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Established Cafe/Bakery In Cumnock For Sale

Cumnock, East Ayrshire, UK
Asking Price:
£30,000 The business is offered for sale as a going concern to include goodwill, fixtures & fittings
Turnover:
Undisclosed
Net Profit:
Undisclosed

The subjects comprise a mid-terraced single-story property that benefits from Class 3 cafe/bakery use. The property is of masonry construction and sits under a pitched, slate-tiled roof.
The cafe is accessed via a flush single pedestrian door, which leads up an accessible ramp to the serving counter. The commercial kitchen is fitted out to a good standard with a range of stainless steel units, utility basins, and fixtures. A comprehensive range of floor- and wall-mounted-style units are installed with appropriate worktops. The floor is covered in commercial vinyl/laminate, the walls covered with plaster/ paint, and the ceiling incorporates a mix of LED tubes and pendant lighting. There is an accessible WC and ancillary accommodation to the rear.

New Cumnock is a small town located at the confluence of the Afton Water and the River Nith. It lies 5 miles south-east of Cumnock, 21 miles east of Ayr, and 20 miles south-east of Kilmarnock. The town sits on the A76, the main road connecting Kilmarnock with Dumfries (37 miles). New Cumnock has its own railway station on the Glasgow-CCarlisle route.
The property is located on the south side of Afton Bridge, close to its junction with Mason Avenue. The property enjoys excellent public transport connections, with regular and bus services passing along Afton Bridgend, and New Cumnock rail station takes less than 3 minutes to reach. The surrounding area is predominantly residential in nature.

Trading Information: Plakous Cafe specialises in handcrafted Greek stuffed pies, which are made every day on site. The property benefits from Class 3 consent. The current operators have decided to sell the business due to a change in circumstances, thus creating an exciting self-employment opportunity. The business benefits from good levels of repeat business from locals, surrounding villages, and traffic via the A76. The business trades Monday to Friday from 8:30 a.m. to 4pm and Saturday from 9am to 2pm, with the potential to extend these hours.

Offers: The business is offered for sale as a going concern to include goodwill, fixtures, and fittings for offers in the region of £30,000 plus stock at valuation. Proof of sales will be made available to seriously interested parties after the viewing stage.

Tenure: The lease is available by way of assignment for the residual term of the lease, which expires in July 2027. The current rent is £4,800 per annum.

Rateable Value: According to the Scottish Assessors Association, the subjects have a Rateable Value of £2,100.

EPC: A copy of the Energy Performance Certificate (EPC) is available upon request.

Key selling points:
Established business

Class 3 hot food premises

Self-employment opportunity

Potential to increase sales

Turnkey opportunity

VAT-free rent

Property Information

Property:

Freehold

Size in square feet:
615 sqft