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Market Weighton - Cafe For Sale

Market Weighton, East Riding of Yorkshire
Asking Price:
£19,995 Furniture / Fixtures included
Turnover:
£42,000
Net Profit:
£11,000

Established Since 2016 By Our Client
Annual Turnover £54,000
Gross Profit £27,720
Customer Seating for 18 indoors
Outside seating for 6
EPC - E

REF 5856 – Leasehold Cafe

Blacks Brokers are proud to bring to the market this leasehold cafe located in the popular and much sought-after area of Market Weighton, East Riding of Yorkshire.

INTRODUCTION

Snack Shack has been trading on High Street since 2016 when it was established by our client. The business offers a range of fresh, hot and cold food produce in relaxed and comfortable surroundings. During this time the has firmly established itself within the local community, gaining a large base of regular customers in addition to being perfectly placed for much passing trade and tourist business.

LOCATION

Situated close to the town centre, the business is positioned on a parade of shops in Market Weighton. The area is very popular with tourists in addition to being densely populated both residentially and commercially. Well linked by the M62 and A614, the area is easily accessed and also benefits from good public transport links.

REASON FOR SALE

Snack Shack is only being offered for sale due to our client’s family commitments and commute.

LEASE

The building is available on a competitive rent on an Full Repair and Insuring Lease (FRI). The current lease is 3 year lease, with 18 month break clause at a cost of £237 per week.

BUILDING LAYOUT AND DESIGN

Snack Shack is housed within an attractive, single fronted retail unit which is very nicely presented and with a village style to it. The front of the shop is covered with a traditional style canopy and is well branded with glazed frontage and dainty table and chairs positioned outside. There is outside seating for 6 seats positioned outside in the finer weather.
Inside, the main customer servery area is, again, presented nicely, with seating for 18 and contemporary décor. The servery is well organised with display fridge and counter in place and blackboard menu displayed above. To the rear of the main servery area is a food preparation area and well-equipped kitchen alongside toilets and rear exit.
All areas are presented to a good standard with excellent fixtures and fittings.

STAFF

Snack Shack is currently operating with our client in full time employment in addition to one, part-time member of staff.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Snack Shack has traded solidly over its trading history. The business has generated a turnover of £54,000 since opening with gross profits of £27,720 and zero rates payable. Many customers are from the local area, with additional trade from passers-by, visitors and tourists in the area.

SUMMARY

This leasehold business is long-established and well-known in this area with a most enviable reputation. There is plenty of scope to develop the business further and there are even more income opportunities through potentially introducing deliveries to local businesses. This proposition would ideally suit an owner operator, able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property information

Property:

Leasehold

Business Operation

Trading hours:

Mon - Sat - 9am - 3.00pm
Sun - 10am - 2.00pm

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