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Hotel/guest house for sale

£24,950

142 Cannock Road, Wolverhampton WV10

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Property description

Business
Hilton Smythe welcomes to the market Only Food and Sauces. This well-presented cafe was originally founded in 2007 and has been successfully run and managed by our client since inception in 2014. The cafe is very well known and is a regular eatery for local residents.

The cafe serves a varied menu including traditional English breakfasts, teas and coffees, hot and cold sandwiches, baguettes, salads, jacket potatoes and children's meals. The current owner prides herself on the quality of her cooking and insists on using only the highest quality ingredients, many of which are sourced locally.

The cafe is very nicely presented providing seating for 20 covers. The kitchen is a great size and provides ample work space and a good level of catering equipment, all included in the sale. The size of the kitchen also allows for a busy outside catering arm of the business.

As per the latest accounts the business generated a healthy turnover of £72,000.

A new owner should consider maximising the use of social media, in particular Facebook and Twitter, a cheap and easy way of promoting the business to new clients.

Also, included in the lease is a one bed flat above the business premises which is currently rented out for £480 per month and is accessed via a separate entrance.

Early viewing of this prime location and reputable business is highly recommended, with the business genuinely coming to the market as our client is looking for a new venture.

Location
Only Food and Sauces is located in the historic village of Wednesfield, just on the outskirts of the City of Wolverhampton

The business sits within a busy residential area and is prominently situated on a main road with other independent complimentary businesses such as a tanning shop and beauty business all serving the local community.

The business has off road free parking immediately outside and benefits from high volumes of passing traffic with the A460 being a busy commuter road into the city. The M54 connects the area to the national motorway network.

Premises
Only Food and Sauces is located in the historic village of Wednesfield, just on the outskirts of the City of Wolverhampton

The business sits within a busy residential area and is prominently situated on a main road with other independent complimentary businesses such as a tanning shop and beauty business all serving the local community.

The business has off road free parking immediately outside and benefits from high volumes of passing traffic with the A460 being a busy commuter road into the city. The M54 connects the area to the national motorway network.

Tenure
We are advised a rolling lease arrangement is in situ
Rent is £12,960 per annum.

Hours
The business currently opens:-

Monday to Friday 8.00am – 2.00pm
Saturday 9.00am – 2.00pm
Sunday 9.00am – 1.00pm

Open on bank holidays.

Staff
The business is owner run and managed with the assistance of 5-part time members of staff.

Financial Profile
As per the latest accounts the business generated a healthy turnover of £72,000.

What Zoopla users think of Wednesfield

Overall rating:

  • currently 3.5 stars
Good - 69% (64 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 3.5 stars
Transport & travel

Rate Wednesfield:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Wolverhampton (2.0 miles)
  • Bloxwich North (3.4 miles)
  • Bloxwich (3.7 miles)
  • Birmingham International Airport (18.4 miles)
  • Coventry Airport (31.0 miles)
  • East Midlands Airport (35.6 miles)
  • Sharpness Old Docks (63.5 miles)
  • Lydney Harbour (64.8 miles)
  • Woodside Birkenhead Ferry Terminal (66.0 miles)

Nearby schools

View all schools in Wolverhampton
  • Fallings Park Primary School (0.3 miles)
  • Deyncourt Primary School (0.3 miles)
  • Long Knowle Primary School (0.4 miles)
  • Wolverhampton Vocational Training Centre (3.3 miles)
  • Codsall Community High School (3.9 miles)
  • The Rural Enterprise Academy (6.2 miles)
  • Moreton School (0.4 miles)
  • Our Lady and St Chad Catholic Academy (0.5 miles)
  • Westcroft School (0.6 miles)
Note: Distances are straight line measurements

Local info for Wolverhampton

About the neighbours in WV10

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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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