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Restaurant/cafe for sale

£15,995

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 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.

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 £6,000 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.

What Zoopla users think of Cradley Heath

Overall rating:

  • currently 4 stars
Very good - 75% (43 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Cradley Heath:

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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

  • 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)
  • Wolverhampton Vocational Training Centre (6.3 miles)
  • St Georges Academy (6.9 miles)
  • Birmingham Ormiston Academy (7.6 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

About the neighbours in B64

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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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