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Restaurant/cafe for sale

£39,000

16A High Street, March PE15

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Property description

Business
Hilton Smythe welcomes to the market Meat and Eat, a busy cafe and butchers business; The butchers was established 2 years ago and the cafe was set up just over a year ago. Our client is no looking to sell to concentrate on their main butchers shop.

The business is split approximately 80% cafe and 20% butchers trade; the stores are interconnected by a doorway.

The Cafe is in the owner’s own words “more than just a cafe” serving great food cooked in house, from breakfast until lunch 6 days a week, a 4 meat carvery is also available on Sundays and pizza evenings on Thursdays and Fridays.

The businesses are both currently stocked by our client’s main butcher shop and is comfortable continuing to stock the shop for the new owner, if they so desire.

There is a repeat trade throughout the opening hours and the carvery and pizza evenings are a great success, bringing in clientele from further afield.

The establishment enjoys 5* Facebook reviews. Meat and Eat currently does not have a website, as this is currently combined with the owners main butchers shop.

The lease allows the premises to be open longer hours, if so desired to create a greater income.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Meat and Eat is located in the Fenland Village of Manea, a few miles outside of March in Cambridgeshire.

Manea is a well-served village with a population of over 2000 creating a high footfall as this is the only cafe in the village. There is parking for several cars directly outside the premise and plenty of roadside parking.

Manae has its own train station and is approximately 5 miles from A142 which has links directly to Ely.
Premises
To the front there is hard standing for 5 or 6 vehicles. In the summer months this area is used for outside seating.

There are two entrances to the premises, one to the cafe and the other to the butchers and there is an intercommunicating doorway between the two.

The cafe has seating for 32 which includes a soft seating area with TV. There are doors to the disabled access WC with baby changing facilities and to the store room.

The main serving area/kitchen has a double pizza oven, double oven, coffee machine, carvery area with hotplates and hot food storage, griddle, double deep fryer, Bain Marie, industrial extractor fan.

Within the foyer area there are 2 display fridges and 2 display freezers.

The butchers shop has a display freezer, 2 upright display fridges, main display fridge/counter area, cold meat slicer, stainless steel preparation table and double sink.

There is a storage room, accessed by the rear of the cafe and also via an electric roller door to the side. This area has 3 freezers, fridge and ample shelving.

Outside to the rear is side access that leads to a further hard standing giving staff parking.
Tenure
We are advised the business is being sold as a Leasehold business opportunity.

Original lease length: 3 years.

Remaining lease length: 3 years as of 2017.

Rent: £6,000 per annum.
Hours
The business opening hours:

Monday-Wednesday: 9am – 3pm

Thursday: 9am - 3pm and 6pm - 9pm

Friday: 8am – 3pm and 6pm – 9pm

Saturday: 8am – 3pm

Sunday: 9am – 3pm

The lease permits longer opening hours if needed to create further income.
Staff
The business is run with the help of 3 part time and 2 full time members of staff.
Financial profile
Meat and Eat generated an advised turnover of circa £150,000 as of the 2017 accounts.

What Zoopla users think of Manea

Overall rating:

  • currently 4 stars
Very good - 84% (20 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 Manea:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 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

  • Manea (1.1 miles)
  • Littleport (6.1 miles)
  • March (6.4 miles)
  • London Stansted Airport (41.4 miles)
  • London Luton Airport (48.0 miles)
  • Norwich International Airport (48.0 miles)
  • King's Lynn Ferry Landing (20.9 miles)
  • West Lynn Ferry Landing (20.9 miles)
  • Reedham Ferry North (58.0 miles)

Nearby schools

View all schools in Fenland
  • Manea Community Primary School (0.2 miles)
  • Thomas Eaton Primary Academy (4.2 miles)
  • Downham Feoffees Primary School (4.3 miles)
  • Shelldene House School (9.7 miles)
  • Cambridge Regional College (17.2 miles)
  • Huntingdonshire Regional College (18.0 miles)
  • Neale-Wade Academy (5.3 miles)
  • Cromwell Community College (5.7 miles)
  • Ely College (6.3 miles)
Note: Distances are straight line measurements

Local info for Fenland

About the neighbours in PE15

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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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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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