Cafe & Accommodation in Halstead

Assigned Agent
Location
Price
£ 49,995
  • Price £ 49,995
  • Agent Neil Mansell
  • Property type Cafe
  • Reference EX3758
  • Contract type Leasehold
  • Location Halstead
  • Listing categories Restaurant / Cafe

SUMMARY

This is a unique opportunity to own and run a lifestyle business that comes with accommodation situated above the business premises. The café has been run by the current owners for the last 4 years however previously has also been run as a restaurant, tea rooms and a fish and chip shop.

 

Located in a well presented Grade II Listed building but with the added bonus of a covered courtyard area as well there is an opportunity for someone to continue to build the existing business but also with the ability to benefit from the accommodation above.

 

LOCATION

Halstead is a small town located in North Essex. It has a population of 12,000 and sits north of Braintree and North West of Colchester. The A131 runs through the town and out into Suffolk.

 

The café is situated just off the main High Street on Hedingham Road. Customers can park on the High Street and walk to the café.

 

THE PROPERTY

The property is approximately 350 years old and offers plenty of character and appears to have been well maintained. Internally the restaurant measures approximately 450 sq.ft however it also benefits from a rear courtyard which is covered and offers further capacity for seating especially during the better weather months.

 

The inside restaurant holds 20 covers with an additional 14 covers in the courtyard.

 

THE BUSINESS

The current owners have run the business for over 4 years and have built up an excellent reputation within the local community and online.  They are now selling so they can purchase another business in a different location.

 

With the accommodation above being accessible through the café this is a lifestyle opportunity where someone can run a business as well as base themselves on the premises.

 

The business is currently open 5 days per week at the following times:

 

9am – 3pm (Tues – Sat)

 

There is plenty of scope to open the business for longer hours or different days as well as to vary the current theme or cuisine being offered. There is an Alcohol License with the property and this could facilitate more evening trade should someone wish to go down that route.

 

BUSINESS RATES

The Rateable Value (RV) is £5,000 from April 2017. The business does not currently have to pay business rates. Please see the Valuation Office Agency website at www.voa.gov.uk for more information.

 

PRICE

To include leasehold premises: £49,995 plus SAV

No EPC Rating is required as the building is Grade II Listed.

  • Address 1 Upper Chase
    Chelmsford
    Essex
    CM2 0BN

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