Status: Completed
Tenure: Leasehold
Leasehold Rent: £13,500 per annum
Turnover: £58,000
Fantastic Cafe in A Very Popular LocationFantastic Cafe in A Very Popular LocationFantastic Cafe in A Very Popular Location
£19,950 + SAV

Fantastic Cafe in A Very Popular Location

Completed
  • Reference: 2751 J
  • Location: Windsor, Berkshire
Hilton Smythe is delighted to introduce to the market The Courtyard Cafe. The Cafe was originally established in the 1990's. In 2014 our client took over the business and is now looking to sell due to the desire to concentrate on a new business venture.

We are advised that the business is generating a turnover of £58,000 per annum, with a gross profit of 65%. This could be greatly increased by opening in the evenings and on Sundays.

The Cafe has a fantastic, well balanced menu that changes seasonally. There is also a lunch special offer that has been proven very popular (a main course and a drink for only £7.95). Everything on the menu is homemade starting from a variety of breakfasts, sandwiches, salads, soups and main courses as well as delicious puddings. Afternoon Tea is exceptionally popular with the locals.

The menus as well as a photo gallery of dishes and much more information about the cafe, can be found on the well laid out website www.thecourtyardcafewindsor.com.

The Cafe has been quite engaged in social media with many followers on Facebook, Twitter and Instagram. Also, there are some amazing reviews on Trip Advisor which is greatly followed and supported by many visitors.

The business offers an outside catering service which contributes substantionally to the cafe's turnover.

This is an excellent opportunity for a new owner, perhaps a husband and wife team, to take this already thriving, popular and very busy business to the next level; therefore a viewing must come highly recommended. We are also advised the current owner will be happy to offer a hand over period, to help the buyer start up.

TENURE

We are advised the business is leasehold.
Original lease length 10 years
Remaining lease length 6 years with a review after 5 years
Rent £13,500 per annum

HOURS

The business opens-

Monday to Saturday: 8.30am-5pm
Sunday: Closed

STAFF

The business is run and managed by the owner and one member of waiting staff.

FINANCIAL PROFILE

The business reports turnover of £58,000 per year with a gross profit of 65%
The Courtyard Cafe is situated in the bustling part of Windsor, Berkshire. This is a fantastic location for such a great looking cafe. The historic town brings in a substantial amount of footfall due to many tourist attractions that include Windsor Castle, Ascot and Windsor Racecourses as well as an amazing Windsor Royal Shopping centre nearby.

The Cafe is located in a charming courtyard just a stone throw away from The Castle. There is also the famous Windsor Promenade just seconds away which is set on the River Thames.

Windsor and Eton train station is just a 5 minute walk away and Windsor Riverside train station on the other side is even closer.

This is a prime shopping area with a vast range of independent retail outlets. The area benefits from approximately 1.1 million visitors a year and this is set to rise year on year.
This ready to run cafe is fully furnished and well presented. It is set on a ground floor with a good size serving area which currently has 16 covers. There is a decent size kitchen, drinks area is very practical and take away waiting area is cosy and beautifully laid out. The Cafe is set in a lovely courtyard so there is a large outdoor area which currently has 24 covers with a potential for a few more. Overall, the property blends in well with its surroundings.

Equipment included in the sale:
8 aluminium tables and 24 aluminium chairs
6 wooden tables and 16 wooden chairs plus 2 bar chairs
Coffee machine recently serviced
Drinks and cake chilled display unit
Coffee grinder
2 x Fridges
New Commercial Oven
Large Freezer
Microwave
Epos till touch screen system
Deep fat Fryer double table top
Ice machine
Glass door drinks Fridge
New twin Induction hob
Utensils
Cutlery
Crockery