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Cafe And Coffee-shop With Take-away Nottingham For Sale

Nottingham, Nottinghamshire
Asking Price:
£39,500
Turnover:
£134,952
Net Profit:
Available on request

CAFE/COFFEE-SHOP/TAKE-AWAY/DELICATESSEN

BUSINESS ‘FOR SALE’ AS A GOING CONCERN

BUSY SHOPPING CENTRE LOCATION

DENSELY POPULATED AREA

SPACIOUS LOCK-UP PREMISES

EXTENSIVELY FITTED AND EQUIPPED THROUGHOUT

10 COVER CAFE + OUTSIDE SEATING FOR 8

ASKING PRICE: £39,500 + S.A.V.

(PRICE ENORMOUSLY REDUCED FROM £57,500 DUE TO ILL HEALTH)

REF: 5796

* * * * * * *

SITUATED WITHIN A NOTTINGHAM SUBURB SHOPPING PRECINCT


This long established concern is conducted from extremely well presented double fronted lock-up premises and prominently positioned within a Nottingham Suburb shopping precinct alongside a variety of local and National concerns. This long established concern is conducted from extremely well presented double fronted lock-up premises and prominently positioned within a Nottingham Suburb shopping precinct alongside a variety of local and National concerns. The business is conducted by the Vendor full-time plus Assistants: - 1 full-time, 1 part-time and 1 Saturday Assistant. The business has been in the current owners hands for the past 9 years and now regrettably health issues give rise to this lucrative sale. The business has been in the current owners hands for the past 9 years and now regrettably health issues give rise to this lucrative sale.

The business concentrates on breakfasts, filled rolls and sandwiches, pies and pastries, locally produced cakes, snacks and also has a selection of deli’ items plus a wide range of hot and cold beverages.

The potential to expand and increase the turnover and profits of this business could possibly be huge. By reason of the densely populated area maybe the introduction of a delivery service, outside catering packages for Buffets and Parties could possibly be quite advantageous. Maybe the addition of a website, advertising the Business and type of products sold could possibly be extremely favourable for further growth to the Business.

We are informed by the vendor she is prepared to offer a period of oversee (if required) to enable the new owner(s) to settle in.


FRONTAGE: -

18ft 0in. Fully glazed frontage with central glazed double entrance doors. Outside seating area with 8 covers over 2 tables.

SALES AREA/CAFÉ: -

41ft 6in X 18ft 0in. Terrazzo tiled floor, suspended/illuminated ceiling. Cafe seating area to the front with 10 covers over 6 tables. A range of refrigerated counter display units with prep’ benches behind. Multi-tiered refrigerated display unit, shelving & racking for product display. To the rear is the Prep’/Utility Area with an extensive range of equipment to include Mono 4 tray oven, refrigeration and freezer units, s/s prep’ tables, s/s sink and drainer unit, etc.

STORAGE AREA to the rear, with W.C. off with separate Wash Room. Door from Storage Area to rear loading bay and vehicle parking.

TENURE: -
The premises are held by way of a 10 year lease from March 2016 with a rental review after the 5th year of the term. The current rent passing is £9,462.96p plus VAT p.a.x. This includes the service charge to the premises.

ECP RATING C.

THE BUSINESS

TAKINGS
We are informed by the vendor that the sales figure for the past year were £134,952 net of v.a.t. Management figures to the business for the current year will be made available to genuine applicants.

STAFFING
Vendor full-time plus Assistants: - 1 full-time, 1 part-time and 1 Saturday Assistant.

TRADING HOURS 8.00am – 4.00pm Monday to Saturday.

Property information

Property:

Leasehold

Leasehold Rent:

£9,463 per annum

Location:

The premises are prominently positioned within a Nottingham Suburb shopping precinct alongside a variety of local and National concerns.

Premises Details:

FRONTAGE: -

18ft 0in. Fully glazed frontage with central glazed double entrance doors. Outside seating area with 8 covers over 2 tables.

SALES AREA/CAFÉ: -

41ft 6in X 18ft 0in. Terrazzo tiled floor, suspended/illuminated ceiling. Cafe seating area to the front with 10 covers over 6 tables. A range of refrigerated counter display units with prep’ benches behind. Multi-tiered refrigerated display unit, shelving & racking for product display. To the rear is the Prep’/Utility Area with an extensive range of equipment to include Mono 4 tray oven, refrigeration and freezer units, s/s prep’ tables, s/s sink and drainer unit, etc.

STORAGE AREA to the rear, with W.C. off with separate Wash Room. Door from Storage Area to rear loading bay and vehicle parking.

Business Operation

Expansion Potential:

The potential to expand and increase the turnover and profits of this business could possibly be huge. By reason of the densely populated area maybe the introduction of a delivery service, outside catering packages for Buffets and Parties could possibly be quite advantageous. Maybe the addition of a website, advertising the Business and type of products sold could possibly be extremely favourable for further growth to the Business.

Reasons for selling:

A regrettable sale due to ill health

Trading hours:

8.00am – 4.00pm Monday to Saturday.

Employees:
1 Vendor full-time plus Assistants: - 1 full-time, 1 part-time and 1 Saturday Assistant.
Years established:
The business has been in the current owners hands for the past 9 years

Other Information

Support & training:

We are informed by the vendor she is prepared to offer a period of oversee (if required) to enable the new owner(s) to settle in.

Contact Broker

Contact Information

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