The Veg Box Café, a specialist vegetarian and vegan enterprise in the historic city of Canterbury has been sold through specialist business property adviser, Sidney Phillips.
The Veg Box Cafe is located in Canterbury, an historic Cathedral City and UNESCO World Heritage Site, world renowned for its impressive Cathedral, Castle and Medieval Gate Houses. Modern attractions include the Marlowe Theatre, Canterbury Tales and a bustling shopping district. The city is also home to a large student population (in the region of 31,000 students) spread across three Universities. The city acts as a business and shopping hub for those in the East Kent area and is a popular tourist destination throughout the year.
The Veg Box Café occupies a lock-up unit located along Burgate, a busy cobbled street thoroughfare in the heart of the City, between the Cathedral and Christchurch University, which has been wisely invested in in recent years. The business forms part of the 'Cathedral Quarter', a collective of speciality shops, bars and restaurants that enjoy additional marketing organised by the Diocese.
Occupying two A3 units measuring in the region of 1,045 sq ft, the property is capable of providing seating for 45 internally, with a further 30 externally.
Our clients Mr & Mrs Child had owned and operated the Veg Box Café for the past 12 years, 3 years in its current premises, and built a highly successful business focused on vegetarian and vegan food, a unique offering in Canterbury. As a result of the business being the only venue in the City to offer such a cuisine, it enjoys a captive audience from locals, students and tourists.
Robert Cockayne, Regional Valuations Manager for the London & South East handled the sale and comments, “The business is in continual growth year-on-year, occupies a strong trading position in the city and presents a unique and trendy offering. There was no doubt that strong interest was going to be generated on the open market.”
“We have concluded the sale of the business and premises to a husband and wife team from Kent, who are ideal candidates to take this business to the next level.”
”We have available other business for sale in Canterbury, including Cafe Turquoise and Bramley’s, both great opportunities.”
Sidney Phillips sold The Veg Box Café off a leasehold asking price of £115,000.
For further information about businesses for sale or how to buy a business, please contact Sidney Phillips on 01892 725900 or please Click Here.