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Restaurant/cafe for sale

£29,950

3 Coton Lane, Birmingham B23

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Property description

Business
There has been a cafe on these premises for at least 20 years. The current owner has been running successfully for the last 3 years and is selling, due to his wish to enjoy a well-earned retirement.

The business sells traditional fayre such as breakfasts, toasties, hot and cold drinks, hot sandwiches, jacket potatoes and daily specials, it also offers a kid’s menu. The owner prides himself on the quality of the ingredients used and tries to source local produce where possible. Slims Cafe is well known for its homemade pies such as steak, cottage, chicken, ham hock, lamb hot pot, liver and onions and chilli etc; all of which are served with mash and fresh veg.

Slims Cafe has many regular customers and enjoys good reviews online. The cafe also boasts a hygiene rating 4.

There is a healthy outside catering arm that provides meals and buffets for three residential homes and the ymca. Close by there is a builder’s merchants with 300 employees that use the cafe on a regular basis. It also sells 35 takeaway Sunday lunches a week and also provides High Teas for local homes and businesses.

Scope to improve

Website

Maximise the use of social media

Advertising and marketing campaign

Consider Just Eat/ Hungry House online offerings

Extend the opening hours

Open as a bistro in the evenings.

Location
Erdington is a suburb of Birmingham that is historically part of Warwickshire and 5 miles northeast of central Birmingham and the borders of Sutton Coldfield.

Important roads that access the area include the A38 (Birmingham to Derby road), A5127 and the A47 spine road. The M6 Motorway forms the southern border of the district with connections at Junction 6 (Spaghetti Junction). There is a well-established network of bus routes through Erdington with connections to Birmingham city centre and Sutton Coldfield.

The business is ideally situated just off the main shopping area. The road on which Slims Cafe is set is a popular cut through from the High Street to Sutton New Road and as a result enjoys high levels of footfall and passing trade. Erdington is a busy and vibrant shopping centre with many of the main chain stores along with independent shops. There is free on street parking and an inexpensive car park within easy walking distance.

Slims Cafe is nicely presented and well signed, clearly visible to passing trade.
Premises
The business occupies the ground floor of a period terraced property and is presented and maintained to a high standard.

Cafe

Bay window and glazed door to front creating a light and airy interior, suspended ceiling with concealed lighting, carpeted floor with tables and chairs providing 24 covers.

Equipment includes: -

Feature menu boards

Glass fronted serve over counter

Glass fronted drinks chiller

Stainless steel preparation table

Glass cake stand

Lincat stainless steel urn

Under counter storage

Till

Wrapping area.

Kitchen

Comprehensively equipped catering kitchen presented in nice order.

Equipment includes: -

3 x under counter fridges

Single basket fryer

Lincat griddle

Extraction system

Flavel range style cooker with 8 gas burners and twin ovens

4 x microwave ovens

Panini maker

Perimeters shelving

Hand wash basin

Wash up area

Stainless steel sink with l-shaped drainer, tiled walls and hand wash basin.


WC


Staff facilities with hand wash basin.

Hallway

With 3 x upright freezers and door to rear where there is a car parking space.
Tenure
We are advised this is a leasehold sale.

The original term was for 5 years.

There are 2 years remaining as of 2017.

The rent is £507 per month.

We are further advised that the landlord would be happy to negotiate a new lease for the new owner.

There are no business rates currently payable.
Hours
7.30am - 3pm 7 days a week.
Staff
The business is run by a full-time manager with the help of 6 part time/casual members of staff.
Financial profile
The business achieved a turnover of approximately £109,000 in 2016.
Extra notes
Reasons to buy

A well-established business with an enviable reputation and many existing customers.

Everything included in sale making this a real “Turn Key” business.

Minimal running costs with low rent and no business rates.

What Zoopla users think of Erdington

Overall rating:

  • currently 3.5 stars
Good - 71% (204 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
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
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  • 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
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  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 4
  • 5

Nearby transport

  • Erdington (0.4 miles)
  • Gravelly Hill (0.7 miles)
  • Chester Road (1.0 mile)
  • Birmingham International Airport (6.2 miles)
  • Coventry Airport (18.6 miles)
  • East Midlands Airport (30.4 miles)
  • Sharpness Old Docks (61.5 miles)
  • Lydney Harbour (62.9 miles)
  • Woodside Birkenhead Ferry Terminal (77.5 miles)

Nearby schools

View all schools in Birmingham
  • Featherstone Primary School (0.4 miles)
  • Osborne Primary School (0.4 miles)
  • Saint Barnabas Church of England Primary School (0.5 miles)
  • Pathway To Success Independent School (0.3 miles)
  • Flexible Learning Centre (0.8 miles)
  • Wilson Stuart University College Birmingham Partnership Trust (1.3 miles)
  • Queensbury School (0.4 miles)
  • Highclare School (0.5 miles)
  • Erdington Academy (0.6 miles)
Note: Distances are straight line measurements

Local info for Birmingham

About the neighbours in B23

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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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