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Restaurant/cafe for sale

£27,500

215 Halesowen Road, Cradley Heath B64

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Property description

Business
Hilton Smythe welcomes to the market Captain Cafe.

There has been a food based business on these premises for many years, although Captain Cafe was founded by the current owner in 2017 and is now reluctantly being sold only so he can concentrate on his other restaurant business. The premise has had a considerable amount of money spent on it and the cafe really is presented in the nicest possible way and is proving really popular with the local population.

Captain Cafe is an authentic house of Mediterranean and modern European cuisine and sells hot and cold starters, main courses, desserts, breakfasts, Fish and Chips, chicken wraps and meals, omelettes, hot and cold beverages and fruit smoothies. This is a halal cafe.

The business offers a free delivery service within a 3 mile radius and benefits from both an A3 and A5 licence.

The sale includes a quality website and the business enjoys fantastic visibility on the internet with its own Facebook page (104 likes as at January 2018) and great reviews from the likes of TripAdvisor, JustEat, HungryHouse and Groupon.

Scope to improve

Extend the opening hours.

Advertising and marketing campaign.

Open as a bistro in the evenings.

Develop the outside catering side of the business perhaps corporate, offering business lunches and buffets to local companies.

Start a sandwich round delivering to local businesses.

Consider offering Sunday lunches, big demand as lots of older residents locally.

Hilton Smythe highly advise early viewing to avoid disappointment. This business is likely to attract considerable interest.

Location
Captain Cafe is located in Old Hill, Cradley Heath.

The business is prominently situated in a corner position opposite the local Post Office and close to a number of bus stops. The property is well signed, presented and maintained to the highest possible standards.

There is free parking immediately outside the premise, along with free on street parking; there is also free parking in the tsb carpark next door to the business. The cafe further benefits from high levels of footfall and passing trade along with a regular customer base that is growing month on month.
Premises
Captain Cafe occupies the ground floor of an end terraced period property and is deceptively spacious.

Cafe/Customer seating area:

Accessed by double doors via an enclosed porch area, dual aspect with windows to front and side creating a nice, airy and inviting interior, high ceilings which enhance further the feeling of space, newly decorated throughout, period parquet flooring, electric panel heating, along with heater above door, LED lighting, wall mounted TV, nice quality tables and chairs currently providing 12 covers but room for more, bright menu boards, bespoke counter with Expobar coffee machine (nearly new and still under warranty) floating shelf and further perimeter shelving.

Kitchen:

A generously proportioned and comprehensively equipped catering kitchen. Tiled floor and walls with stainless steel cladding to one wall, window to side with external security bars, fluorescent lighting, full extraction system with stainless steel canopy, long commercial range with 9 ring gas burner and useful cupboard and shelving beneath. New panini machine, twin basket stainless steel fryer, microwave, numerous stainless steel preparation tables with generous worktops, commercial 4 compartment fridge with stainless steel worktops, Lockhart stainless steel commercial fridge, four slot toaster and numerous pots, pans and baking trays etc.

Wash up Area:

Nicely proportioned wash up area, tiled floor and walls, long chest freezer, Tandoori oven, twin stainless steel sinks with drainers, large window to side secured externally with security bars, magnetic knife storage, wall mounted fire extinguisher, separate stainless steel hand wash basin with paper towel dispenser, freestanding stainless steel shelving unit with a comprehensive stock of pots and pans etc which are all included in the sale.

Dry Goods Room:

With window to rear and perimeter shelving along with floor storage space, wall mounted Worcester combi boiler.

Staff WC:

With newly installed toilet in white and pedestal hand wash basin.

There is a 5 camera CCTV system with the capability to upgrade to 16 cameras.
Tenure
We are advised that the business is being sold on a Leasehold basis.

The current 7 year lease has six years remaining as of 2018 and the rent is a very reasonable £7,800 per annum.

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

There are no business rates currently payable.
Hours
Monday: Closed

Tuesday and Wednesday: 10am – 6pm

Thursday: 10am – 8pm

Fridays and Saturday: 10am – 9pm

Sundays: 10am – 4pm
staff
The business is run and managed by our client with the help of three part time members of staff.
Financial profile
The business reports a current turnover of approximately £36,400 per annum.

However, it needs to be appreciated that this is a new business and turnover is increasing month on month at an impressive rate as the business becomes more established.
Extra notes
Reasons to Buy

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

A3 and A5 licences.

Brilliant trading position with loads of footfall and lots of free parking close by.

Low running costs with inexpensive rent and no business rates.

Current owner happy to offer a handover to ensure the continued success.

Ideal owner managed or husband and wife business.

Includes website and all social media platforms.

Everything included down to pots, pans and cutlery making this a real turnkey business.

A real opportunity to increase turnover and profits significantly, current owner has been running at a pace to suit due to his other business interests.

This great little business won’t be on the market long, so early viewing is highly recommended.

What Zoopla users think of Cradley Heath

Overall rating:

  • currently 3.5 stars
Good - 75% (40 ratings)

Ratings breakdown:

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Nearby transport

  • Old Hill (0.6 miles)
  • Cradley Heath (1.1 miles)
  • Rowley Regis (1.6 miles)
  • Birmingham International Airport (13.6 miles)
  • Coventry Airport (25.9 miles)
  • East Midlands Airport (39.6 miles)
  • Sharpness Old Docks (54.8 miles)
  • Lydney Harbour (56.2 miles)
  • Bristol Docks Ferry Landing (72.5 miles)

Nearby schools

View all schools in Sandwell
  • Reddal Hill Primary School (0.1 miles)
  • Old Hill Primary School (0.2 miles)
  • Corngreaves Academy (0.3 miles)
  • Halesowen College (1.5 miles)
  • Newhall Theatre Project (1.9 miles)
  • Dudley College of Technology (2.8 miles)
  • Ormiston Forge Academy (0.2 miles)
  • St Michael's CE High School (1.0 mile)
  • The Westminster School (1.1 miles)
Note: Distances are straight line measurements

Local info for Sandwell

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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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