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High Footfall No18 Coffee & Eatery In Kimberley For Sale

Kimberley, Nottinghamshire, UK
Asking Price:
£52,000 Furniture / Fixtures included
Turnover:
£196,000
Net Profit:
On request

KEY INFORMATION:

  • Tenure: Leasehold.
  • Term: 5 yrs from January 2022.
  • Rent: £18,000 per annum.
  • Operations: Hands off owner.
  • Turnover: £196,000 for the year ending April 2025.

This popular coffee shop & eatery enjoys a prime location in the centre of Kimberley. Winner of ‘Best Café’ Nottinghamshire in England’s Business Awards in 2022 and 2023 and boasting 2.1k followers on Facebook.

No18 Coffee & Eatery was established in March 2022, following a tasteful and attractive full refit. The premises are very much part and parcel of Kimberley, having been used as a café for more than 15 years. Benefitting from both indoor and outdoor seating, a prominent position with free parking immediately outside, the business draws regular repeat custom locally and further afield. This is a turnkey business with lots of potential. A change in the vendors circumstance presents this reluctant sale.

THE BUSINESS & PROPERTY DETAILS:
Location: This cafe & coffee shop trades from Unit 6, Kimberley Shopping Centre, Greens Lane, Kimberley, Nottingham NG16 2PB, in the centre of this historic Nottinghamshire town. Kimberley features a diverse shopping area centred around Main Street and the historic, cobbled James Street. It offers a mix of local independent retailers, cafes, and a Sainsbury’s supermarket. There is a generous sized car park directly outside the premises. Kimberley is easily accessible, with regular buses passing through, and is 2 miles from Junction 26 of the M1 motorway and 6 miles from Nottingham City.

The business: The café / coffee shop has 28 covers inside and 6 outside. The menu consists of breakfast options and light bites such as paninis, baguettes and scones, along with a large range of cakes; all offered as eat in or takeaway. Seasonal changes are made. Barista made coffee is very popular. The business currently has no direct competition locally.

Potential: There is still plenty of potential with this business.

  • Seeking regular orders from local business in the nearby Business Park.
  • Adding in deliveries either in house or utilising the delivery platforms such as Uber Eats, Deliveroo and Just Eats.
  • Offer external catering, extend the menu, serve afternoon teas and/or utilise the premises outside of the current opening hours for private hire for Baby Showers etc;

The premises are attractively presented. The large counter greets you as you enter the premises. The kitchen is to the rear of the counter; with all the commercial equipment you would expect in a business of this nature. There are customers toilets to the rear of the café.

KEY INFORMATION:
Takings: We are advised these average upwards of £5,000 per week.

Trading Monday to Friday 7:30am – 4:30pm, Sat 8:00am – 4:30pm & Sun 9:00am – 3:30pm.

Staff: A team of 6 staff which includes both a manager and supervisor. 3 full time staff are required Mon, Thurs, Fri & Sat, with 2 staff on Tues, Weds & Sun. NB: the vendor does not work in the café (other than ad hoc cover averaging 2 days per month). The staff manage the rotas, ordering and day to day running of the business.

Service charge: We understand that there is a service charge of £2,132 per year.

Stock: To be taken at value. Modest, mostly fresh daily, estimated at £2,000 maximum.

NB: The ‘sister’ café No 18 in Calverton is also ‘For Sale’. Therefore, the use of the business name and social media account will be decided at the time an offer is made. As a minimum the name No19 Coffee & Eatery is permitted for 3 months (potentially on a permanent basis).

SUBJECT TO CONTRACT

VIEWING is strictly by prior arrangement with us. By all means view the business discreetly, but on no account contact any of the staff or the vendor direct.

Summary: This is a popular town centre café and coffee shop, benefitting from regular customers and loyal staff. The attractive annual turnover of £220,000 (excluding VAT) could quickly be increased upon with the addition of deliveries. Act quickly to secure this high sales business and reap the benefits.

Please complete the enquiry form for the full sales particulars.

Property Information

Property:

Leasehold

Lease Terms:

Lease term is 5 years from January 2022.

Leasehold Rent:

£18,000 per annum

Location:

Unit 6, Kimberley Shopping Centre, Greens Lane, Kimberley, Nottingham NG16 2PB. Set amongst other retail units and across from Sainsbury's in the main shopping area of Kimberley with free parking and main bus routes.

Premises Details:

Very attractively presented. A large counter greets you as you enter the premises. The kitchen is to the rear of the counter; with all the commercial equipment you would expect in a business of this nature. There are customers toilets to the rear of the café.

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Plenty of potential. Please see the listing details for examples.

Competition / Market:

Limited competition within the area. Sainsbury's no longer has a cafe in store.

Reasons for selling:

A change in the vendors circumstances.

Trading hours:

Monday to Friday 7:30am – 4:30pm, Sat 8:00am – 4:30pm & Sun 9:00am – 3:30pm.

Employees:
The employees manage the business on a day to day basis. A team of 6 staff which includes both a manager and supervisor.
Years established:
Almost 4 years. Established in March 2022.

Other Information

Support & training:

The experienced staff and vendor will support the new owners during an agreed handover period.