Property

Well Established Popular Cafe & Sweetshop

South West - Cinderford

Full Description:

Pegasus Business Broker is pleased to be working with the owners of The Roundabout Cafe & Sweetshop, Cinderford on the sale of the business.

Established back in 2019, this extremely popular cafe has the most amazing location situated on the roundabout at the top of the High St in Cinderford.

This popular little cafe has been serving a good variety of freshly cooked hot and cold food to the local community and visitors alike. The owners have also introduced a bit of a sweetshop theme to the shelves which is very popular with the children in the local area.

There is indoor seating for circa 16-18 and outdoor seating for circa 8 -10 in a small courtyard.

We understand that the property is currently on a 3-year lease and ends on Oct 2022 with a new lease for the buyers. The current rent is £600 P/M with no rates.

The business is being sold with all equipment included most of which has bought from new and is all in particularly good condition. (Please call or email for a full breakdown of equipment).

This really is a fantastic example of a Great British Cafe and viewing is essential.

Please call or email for more details or to arrange a viewing. DO NOT CONTACT THE BUSINESS DIRECTLY.

Key Features:

  • Established Business
  • Great Town Centre location
  • Offers Invited
  • Fully Fitted
  • Open Plan Trading Area
  • Offers Invited

Tenure, Rent and Rates:

  • Tenure: Leasehold
  • Rent: £7,200
  • Rates: Small Business Relief

Key Financials:

  • Asking Price: £36,950
  • Annual Turnover: £29,000
  • Annual Net Profit: £9,900
Reference: UNI848
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Speak to us confidentally call 0333 006 9460 or email us at info@pegasusbusinessbroker.co.uk

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