Commercial Property for sale in Gipsy Lane Willenhall WV13

Sale Price: £150,000

Willenhall, WV13 2HA

Commercial Property
-- Bed(s)
-- Bath(s)
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Street Address

Willenhall, WV13 2HA

Property description

The business has been trading as a Cafe since 2010, having previously been a branch of a Nationwide coffee chain. The cafe has been under the ownership of our clients since it opened in its current guise. Customers visiting the business have choice from a wide and varied menu that includes hot breakfasts, sandwiches, burgers, jacket potatoes and both hot and cold beverages. There is also a licensed bar, serving a range of draught lagers and bottled alcoholic drinks,
The business benefits from having a strong repeat customer base as well as a healthy passing trade. Its custom base is helped greatly by the large office centre in the attached building.

Brief description

BUSINESS OVERVIEW
The business has been trading as a Cafe since 2010, having previously been a branch of a Nationwide coffee chain. The cafe has been under the ownership of our clients since it opened in its current guise. Customers visiting the business have choice from a wide and varied menu that includes hot breakfasts, sandwiches, burgers, jacket potatoes and both hot and cold beverages. There is also a licensed bar, serving a range of draught lagers/beers and bottled alcoholic drinks,
The business benefits from having a strong repeat customer base as well as a healthy passing trade. Its custom base is helped greatly by the large office centre in the attached building.

SCOPE FOR DEVELOPMENT
By our clients own admission, the business is not currently being operated to it\‘s full potential and any new owner may wish to consider a number of options that would almost certainly increase turnover. Just one example would be to consider an extension to the opening hours in order to offer an evening meal menu and Sunday lunches. Also further exploring the use of the premises as an evening venue (given the presence of the bar) may attract a whole new stream of income.

PREMISES
The premises is relatively unique for a business of this type. The exterior of the premises features two highly visual pieces of signage and a mostly glazed frontage. The main shop floor is accessed directly from the footpath and features around 50 covers across two seating areas. To the left of the shop floor in the middle is both the bar area and cafe service counter. Both feature display areas for the presentation and sale of goods. To the rear of the bar is a storage cupboard currently acting as a cellar. To the rear of the cafe service counter is a well stocked kitchen with numerous food preparation stations. Finally, there are both male and female toilet facilities accessible from the main floor.
To the outside rear there is a courtyard area with seating for around 15 further customers.

LOCATION
The business operates from premises situated on Gipsy Lane, Willenhall. It is attached to a large serviced office block and opposite a large car park which doubles up as an overnight truck stop. Both of these allow for heavy footfall and large number of passing vehicles on a daily basis.
The surrounding area offers an ideal client base, being in very close proximity to Willenhall Town Centre. The centre sees a large footfall on a daily basis. The further surrounding area has a nice blend of residential properties and commercial/industrial businesses.

OPENING HOURS
Mon - Fri: 07:30 - 14:30
Sat: 07:30 - 12:00
Sun: CLOSED

STAFF
The business currently operates with one full time and four part time members of staff.

LEASE
Our client has advised us a new lease is to be agreed between a new owner and the landlord. The current lease has rent payable at £8,800 per annum.

REASON FOR SALE
Our clients offer the business for sale to allow them to spend more time with their family. Should the new owner so wish, they would consider remaining with the business on a part time employed basis.

FINANCIAL PROFILE
Full financial details will be made available upon request to our client.

Property Features :

  • 50+ Cover Leasehold Cafe/Bar
  • Outdoor Seating Area
  • Huge Scope For Development
  • Strong Customer Base
  • Unique And Impressive Trading Premises
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