Leasehold Coffee Shop & Cafe, Birmingham, B47

Leasehold Coffee Shop & Café Located In Hollywood, Birmingham
Award Winning
A3 Consent
Licensed
Ref 3066

Asking Price £69,950 plus SAV (£1,000)

Location
This respected Coffee Shop & Café is located in Drakes Cross within the village of Hollywood in south Birmingham. Situated within a prominent and highly visible trading position on Drakes Cross Parade which benefits from other retail shops to include One Stop convenience & post office, Chinese takeaway, hairdressers, fish & chip takeaway, florists, Spar convenience store and Subway sandwich shop. All of which bring high levels of footfall to the area. The parade is easily accessed by the Alcester Road and offers ample free parking to the front and to the rear of the shop. The immediate area is densely populated with residential houses and within close proximity you have a number of businesses.

Business Description
Veritas Business sales are privileged to offer to the market this Award Winning Independent Coffee Shop & Café which is located in Hollywood Birmingham. The premises has traded as a coffee shop since April 2018 and has been in the careful hands of our client since November 2022. They are now offering the business for sale due to them wishing to relocate.
Since ownership they have kept the property in good repair and there has been continual investment in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The Café is owner operated and employs the help 1 full time, 3 part time members of staff and 2 Saturday helpers. For year ending 31st October 2024 they posted an annual turnover of £185,165 net of vat. They serve artisan coffee, loose leaf teas, hot chocolates, milkshakes, panini's, soups, breakfast & brunch items, sandwiches & lunch items, baps, jacket potatoes, waffles, homemade cakes, crisps, confectionery and soft drinks. It's a community cafe where all fayre is freshly prepared to order on site, using only the finest locally sourced produce.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times and days, by opening evenings as a bistro and converting the first floor storeroom into a seating area. They have a built a strong reputation within the local community and beyond and enjoy a high level of regular and repeat trade. This is a superb opportunity to purchase a growing business where all the hard work has been done which is a great base to build upon and as such early viewing is highly recommended. missed.

Opening Times
Monday - closed
Tuesday - Friday - 08:00 - 16:00
Saturday - 08:30 - 15:00
Sunday - closed

Leasehold
Original term: 10 years
Remaining: 8 years
Rent: £12,000 plus vat pa
Service charge: £1,474.96 plus vat pa
Rates: zero

Ground Floor
Coffee shop comprising: breakfast bar with seating for (5), tables & chairs to cover (18), 2 baby chairs, 4 x wall mounted menu blackboards, serve over sales counter with EPOS till, cash draw, ticket printer, 4 x cake display boxes, countertop drinks chiller, worktop with stainless steel wash basin, dual head espresso coffee machine (Fracino), coffee grinder (Fracino), hot water boiler (Lincat), undercounter storage shelves, 2 x undercounter fridges (Essenchill), undercounter freezer (Holdbox), wall mounted mirror and ceiling mounted air-con & hot air blower.
W/C with wash basin, baby change, wall mounted mirror and wall mounted paper towel dispenser.
Washroom with stainless steel wash basin, stainless steel sink with worktop, stainless steel worktop, blender (Buffalo), 2 x wall mounted paper towel dispensers, 2 x wall mounted metal shelves, dishwasher (Halcyon), alarm keypad and air-con thermostat. The walls have plastic cladding to them.
Hallway with stairs leading to the first floor and rear exit door.

First Floor
Dry stores with 2 x 4 tier metal storage racks with wheels, chest freezer (Vestfrost) and small chest freezer (Logic), stainless steel table with commercial can opener, blender (Buffalo), panini machine (Buffalo) and upright fridge (Adexa).
Kitchen comprising: dual contact press (Lincat), 4 ring electric hob & oven (Blue Seal), stainless steel wash basin, dual stainless steel sink drainer, 2 x wall mounted metal shelves, extraction canopy, ticket printer, saladette with stainless steel worktop and 3 door undercounter fridge (Blizzard, twin induction hob (Aobosi), stainless steel table on wheels, upright stainless steel fridge (Xtra), 4 slice toaster (Dualit), CCTV monitor (3 camera system) and a cupboard which houses the water boiler.
Hallway with wash basin, mirror and wall mounted paper towel holder.
W/C.

External
Rear bin area and parking for (1).

EPC Rating D