Status: Completed
Tenure: Leasehold
Leasehold Rent: £9,600 per annum
Turnover: £119,978
Beautifully Presented Café with Al Fresco DiningBeautifully Presented Café with Al Fresco DiningBeautifully Presented Café with Al Fresco DiningBeautifully Presented Café with Al Fresco DiningBeautifully Presented Café with Al Fresco DiningBeautifully Presented Café with Al Fresco DiningBeautifully Presented Café with Al Fresco DiningBeautifully Presented Café with Al Fresco DiningBeautifully Presented Café with Al Fresco DiningBeautifully Presented Café with Al Fresco Dining
£79,999 + SAV

Beautifully Presented Café with Al Fresco Dining

Completed
  • Reference: 13960 E
  • Location: Ludlow, Shropshire
The Café was founded approximately 12 years ago and has been run successfully by the current owner for approximately 2 years and is only being sold albeit reluctantly to concentrate on other business interests.

The business prides itself on the quality of its food which is freshly prepared on the premises using locally sourced products wherever possible. The cafe sells hot and cold drinks, breakfasts, light lunches, sandwiches, paninis and salads as well as many freshly baked cakes and sweet treats.

The Café provides around 39 covers internally with an additional 28 covers outside.

The Cottage Café has a good visible presence on the internet with fantastic reviews from sites such as Tripadvisor and has its own twitter page and a Facebook page with nearly 400 likes.

The business benefits from a 5 star hygiene rating.

Scope to improve
Extend the opening hours, open on Sundays and perhaps as a bistro in the evenings, the café closes for around two weeks over Christmas and New Year.
Advertising and marketing campaign
Introduce a sandwich round offer delivery to local businesses
Possibility to increase the number of covers.
Increase the outside catering side of the business.

TENURE

We are advised leasehold, the original lease was for 5 years and there are approximately 3 years remaining. The rent is a very reasonable £9,600 per annum and we are advised that the landlord would be happy to negotiate an extended lease with a new owner.

There are no business rates currently payable.

HOURS

Monday to Saturday 9.00am-5.00pm.

STAFF

The business is owner managed with the help of one full time and three part time members of staff.

FINANCIAL PROFILE

The business reported a turnover of approximately £120,000 per annum with gross profit at 69%.

REASONS TO BUY

Reasons to buy
Well established business with an enviable reputation and many existing customers
Beautifully presented and maintained with everything included in the sale price making this a real "Turn Key" business.
A real "Lifestyle " business offering a lucky new owner the opportunity to work in the lovely and sought after town of Ludlow...the foodie capital of Shropshire.
Ideal owner managed or husband and wife business
Current owner happy to offer a handover to ensure the continued success of the business.
Convenient and attractive Town Centre position with two allocated parking spaces.
Ludlow was described by John Betjeman as "the loveliest town in England" and by Country Life as "the most vibrant small town in the Country". Ludlow also has more Michelin Star restaurants than any other town in the country.

Ludlow has a lively 6 day market, speciality food shops and boasts many events throughout the year including Fringe Festival, Spring Festival, Medieval Christmas Fayre and the famous Food Festival which is held in September and attracts around 20,000 visitors over three days.
With over 500 listed buildings, mainly Georgian or half-timbered, Ludlow is a feast for the eyes.

Once the home of Kings, Ludlow Castle has been described as "the epitome of what a castle ought to be" - the castle dominated life in Ludlow for centuries. As a venue for festivals and events and open air theatre Ludlow Castle still plays an vital part today.

The Ludlow Museum gives a history of the town. St Laurence's Church is the custodian of the Ashes of A.E.Housman, the celebrated poet and author of "A Shropshire Lad".
Premises
The business occupies two floors of a lovely period terraced building and is presented and maintained to the highest possible standards. The business has been fully renovated at considerable cost to the present ownerand really needs to be viewed to appreciate the quality of the fixtures and fittings.

Café Service area
Windows and glazed door to front creating a light airy interior, slate effect flooring, glass ambient cake display counter, bespoke counter with shelving to front, electric till, free standing white display cabinet with integral shelving, three drawer/door pine unit, double glass fronted drinks chiller, coffee machine (brand new as of October 2016), coffee grinder, water boiler with knocking drawer, under counter fridge, perimeter shelving, freestanding plastic storage unit with 4 shelves, pine butchers trolley, pine high chair with booster seat, wall mounted newspaper and magazine rack, feature menu boards, large plastic swing bin, pendant lighting, 2 x two seater wooden table with four matching chairs, wall mounted electric panel heater, stairs to kitchen and opening to lounge.

Café -lounge
A lovely inviting room with slate effect floor and tongue and groove panelling to dado height, dado rail, high quality tables and chairs providing approximately 23 covers, comfy customers seating with 4 two seater leather effect sofas, brown leather effect tub chair, 2 wooden coffee tables, freestanding dark wood bookcase, plastic tree, feature glass ceiling lights, wall lights, large wall mounted clock, wall mounted electric panel heater. Stairs to first floor lounge/function room and WC's.

First Floor
Kitchen
Generously sized room and presented in immaculate order, large freezer, large fridge, 3 microwaves, 6 slot toaster, panini grill, under counter fridge, wall mounted paper hand towel dispenser, range of base units with generous run of work top above, freestanding wooden storage unit with shelves and large plastic swing bin. Door to wash up room and double opening doors to first floor lounge/function room.

Wash Up Room
Commercial dish washer, larder freezer, large shelf, run of worktop with useful storage beneath, large plastic swing bin.

WC's
There are two separate WC's with wash hand basin and close coupled lavatory.

Smoothy Bar
Blender, milk shake maker, under counter freezer, run of worktop with storage beneath, wall mounted coat hanger, perimeter shelving, freestanding storage unit, wall mounted paper hand towel dispenser.

First Floor Lounge/ Function Room.
Beautifully presented with a real upmarket feel, beamed ceilings, plush carpeting, impressive glass fronted mezzanine, timber balustrades to stairs, feature glass chandelier, attractive cup and saucer light fitting, quality tables and chairs providing 12 covers with room for more if required.

Exterior
There is lovely gravelled outside dining area to the front of the business which is a real sun trap in the summer months and is ideal for Al Fresco dining or to sit with a coffee and cake and watch the world go by, it is dog friendly and drinking bowls are provided.4 four seater and 2 six seater benches, 4 parasols.

(please note that the outside dining area is not included within the main tenancy agreement and is owned by a third party, currently used at no additional cost).
Two Allocated Parking Spaces