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Restaurant/cafe for sale

£39,999

Hempsted Lane, Gloucester GL2

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Property description

Business
Hilton Smythe is delighted to introduce to the market Monks Corner. This long established business has an enviable reputation for service, quality and value for money. Our clients a successful husband and wife team have continued to build the business since inception in 2002, and only now does the business come to the market as they look towards a well-deserved retirement.

Revenue is derived from the sale of breakfasts, a good range of hot and cold sandwiches freshly made to order, pasties and pies, hot snacks, teas and coffees, also the sale of newspapers, soft drinks and cigarettes. The business generates a turnover in the region of £78,000 per annum. Trading from a prime main road location and with very little competition in the area, the business sees high levels of repeat trade from both local residents and businesses.

The business is immaculately presented and fastidiously maintained with the addition of a parcel collection facility. Monks Corner boasts a 5 star food and hygiene rating. Our client advises that there has been a lot of interest shown for a delivery service in the vicinity, an aspect of the business a new owner may wish to explore further to develop the business. In addition there is potential to expand the outside catering part of the business, particularly the corporate side and introduce a sandwich delivery round to local businesses.

We certainly feel the new owners would benefit from the introduction of a website and having a presence on social media platforms. With the facility of on-line ordering and delivery could prove profitable.

Early viewing of this profitable concern with potential for growth is highly recommended.

Location
Monks Corner is located in an affluent residential area within the City of Gloucester.

The business is prominently situated on a main road position close to a large Sainsbury’s supermarket and close to a densely populated residential area, with mainly privately owned housing. In addition there are a large number of businesses nearby of varying types. The business benefits from extremely high levels of passing trade, footfall and repeat custom and is well known in the local area.

The area is served by the mainline railway station in the City centre. The business has a large forecourt to the front allowing ample free parking for customers.
Premises
Well maintained detached premise briefly comprising:-

Large forecourt to the front, parcel delivery facility and bright attractive signage.

Internally - Beautifully presented and maintained, vinyl flooring, fluorescent lighting, glass fronted double chiller, ice cream freezer, crisp racking, glass fronted drinks chiller, confectionery shelving, cigarette cabinet, bespoke counter with till and wrapping area, racking for newspapers and magazines.

Kitchen

Immaculately maintained stainless steel triple fridge, pie warmer, toaster, Bain Marie, induction hob, contact grill, griddle, extraction system and fryer.

Washing up area

Twin stainless steel sinks and drainer with useful storage space beneath, chest freezer, perimeter shelving, stainless steel microwave, hand wash basin with storage beneath, paper towel dispenser.

Delivery area with roller shutter door to front, further chest freezer and handy additional storage space.
Tenure
The vendors currently own the freehold and a lease will be agreed with the purchasers of the business, terms to be agreed.
Hours
The business opens:-

Monday to Friday 6.00am – 3.00pm

Saturday and Sunday closed
staff
The business is owner run and managed by our clients.
Financial profile
The business generates a turnover in the region of £78,000 per annum.

What Zoopla users think of Hempsted

Overall rating:

  • currently 4 stars
Very good - 84% (16 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
  • 2
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Gloucester (1.2 miles)
  • Cheltenham Spa (7.6 miles)
  • Stonehouse (7.6 miles)
  • Bristol Airport (38.1 miles)
  • Birmingham International Airport (46.8 miles)
  • Coventry Airport (48.7 miles)
  • Sharpness Old Docks (13.0 miles)
  • Lydney Harbour (14.5 miles)
  • Bristol Docks Ferry Landing (30.8 miles)

Nearby schools

View all schools in Gloucester
  • Hempsted Church of England Primary School (0.5 miles)
  • St Paul's Church of England Primary School (0.6 miles)
  • Linden Primary School (0.7 miles)
  • Hartpury College (4.0 miles)
  • Gloucestershire College (7.0 miles)
  • Dean Close School (7.2 miles)
  • Ribston Hall High School (1.1 miles)
  • Edward Jenner School (1.1 miles)
  • The King's School, Gloucester (1.2 miles)
Note: Distances are straight line measurements

Local info for Gloucester

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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