Business for Sale in Busy High Street All Day Cafe / Bistro in a Busy Location: Watford

Key Information

Reference

C033541B

Tenure

Leasehold

Status

For Sale

Region

Hertfordshire

Sector

Cafes

Weekly Sales

£10,000.00 Inc. VAT

Accommodation

No

Business Information

• Award winning coffee shop and cafe / restaurant
• Highly rated on Trip Advisor and other sites
• Prime High Street location
• 88 Covers (inside and outside)
• Total floor area 273 square metres
• Lease expires 2028.
• Rent £35,500 per annum
• Gross Weekly takings in excess of £11,000 including VAT

Everett Masson and Furby are delighted to present to the market a very business cafe / restaurant located in a prime position on Watford High Street.

The business was established and considerably improved by the present owner more than 10 years ago and is being reluctantly sold as the owner wants to take some time out after the demands of the past 18 months.

The concept of the business is that it operates as a cafe and coffee shop in the morning, serving hot and cold meals from a simple menu. And in the evening the business is transformed to a Bistro restaurant with an appropriately different menu.

During lockdown the business commenced a delivery service and this is continuing successfully. Very recently the premises has been upgraded substantially including new air-conditioning, furniture, CCTV system, dishwasher and improvements to the cloakrooms.

Over the years the business has built up a good name locally and this is reflected in a host of 5 star reviews and overall score of 4.5 / 5.0 on Trip Advisor. More recognition has also recently been received as the restaurant was the recipient of a local award and has also received many 5 star reviews of Google and elsewhere.

This is a confidential sale and potential buyers will need to sign an NDA prior to receiving more details of the business. Early viewing is highly recommended. Please note that under no circumstances may applicants view without an appointment through sole agents Everett, Masson and Furby.

Price: £179,500 for the leasehold business, goodwill, fixtures and fittings etc.