Leasehold Café Located In Castle Vale
Trades Only Monday - Friday
Ref 2900

Location
This established Cafe is located in Castle Vale, Birmingham. Situated within a light industrial unit on Caslle Vale Enterprise Park, along with 40 other units. Located just (1km) from J5 of the M6, (2km) from J8 of the M42 and (3.5 miles) from Birmingham City Centre, the estate is well within the heart of the Midlands Motorway Network and Golden Triangle providing quick and easy travel to and from the estate. Castle Vale sits approximately (3 miles) from Chester Train Station and only 4 miles from Birmingham City Centre. Access to the property is either from the A38 dual carriageway from the west, or the A4097 to the east via Park Lane

Leasehold Asking Price: £34,950 plus SAV (£500)

Business Description
Veritas Business Sales are privileged to offer to the market respected Café which is located in Castle Vale. The business has been established since 2007 and has been in the careful hands of our client for the past 11 ½ years. They are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have kept the premises in good order and there has been continual investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Spitfire Café is owner operated with the help of 1 part time member and for year ending 30th April 2022 posted an annual turnover of £76,441 with a GP of £51,633 (67.5%) producing a net profit of circa £35,000. All trade is walk in and the menu offers cooked English breakfasts, vegetarian breakfasts, freshly cut hot & cold sandwiches, baguettes, jacket potatoes, burgers, which can be served with teas, coffees and cold drinks.
We believe that there is potential to increase trade by extending the current opening times and opening on Saturdays and by joining the online delivery portals such as Just Eat and Deliveroo. The business has built a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established Café which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday - Friday - 8:00pm - 2:00pm
Saturday & Sunday - closed

Leasehold
Term: 3 years
Remaining: 18 months
Rent: £2,886.96 pa
Service charge: £1,926.24 pa
Rates: zero

Ground Floor
Takeaway comprising: tables and chairs to cover (8) with additional breakfast bar seating for (4), upright freezer (Beko), serve over sales counter with counter top drinks fridge (Tefcold), saladette, cash register, base units, 2 x electric ovens (Cookworks), hot water urn (Lincat), stainless steel sink drainer with wash basin, base units, stainless steel worktop, 2 x microwaves (Sharp), 2 x 4 slice toasters, 4 pot wet bain-marie (Buffalo), single griddle (Lincat), double griddle (Lincat), stainless steel wash basin, extraction canopy, single deep fat fryer (Caterlite), undercounter fridge, undercounter freezer, halogen oven, upright fridge freezer (Hotpoint), upright fridge (Hotpoint) and insect zapper.
The café comes with a variety of plates, crockery, cups, mugs, saucers and cutlery and benefits from internal roller shutters.

External
Frontage with front seating for (10).

EPC Rating C

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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