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Highly Rated Award Winning Cafe & Bistro In Rickmansworth For Sale

Rickmansworth, Hertfordshire, UK
Asking Price:
£139,995
Sales Revenue:
£142,969
Cash Flow:
Available on request

Business
Please quote reference B06988

Hilton Smythe is delighted to present to the market Perch & Co, an exceptionally well presented cafe bistro which established itself in this vibrant village just over 6 years ago.

Perch & Co is an independent award winning healthy and delicious bistro, coffee shop, bar and caterer which is renowned for its fresh menu offering both Persian/Mediterranean food along with British classics served with their own twist! There is an extensive food/drinks menu available to enjoy both inside or to takeaway as well as a popular line of artisan groceries and wines.

All food is made fresh to order and includes a great choice of vegan, vegetarian and meaty dishes to appeal to all tastes!

Perch & Co currently offer breakfast, all day brunch, daily/weekly specials & quesadillas.

All ingredients are sourced locally where possible - eggs/milk delivered from local farms and meat supplied by the local butcher.

As you can see from the business photographs attached, the delightful cafe space offers a distinct rustic warm feel from the vintage crockery it uses to present both food/drinks to the handwritten labels and jam jars for their juices.

In addition to their ever changing food menu, there is an extensive choice barista made coffees, smoothies, fruit juices and teas to delicious wines, beers and seasonal cocktails.

Our clients have introduced live music evening events, comedy nights and spectacular jazz performances (every last Friday of the month) to complement the core daytime trade.

Our clients can also offer the ‘Perch & Co’ experience to enjoy at your own home or workplaces with an external catering menu now available.

Key selling points -

Financial Times "Best Independent Coffee Shops in the World 2022" featured in
Winner Café of the Year Hertfordshire – Prestige Awards 2022
Voted Best Independent Family Owned Cafe & Bistro Hertfordshire - Hospitality Awards 2021
Finalist - SME Hertfordshire Business Awards 2021
Winner – TripAdvisor Travellers Choice Award 2020
Alcohol licence in place from midday to 11.30pm
Business website included
Google reviews - 4.8/5 customer score
Instagram page - over 2,200 followers
Facebook page - over 1,700 followers with a 4.8/5 customer review score
Destination business
Located in within a large residential area
Extremely close proximity to Metropolitan Underground tube station
Very loyal customer base - high end demographic
£14.82 average customer sale amount
Opportunity to increase sales turnover
New 10 year lease in place
First floor accommodation included - currently creating rental income
Rear storage included - currently creating rental income of £495 per month
First floor flat included - currently creating a rental income of £950 per month
Full business handover offered

Very rarely do food/drink led businesses of this standard, reputation or location come on to the open market and we therefore strongly recommend early enquiries to avoid disappointment.

Further growth opportunity -

Increase local deliveries
Increase the outside catering side of the business
Add a permanent evening bistro menu
Extend the current opening hours

Location
Perch & Co occupies a much sought after trading position in Croxley Green, Rickmansworth.

The business sits at the top of a very busy parade of community focused businesses which include a dental clinic, opticians, post office/newsagents, hair & beauty salons, estate agents as well several other cafes/pubs / bars. The location is also the main thoroughfare of commuters and leisure visits travelling from Rickmansworth and surrounding areas to Watford.

The parade enjoys a consistent footfall throughout the day and night due to its very close proximity to Croxley Metropolitan underground station and the large desirable residential areas which surround it.

Croxley Green is both a village and suburb of Rickmansworth in Hertfordshire located on the A412 between Watford to the northeast and Rickmansworth to the southwest.

Croxley Green is a very desirable community location which is just 20 miles northwest of central London.

There is a main bus stop located directly outside.

There is ample parking in a public car park opposite Perch & Co, with plenty of on-street parking on Watford Road as well as in the adjacent streets.

Premises

Front pavement area – table spaces for 6 covers / customers
Internal dining area – table spaces for 26 covers / customers
Rear External area – table spaces for 13 covers / customers
Equipped Kitchen
Storage facilities
Toilet facilities
Private parking space and access to private road for additional private parking

Tenure
We are advised that the business is being sold on a Leasehold basis, with 10 years remaining on the 10 year lease (new lease just signed in May 2022). The rent is £1,775 per month.

Hours
The business hours are -

Monday – Closed
Tuesday – 9:00am to 4:00pm
Wednesday – 9:00am to 4:00pm
Thursday – 9:00am to 4:00pm
Friday – 9:00am to 4:00pm
Saturday – 9:00am to 4:00pm
Sunday – 9:00am to 4:00pm

Staff
We are advised that the business has 3 full-time and 1 part-time members of staff.

Financial Profile
We are advised as per the accounts, the business generated a turnover in the region of £142,000. Further financials can be made available upon request.

Please quote reference B06988

Property Information

Property:

Leasehold

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