Welcome to a fantastic opportunity to acquire a well-established café and outside catering business! Located in the vibrant city of Norwich in Norfolk, this business has been a cornerstone of the local community for the past 18 years. The café boasts a stellar reputation for its quality offerings, friendly atmosphere, and exceptional service. This confidential sale offers a unique chance for an enthusiastic new owner to build on a solid foundation and explore new growth avenues.
THE BUSINESS
Established some 18 years ago, it has built a loyal customer base thanks to its high-quality coffee, home-made cakes, sandwiches, snacks, and light meals. The café operates seven days a week, employing six full-time and four part-time staff, ensuring smooth and efficient operations and there is scope to run it more ‘hands off’ if a new owner so desired. The business holds a five-star food hygiene rating and is fully equipped, making it a turn-key operation for any prospective buyer. The café is licensed to serve alcohol and has permission for outdoor seating, enhancing its appeal. A key highlight is the wood-fired pizza oven, presenting a unique selling point and offering potential for business growth. The outside catering division, managed primarily by the vendor from home, contributes approximately 50% of the turnover and focuses on business lunches and catered events.
PREMISES
The café operates from leased premises in Norwich. Within the Landlords and Tenants Act 1954 (thus renewable), the leasehold tenure runs until May 2027, with an annual rent of £21,500 and two parking spaces included in the lease. The premises feature a customer area on the ground floor, and kitchen, storage, and staff facilities upstairs. The property includes a conservatory area at the rear and outside seating to the front, with 40 indoor covers and 12 outdoor covers total. The business holds licences for outside seating and alcohol, and there is potential to extend the current opening hours, providing further opportunities for increasing turnover.
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ADDITIONAL INFORMATION
AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.
CONFIDENTIAL SALE: This listing is confidential at the vendor’s request. In order to release further information on the business – including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.
REFERENCE NUMBER: R36077E.
OPENING HOURS: 8:00am to 3:00pm, Monday to Saturday. 9:00am to 3:00pm, Sunday.
TENURE: Leasehold. 10 year renewable lease (within the Landlords and Tenants Act 1954) running until May 2027.
The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the lease.
RENT PAYABLE: £21,500 per annum.
RATES PAYABLE: £2,994.– per annum.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
STAFF: 6 full-time staff, 4 part-time staff.
EPC: The Energy Performance Certificate shows a rating of ‘35/B’ – full document available on request.
PRICE: £149,950 PLUS STOCK AT VALUATION.
For the benefit of the leasehold interest, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.
VIEWING: Strictly by appointment only, please get in touch to make an appointment.
FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.
BUSINESS TO SELL: Thinking of selling your business? That’s our business!
If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.
PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.
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DISCLAIMER
1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
