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Restaurant/cafe for sale

£41,950 (£69.92/sq. ft) Offers in region of

155 Cape Road, Warwick CV34

600 sq. ft*
Interested in this property? Call +44 121 721 9902 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Cafe/Sandwich Bar Takeaway
  • Retail area with off-License
  • New lease available, term negotiable
  • Prominent main road location
  • Parking available
  • Ideal starter business

Property description

Sandwich Bar Takeaway & Off-license Located In Warwick For Sale
Ref 2156

Location
This delightful Sandwich Bar, Takeaway & Off-License business is located in the historic town of Warwick which is a popular tourist hotspot. It’s positioned within a prominent and highly visible position on the main thoroughfare, close to the town centre.

Business information
Asking Price: £41,950 plus sav
Turnover: £3,000 per week
Stock: £5,000

Leasehold
New lease available
Term: Negotiable
Rent: £12,000 per annum
Rates: £ zero

Business Description
Veritas Business Sales are delighted to offer for sale this respected Sandwich Bar, Takeaway & Off-License business which is located in Warwick. There has been a business trading from these premises since circa 1940 and this business has been in the careful hands of my clients since 1987 when it was an off-license & general store. In 1991 they introduced the café & sandwich bar takeaway. The business is now being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is operated by a husband & wife partnership along with the help of 1 part time member of staff. Cape Café has an average weekly turnover of £1,500 and they serve a fine range of breakfast sandwiches, cooked breakfasts, chips, burgers, cold sandwiches, baguettes, wraps, toasties, jacket potatoes, savouries and teas & coffees all on a takeaway basis. The off-license and general store also has an average weekly turnover of £1,500 and they retail a range of beers, wines, spirits, confectionery, tobacco, frozen foods and they are also National Lottery agents. We believe that there is further potential to extend the café business by taking out the retail area and replacing it with seating along with maybe joining an online delivery service such as JustEat or Deliveroo. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with plenty of passing trade due to its prominent location. This is a superb opportunity to purchase an established business with further potential which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Cafe Hours
Monday – Friday –8.00pm – 2.00pm
Saturday & Sunday – closed

Retail shop
Monday – Friday – 8.00am – 7.00pm
Saturday – 10.00am – 5.00pm
Sunday – closed

Ground Floor
Café comprising: Serve over chilled display counter, base units, griddle (Lincat), double deep fat fryer (Lincat), stainless steel work tops, 4 pot wet bain-marie, toaster, sink, hand wash basin, jacket potato oven, extraction unit, 2 domestic microwaves (Russell Hobbs), upright fridge and an upright freezer.
Retail shop comprising: Sales counter with National Lottery Terminal, tobacco kiosk, 2 double door pop fridges (on loan), dairy fridge, 2 double door beer fridges, chest freezer, atm cash machine, sales and display shelves and central display isle.
W/C with hand wash basin.
Small store room & meter cupboard.

External
Vendors parking for (1)
Off road customer parking for (4)

The premises benefits from air conditioning, front electric roller shutters and an 11 camera CCTV monitor system


What Zoopla users think of Warwick

Overall rating:

  • currently 4.5 stars
Very good - 86% (64 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Warwick:

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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

  • Warwick (0.7 miles)
  • Warwick Parkway (0.7 miles)
  • Leamington Spa (2.6 miles)
  • Coventry Airport (7.4 miles)
  • Birmingham International Airport (13.0 miles)
  • East Midlands Airport (39.1 miles)
  • Sharpness Old Docks (54.3 miles)
  • Lydney Harbour (55.8 miles)
  • Castle Park Ferry Landing (71.7 miles)

Nearby schools

View all schools in Warwick
  • Ridgeway School (0.4 miles)
  • Woodloes Primary School (0.4 miles)
  • St Mary Immaculate Catholic Primary School (0.5 miles)
  • The Sixth Form College, Solihull (10.9 miles)
  • Arrow Vale RSA Academy (12.7 miles)
  • Trinity High School and Sixth Form Centre (14.4 miles)
  • King's High School (0.7 miles)
  • Warwick School (1.3 miles)
  • Aylesford School and Sixth Form College (1.4 miles)
Note: Distances are straight line measurements

Local info for Warwick

About the neighbours in CV34

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Veritas Business Sales Ltd, B90 on +44 121 721 9902 * (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 Veritas Business Sales Ltd, and do not constitute property particulars. Please contact Veritas Business Sales Ltd 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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