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Restaurant/cafe for sale

£44,950

65B Thoroughfare, Halesworth IP19

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Property description

Business
Hilton Smythe welcomes to the market Cherie’s which was established at the start of 2016 by our client, who, due to other family commitments, needs to relocate.

The cafe has high footfall and is open for the breakfast trade and offers traditional breakfasts along with hot and cold lunches and snacks. Later on, in the day Cherie’s attracts the after-school trade, the slush machines and the pick and mix the shop has to offer is very popular at this time.

The cafe has a large amount of regular customers plus the added bonus of holiday trade during the Spring, Summer and Autumn months.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Cherie’s is located in the centre of the Suffolk town of Halesworth. Located on the main shopping road through the centre of the town, which has farmers markets and antiques fairs outside during the course of the year. There is parking close by which is free for the first hour.

Halesworth is a thriving town and close to the Suffolk Heritage coastal resort of Southwold; therefore, bringing in an abundance of holiday trade.

Premises
Cherie’s is located in the centre of the Suffolk town of Halesworth. Located on the main shopping road through the centre of the town, which has farmers markets and antiques fairs outside during the course of the year. There is parking close by which is free for the first hour.

Halesworth is a thriving town and close to the Suffolk Heritage coastal resort of Southwold; therefore, bringing in an abundance of holiday trade.

Tenure
We are advised the business is being sold as a Leasehold business opportunity.

Original lease length: 10 years.
Remaining lease length: 5 years as of 2017.
Rent: £ 12,600 including VAT per annum.

Hours
The business opening hours:

Monday-Saturday: 8am – 5pm
Sunday: 9am - 3pm

Our client often gets in early and has customers asking for morning coffee etc, therefore, earlier hours could be considered in order to create a greater turnover.

Staff
The business is run and managed by our client, with the help of 4 part time members of staff.

Financial Profile
Cherie’s generated an advised turnover of circa £78,000 as of the 2017 accounts, with a gross profit of 57%.

What Zoopla users think of Halesworth

Overall rating:

  • currently 3 stars
Good - 61% (10 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 2.5 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 2.5 stars
Schools & public services
  • currently 2.5 stars
Transport & travel

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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

  • Halesworth (0.3 miles)
  • Brampton (Suffolk) (4.0 miles)
  • Darsham (5.0 miles)
  • Norwich International Airport (24.3 miles)
  • London Stansted Airport (62.5 miles)
  • London Southend Airport (63.5 miles)
  • Southwold Ferry Landing (7.3 miles)
  • Walberswick Ferry Landing (7.3 miles)
  • Reedham Ferry South (14.9 miles)

Nearby schools

View all schools in Waveney
  • Edgar Sewter Community Primary School (0.2 miles)
  • Holton St Peter Community Primary School (1.0 mile)
  • Bramfield Church of England Primary School (2.5 miles)
  • East Norfolk Sixth Form College (18.7 miles)
  • Sir Isaac Newton Sixth Form Free School (21.6 miles)
  • Westbridge Academy (24.8 miles)
  • Saint Felix School (6.5 miles)
  • Bungay High School (7.5 miles)
  • Sir John Leman High School (7.8 miles)
Note: Distances are straight line measurements

Local info for Waveney

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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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