Property photos
£150,000
Restaurant for sale
Central Arcade, Saffron Walden CB10Local area information
Property location
Nearby amenities
- St Thomas More Catholic Primary School, Saffron Walden 0.1 miles
- R A Butler Infant School 0.1 miles
- Audley End 2 miles
- Newport (Essex) 3.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Are you ready to own a thriving business in one of England's most desirable locations? We're delighted to present a unique opportunity to acquire a beloved cafe in the heart of Saffron Walden, recently voted one of the best places to live in England. With years of successful operation, the cafe has built a strong brand and a reputation for excellence, boasting a loyal customer base and glowing reviews. The cafe features a cosy and inviting atmosphere with stylish decor, comfortable seating, modern amenities and a delightful outdoor seating area perfect for enjoying the town's charm. A well-curated menu offering delicious breakfast, lunch, and snack options. The cafe has ample opportunity for expansion, including extending the trading days and times to open on Mondays and evenings in addition to offering catering services, private hire events, and partnerships with local businesses. This is a rare chance to own a piece of Saffron Walden's vibrant cafe scene. If you are passionate about hospitality and eager to take on a rewarding venture in a prime location, this opportunity is perfect for you. For more details and to arrange a viewing, please contact us!
Location
Positioned in a fantastic trading location within the main town centre of Saffron Walden, enjoying high foot traffic from both locals and tourists. Saffron Walden is renowned for its rich history, picturesque streets, and vibrant community
Tenure
New lease available for a term to be agreed at a commencing rental of £30,000 per annum exclusive
Premises
A terrace retail shop with facia board and extending awning over a forecourt seating area which across two areas can accommodate 20 covers, glazed frontage and glazed entrance door leading into the premises which measures approximately 1,727 Sq. Ft. Over two floors (1,550 sq. Ft. Ground floor, 177 sq. Ft. First floor) and is arranged a follows
Main Cafe Area
Arranged to provide real wood flooring throughout, original art deco Lampshades x 6, low voltage led strip lights throughout the inside, both booth and chair seating for a comfortable 80 covers. WC with hand wash basin, hand dryer and baby change facility. There is also a cloak cupboard for storage for staff use
Kitchen/Preparation Top Section
Equipped with moveable thick shake counter with storage, taylor large capacity twin barrel 3 phase C712 soft serve ice cream machine, 2 double thick shake mixers, free standing freezer, 3 large capacity upright T19E true refrigerators, stainless steel table with shelf storage and a counter top with meat slicer, shelving and under counter storage
Kitchen/Preparation Middle Section
Equipped with Water softener, shelves, La Cimbali M24 twin bank coffee machine, twin counter with shelf storage, 2 x uniwell till systems with drawers up to date, stainless steel shelf, Mazzer coffee grinder, Bravil02 Novo Filter coffee machine, Hoshizaki ice cube maker machine, and the counter has small cabinet for storage
Kitchen/Preparation End Section
Equipped with large caravel granite serve over fridge (pizza fridge) top and bottom refrigeration, twin tank falcon gas fryers, blue seal 1200mm 3 group gas griddle, Thor 900mm 3 group gas griddle, small under counter freezer, Panasonic pro11 microwave, Samsung 1800W microwave, stainless steel serve over cabinet for prep and storage, small stalwart electric griddle, Falcon 4 burner professional gas oven and hob, 2 x canopies with a total of five filters, full gas extraction system with safety valve cut off covering all cooking areas. The far area is equipped with 28lb Potato rumbler, Crypto potato chipper, Mach 9100 dishwasher 3 phase stainless-steel pass-through dishwasher, hand wash only sink, 2 x double stainless-steel sinks with underneath storage, stainless steel counter with storage underneath, canopy with extraction over dishwasher
First Floor
A staircase from the ground floor leads up to a small stock room with boiler, chest freezer, and storage. There is a small office area with shelves and a desk. Storage area with a fully insulated loft hatch, with ladder to further storage
Trading Hours
Tuesday - Thursday 9 am - 4 pm, Friday and Saturday 8:30 am - 4 pm, Sunday 9:30 - 3 pm, closed Monday. The premises is licenced for the sale of alcohol and live music between the hours of 11 am and 11 pm
Staff
The business is run by one vendor on a full time basis, with the other vendor being part time doing the bookwork and wages. The vendors are assisted by 1 full time and 3 part time member of staff, with a bank of casual staff for busier times
Turnover
Gross sales average approximately £7,500 per week working to the usual high gross profit margins associated with the trade. When our clients opened the business 7 days a week, the turnover was significantly higher, so there is massive scope to increase the trading days and times, which would bring the turnover back to this level. Full financial information can be disclosed to seriously interested applicants following a viewing of the business
Business Rates
The premises is subject to a ratable value of £21,500
Legal Costs
Each party are to be responsible for their own legal cost incurred in the transaction
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
Location
Positioned in a fantastic trading location within the main town centre of Saffron Walden, enjoying high foot traffic from both locals and tourists. Saffron Walden is renowned for its rich history, picturesque streets, and vibrant community
Tenure
New lease available for a term to be agreed at a commencing rental of £30,000 per annum exclusive
Premises
A terrace retail shop with facia board and extending awning over a forecourt seating area which across two areas can accommodate 20 covers, glazed frontage and glazed entrance door leading into the premises which measures approximately 1,727 Sq. Ft. Over two floors (1,550 sq. Ft. Ground floor, 177 sq. Ft. First floor) and is arranged a follows
Main Cafe Area
Arranged to provide real wood flooring throughout, original art deco Lampshades x 6, low voltage led strip lights throughout the inside, both booth and chair seating for a comfortable 80 covers. WC with hand wash basin, hand dryer and baby change facility. There is also a cloak cupboard for storage for staff use
Kitchen/Preparation Top Section
Equipped with moveable thick shake counter with storage, taylor large capacity twin barrel 3 phase C712 soft serve ice cream machine, 2 double thick shake mixers, free standing freezer, 3 large capacity upright T19E true refrigerators, stainless steel table with shelf storage and a counter top with meat slicer, shelving and under counter storage
Kitchen/Preparation Middle Section
Equipped with Water softener, shelves, La Cimbali M24 twin bank coffee machine, twin counter with shelf storage, 2 x uniwell till systems with drawers up to date, stainless steel shelf, Mazzer coffee grinder, Bravil02 Novo Filter coffee machine, Hoshizaki ice cube maker machine, and the counter has small cabinet for storage
Kitchen/Preparation End Section
Equipped with large caravel granite serve over fridge (pizza fridge) top and bottom refrigeration, twin tank falcon gas fryers, blue seal 1200mm 3 group gas griddle, Thor 900mm 3 group gas griddle, small under counter freezer, Panasonic pro11 microwave, Samsung 1800W microwave, stainless steel serve over cabinet for prep and storage, small stalwart electric griddle, Falcon 4 burner professional gas oven and hob, 2 x canopies with a total of five filters, full gas extraction system with safety valve cut off covering all cooking areas. The far area is equipped with 28lb Potato rumbler, Crypto potato chipper, Mach 9100 dishwasher 3 phase stainless-steel pass-through dishwasher, hand wash only sink, 2 x double stainless-steel sinks with underneath storage, stainless steel counter with storage underneath, canopy with extraction over dishwasher
First Floor
A staircase from the ground floor leads up to a small stock room with boiler, chest freezer, and storage. There is a small office area with shelves and a desk. Storage area with a fully insulated loft hatch, with ladder to further storage
Trading Hours
Tuesday - Thursday 9 am - 4 pm, Friday and Saturday 8:30 am - 4 pm, Sunday 9:30 - 3 pm, closed Monday. The premises is licenced for the sale of alcohol and live music between the hours of 11 am and 11 pm
Staff
The business is run by one vendor on a full time basis, with the other vendor being part time doing the bookwork and wages. The vendors are assisted by 1 full time and 3 part time member of staff, with a bank of casual staff for busier times
Turnover
Gross sales average approximately £7,500 per week working to the usual high gross profit margins associated with the trade. When our clients opened the business 7 days a week, the turnover was significantly higher, so there is massive scope to increase the trading days and times, which would bring the turnover back to this level. Full financial information can be disclosed to seriously interested applicants following a viewing of the business
Business Rates
The premises is subject to a ratable value of £21,500
Legal Costs
Each party are to be responsible for their own legal cost incurred in the transaction
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
More information
Listed by
Gilbert & Rose Commercial
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