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Restaurant/cafe for sale

£36,999

18 High Street, Andover SP11

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Property description

Business
Hilton Smythe welcomes to the market Cafe Oasis. This business was originally established in 2004. The owner first took over the cafe in October 2011 but is now looking to sell the cafe due to ill health.

The business runs as a traditional cafe offering a great selection of homemade products. They make sandwiches, baguettes, hot breakfasts, homemade cakes, quiches and a great selection of drinks including milkshakes. Additionally they offer outside catering for private functions. Most orders come from funerals and private birthday party. The cafe does also offer Christmas lunches and catering for large gathering at the village hall.

The cafe sources products from the local fruit and veg purveyors.

The business sees a large amount of trade from local builders, business owners, council workers and tourists. There is also a loyal clientele of over 65’s. This cafe is the only one of its size in the town and is highly recommended by the local parish.

The cafe currently generates a turnover of around £26,000 per annum with a gross profit of 62%. This is a reasonable turnover however we feel this could be increased in several ways. One way would be to focus more trade on the outside catering. This is a great arm of the business that has the potential to bring in huge trade.

In the area there is over 600 new homes being built, this includes new military homes and a school. This should attract and boost trade at the cafe.

The business offers gluten free options to customers this includes the very popular vegetarian breakfast. Not many cafe’s offer Gluten free products and this should be promoted more. A Facebook page would be a great platform to advertise. Free advertising on social media sites is highly effective.

Hilton Smythe highly advise early viewing of this popular town centre cafe.

Location
Cafe Oasis is located in Ludgershall, Andover, Hampshire.

The business is situated on an arterial a-road in the town centre of Ludgershall. The cafe is amongst a retail parade of stores, there is a beauty salon, hair salon, butchers, fruit and veg shop and a post office and convenience store. This is a great location as there is on street bay parking directly outside the property. Also in the area is a plethora of residential property from which the business receives a large amount of trade.

Ludgershall is a historic town that draws in an abundance of visitors each year. There is the famous Ludgershall Castle, Andover railway line and many heritage walks.

The road on which the business is situated on runs from the centre of Ludgershall all the way over to Upavon. There are many major towns and cities just a short commute away. Southampton is just a short 45 minute drive away and Bristol is also just 1 hour away. This is a great location for those wanting to commute to the centre of London. The train station that heads directly into London is in the centre of Andover. It is however, a 2 hour drive.
Premises
The cafe is a substantial size. Across the front of the property are large windows, this allows for a bright and airy interior. There is seating outside under the canopy that runs across the front.

Inside is the open plan seating area which has high ceilings. The seating choice allows for a clean open feel. There are several two seater tables around allowing for 20 covers. To the right of the entrance is the large service counter. Behind is the kitchen area which is visible to the seating area.

Through to the rear of the property is a storeroom, customer toilet, preparation area, further storage and refrigeration storage.

Equipment included in the sale is as follows-

Chest freezer

Upright freezer

Solid wood counter with shelving storage underneath

Lincat salad counter top fridge unit

Till

2 x arm semi-automatic ‘ la spaziarle’coffee machine

Grinder

Tall fridge freezer

Rang master oven ( 6 X gas rings with 2 ovens)

Dishwasher

Fridge freezer

Preparation sink

Hand wash sink

Panini grill

Soup kettle

Milkshake blender

Lincat chip fryer

Base and wall store cupboards

Led freezer and glass fronted cool point drinks fridge

3 x wall mounted electric heaters
tenure
We are advised the business is being sold as a leasehold opportunity.

Original lease length: 5 years

Remaining lease length: 4 years

Rent: £5,000 per annum
hours
The business is opening hours-

Monday – Friday: 8:30am – 3:30pm

Saturday: 8:30am – 2pm

Sunday: Closed
staff
The business is run and managed by our client with the help of weekend staff.
Financial profile
The business generates a turnover in the region of £26,000 per annum.

Gross profit 62%

What Zoopla users think of Ludgershall

Overall rating:

  • currently 3.5 stars
Good - 70% (13 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

Rate Ludgershall:

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

Nearby transport

  • Grateley (6.0 miles)
  • Andover (6.4 miles)
  • Bedwyn (8.6 miles)
  • Southampton Airport (24.1 miles)
  • Bournemouth Airport (34.3 miles)
  • Bristol Airport (48.2 miles)
  • Southampton Vehicle Ferry Terminal (26.6 miles)
  • Southampton Passenger Ferry Terminal (26.7 miles)
  • Hythe (Hants) Ferry Terminal (28.4 miles)

Nearby schools

View all schools in Wiltshire
  • Ludgershall Castle Primary School (0.3 miles)
  • Wellington Primary Academy (1.8 miles)
  • Clarendon Junior School (2.0 miles)
  • Marlborough College (12.1 miles)
  • Salisbury Sixth Form College (15.0 miles)
  • South Wiltshire UTC (15.1 miles)
  • The Wellington Academy (0.8 miles)
  • Grateley House School (5.7 miles)
  • Harrow Way Community School (5.9 miles)
Note: Distances are straight line measurements

Local info for Wiltshire

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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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