, clear tables and wash dishes. The Cottage Caf is well known for serving freshly cooked English breakfasts all day, burgers, hot/cold sandwiches, toasties, hot and cold drinks to eat-in and takeaway. In 2016, Thai dishes such as curries, stir-fry, and noodles soups were added to the menus, which gained its popularity and increases new regular customers. The current opening hours could be expanded for evening trade or could change the cuisine entirely with takeaway delivery service, which is an excellent opportunity to increase business growth.
Current trading hours:
Monday to Saturday 6pm - 10pm
(previous was from 7am-3pm)


Ground Floor (Caf Sitting Areas):
Currently hold 31 seating with wall mount menu board, upright white fridge and freezer, and a toilet with hand wash basin. Sale counter; countertop refrigerated merchandiser (bought in 2016), double upright display cooler, bar display coolers, automatic water boilers and filter coffee machine.

Kitchen:
2016 Refurbishments, fixtures and fittings:
New extraction fan installed with new fan speed controller unit
New gas interlock system installed with gas solenoid valve
New 5 hob burner gas cooker range 8" wok rings
Installed new upgraded copper gas pipework between the gas meter and gas cooking equipment's
Fresh air fan installed to comply with gas regulations
Canopy extension

Stainless steel double sinks, cutlery, crockery, 2 under counter freezers, heavy duty prep counter fridge (three doors), dishwashers, Lincat dual gas griddles, Blueseal double fryer, 2 heavy-duty microwaves, 2 six slots toasters.

Small storage room (next to the kitchen) with small hand washbasin, 2 under counter freezers and upright white commercial freezer.