SOLD – Rose & Grants Café & Deli, Bearsden 2622

Leasehold £SOLD

SOLD - SIMILAR BUSINESSES REQUIRED

This is a rare opportunity to acquire a bright, popular easily managed Bearsden café and deli.

A very well established coffee shop, it benefits from excellent repeat local custom as well as having two primary schools within easy walking distance giving parents a comfortable place to meet.

Weekly net sales averaging between £2,800 and £3,000.

On a superb corner site these bright 43m2 (454sqft) premises have large picture windows on to both Drymen Road and New Kirk Street in the heart of Bearsden.

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Type of business
This is a well established café that has been under the same ownership for the last 10 years. With an excellent repeat customer base and two primary schools nearby bringing many parents to the area this coffee shop has a profitable trade both weekdays and at weekends. It has a bright highly visible dual aspect corner location in the heart of the affluent Glasgow suburb of Bearsden. With space for over 22 covers this is an easily managed cafe ideally suited to an owner manager. There is on street parking on New Kirk Street and two large car parks within very easy walking distance.
Opening hours
8.30am - 5pm Monday to Friday, 9am - 5pm Saturday and 10am - 4pm Sunday.
Staff
It is run by a full time manager with one full-time and 2 part-time staff.
Tenure
Leasehold. Rent £19,000 per annum paid quarterly in advance. Current lease runs until 2035 with 5 yearly rent reviews and a break option in 2020. Rateable value £17,800 so property qualifies for 25% rates relief.
Premises
The café occupies a prime corner location close to Bearsden Cross. It extends to 43m2 (467sqft) with a bright seating area for 22 customers, kitchen/prep room and disabled access toilet.
Financial information
Net sales in the last financial year were £147,000 with good gross profit margins. This is an easily run business which the current owner operates under management. An owner manager would have the potential to further increase sales. All equipment, fixtures and fittings are owned outright and are included in the sale price.