Leasehold Café & Restaurant Located In Leamington Spa
Licensed
5* Food Hygiene
Ref 2329

Location
This respected Café & Restaurant is located in Royal Leamington Spa. The business sits within a prominent and highly visible trading position with good parking facilities and is adjacent to a new housing development which is soon to be finished. Leamington Spa town offers wide boulevards, Georgian and Edwardian architecture, award-winning parks which provide a sophisticated backdrop to this Regency shopping paradise. Often described as ‘the best bits of London, all in a ten-minute walk’, Leamington town centre combines a treasure-trove of independent, specialist boutiques with all the national chains you would expect to find in a large city. With an impressive array of entertainment venues, a rich choice of restaurants and some of the country’s best spas and salons, we’re certain you will find it one of the most appealing towns in the UK.

Asking Price: £59,950 plus SAV (£3,000)
Leasehold
Original term: 10 years
Remaining: 4 ½ years
Rent: £9,000 pa
Business rates: zero

Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Café & Restaurant which is located in the highly desirable and affluent town of Royal Leamington Spa. The premises has been a café for many decades and has been in the careful hand of our clients since 2001 and is reluctantly being offered for sale so that they can enjoy a well deserved retirement. Since ownership there has been continual investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is very much owner operated and employs the help of 1 full time and 2 part time members of staff and has an annual turnover of circa £150,000. Simons place serves a breakfast menu until midday, along with a full lunchtime menu to include daily specials. Thursday, Friday & Saturday they open of an evening where you can choose from their a la carte menu. The restaurant is fully licenced so you can enjoy your meal with beers, wine, spirts, soft drinks or you can have tea or specialist coffees. The restaurant has built a fine reputation for serving freshly prepared food to order using only the finest produce. We believe that there is further potential to increase trade should you wish to by extending upon the current opening times and by maybe joining some of the online delivery portals such as Just Eat & Deliveroo. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passers by. This is a superb opportunity to purchase an established business that still has further growth potential which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Daytime
Monday – Thursday – 9.00am – 3.00pm
Friday – 8.00am – 3.00pm
Saturday & Sunday – 8.00am – 4.00pm
Evenings
Thursday, Friday & Saturdays – 7.00pm – 10.30pm

Ground Floor
Restaurant comprising: tables & chairs to cover (64), 4 x wall mounted menu blackboards, espresso coffee machine, coffee grinder, orange juicer (Zomex), filter coffee machine, cash register (Sam4s), under counter storage shelves, under counter fridge, 2 door bottle fridge, single door bottle fridge, wine rack, 3 x wall mounted shelves for glass/spirits storage.
Staff W/C with wash basin.
Dry stores with storage shelves and 2 x chest freezers.
Store room with sink drainer, worktop and metal storage rack with 4 shelves.
Gents W/C with wash basin and wall mounted hand dryer.
Ladies W/C with wall mounted hand dryer, soap dispenser and wash basin.
Commercial kitchen comprising: 3 x stainless steel preparation tables, hot water boiler, 2 x 6 burner ranges (Moorwood Vulcan), griddle, dual deep fat fryer, grill, extraction canopy, 6 pot wet bain-maire with hot cupboard, metal storage shelves, and microwave (Samsung). Wash up area comprising: dishwasher (Hobbart), stainless steel double sink drainer, wall mounted storage shelves and stainless steel preparation table. Rear storage area comprising: milkshake mixer (Waring), wash basin, grease trap, 2 upright stainless steel fridges, double door larder fridge, upright metal fridge (True) and upright freezer.

External
Side driveway with parking for (2) and bin area.

EPC Rating C
The property benefits from UPVC double glazing, gas fired central heating, 3 ceiling fans and an air-conditioning machine/hot air blower.

 

Location