Page main header

Skip to main content
Close main menu
Open main menu

Property Listing Details

Restaurant/cafe for sale

College Court, Regent Circus, Swindon SN1

  • Sold subject to contract
  • Business for sale

£34,995

Property details

Listing view statistics

Last 30 days: 7 page views

Since listed: 253 page views

Description

Business
Hilton Smythe welcomes to the market this busy café/restaurant in a prime trading position within Swindon town centre, offering a varied menu for breakfast and lunch in vibrant surroundings, with a particularly busy breakfast trade.

The current owner has run the business for many years, with the café itself being there for more than 20 years. The owner is now looking to sell due to ill health.

Regent café is a TripAdvisor highly rated eatery serving an excellent menu range from extremely well fitted 2-storey air-conditioned premises. Benefitting from high volume of year-round regular and passing trade. With huge scope for expansion by offering deliveries, private parties and extended hours into the evening.

Priced for genuine sale after many successful years trading in same hands with valuable inventory of equipment included.

An internal inspection is highly recommended to appreciate the location and quality of this great business.

Location
Regent Café is situated in this busy and popular area of Swindon, in the town centre close to all amenities.

Swindon is a large town in the ceremonial county of Wiltshire, South West England, midway between Bristol, 35 miles to the west, and Reading, the same distance to the east. London is 78 miles to the east, and Cardiff is 78 miles to the west. At the 2011 census, Swindon's built-up area had a population of 182,441.

Swindon itself offers great access to all surrounding areas via the A419 and M4, north south east and west.

Premises
These are easily managed, but very good-sized premises, covering approximately 98.5 sqm over 2 floors.

The main restaurant area is on the ground floor with tables and chairs for up to 38 covers, serving counter and till, large commercial kitchen, preparation/freezer room and side access.

On the first floor you have a further restaurant area with 30 covers, together with his and hers toilets.

The business is being sold with a wide range of good quality equipment to include:-
A 3 chest fridge with stainless steel preparation area over,
Full extraction hood,
Drinks fridge,
Display chiller,
Twin fryers,
Grill,
Bain marie,
3 microwaves,
Panini grill,
3 chest freezers,
Baguette grill,
Upright freezer,
Dishwasher,
6 ring gas cooking range,
Toaster,
Till,
Tables and chairs, cutlery crockery etc.

The property also benefits from gas water heating, has a security shutter to the front and tables and chairs for alfresco dinning when needed.

Offered for genuine sale at a great price. Viewing a must.

Tenure
We are advised that the business is being sold as a leasehold opportunity, on a 15-year lease with a rent of £24,000 per annum.

Hours
Monday to Saturday 8:00 a.M. To 4.00 p.M.
Sunday Closed.

These hours have varied some recently due to the owner’s ill health

Staff
The business is currently run by the owner and 3 other part time members of staff.

Financial Profile
We believe from the owners that the business is turning over around £2,000 to £2,500 per week.

According to the voa website the current rateable value is £15,000, with rates payable of around £7,000 per annum.

Map & Nearby

Local Amenities

  • Swindon (Wilts) 0.5 miles
  • Holy Rood Catholic Primary School 0.2 miles
  • King William Street Church of England Primary School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Swindon (Wilts) 0.5 miles
  • Holy Rood Catholic Primary School 0.2 miles
  • King William Street Church of England Primary School 0.4 miles
Switch to next tab

Want an expert valuation of your home?

Book an agent valuation
Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.