Cafes for sale in Finedon

View the "Busy Café in Finedon For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Leasehold Price: £99,999 Turnover: £126,280
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this popular and busy farmhouse style café business in Finedon, Northamptonshire.

The business was established by our clients in 2013 and is only now being offered to the market due to our clients’ desire to move abroad. The business currently operates 7 days per week and generates a turnover in the region of £126,280 per annum as per 2015 accounts, with a good gross profit.

Our clients’ offer a wide variety of fayre including breakfasts, cereals, breakfast rolls,  sandwiches and baguettes, Paninis, jacket potatoes, homemade burgers, soup and omelettes, to name a few, as well as a selection of hot and cold beverages. Our clients also offer an outside catering service, which has proved to be very popular. The property offers approximately 206 sq. metres, is very well maintained and fitted out to suit the trade with approximately 70 covers.

The business has built up an excellent reputation within the area and further afield, due to the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening in the evenings as a bistro. A new owner could also embark on a small marketing campaign to highlight the excellent food and services offered, as well as offering a delivery service.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION
Milligan’s Kitchen occupies substantial ground floor premises, ideally located within the town of Finedon in Northamptonshire. The area of the property is surrounded by a mix of commercial properties and densely populated residential areas, from which the business derives a lot of trade. The business is just off the busy Burton Road (A6), therefore benefiting from a high volume of footfall and passing trade.

Finedon is a town and civil parish within the borough of Wellingborough. According to the 2011 census it had a residential population of 4,309. The town is served by two primary schools and pre-school and early education for ages 2 and up is catered for by St Michael’s playgroup, which is rated ‘Good’ by Ofsted in July 2014.

The area of the business is served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is in Wellingborough, which is just over 3½ miles away. The business is also well served by the A-roads, with the property being just off the A6, which links to the national A-road and motorway networks. Kettering is approximately 7½ miles away and Northampton is 19½ miles away.

PREMISES
Substantial ground floor premises, in a prime trading location, briefly comprising:

Main café area with:

Immaculately presented and fitted out at considerable cost.

70 x covers.

Panoramic windows to front and side.

Suspended ceiling with concealed lighting.

Patio doors to side.

Tiled flooring.

Welsh dresser.

2 x comfortable seating areas with wooden flooring, leather sofas, coffee tables, 3 x high chairs, feature exposed brickwork, shelving and leather tub chairs.

Bespoke u-shaped serve over counter with stool seating, generous run of worktops with chrome edging strip, electronic cash register, crisp display, glass cake stands, freestanding pine storage units with cupboards and four drawers, range of white base units with milkshake mixers, hot water urn, high spec coffee machine, filter coffee machine stainless steel triple refrigerator and 2 x larder refrigerators.

Open glass fronted kitchen with:

Extraction system and filters.

Range style cooker with twin ovens, grill and halogen hob.

2 x twin stainless steel deep fat fryer.

2 x griddles.

4 x pot electric Bain-Marie.

Stainless steel preparation areas.

Hot cupboard with 6 x gastronormes.

4 x four slot toasters.

2 x microwave ovens.

Service pass with hot lights.

Panini press.

Double stainless steel sink unit and drainer.

Wall mounted utensil storage.

Perimeter shelving.

Wash hand basin with hot water heater above.

Stainless steel freezer.

2 x upright refrigerators.

Soup kettle.

Dry fryer.

Heated display with single gastronorm

Wash up area with:

Generous size room.

Large chest freezer.

Deep stainless steel sink unit with hot water heater above.

Industrial dishwasher - Winterhalter.

Hand wash basin.

Tiled flooring.

Freestanding perimeter shelving.

Stainless steel racking.

Staff room with:

12 x lockers

Hanging rail.

Office with:

Desk & chair.

Shelving on two walls.

Filing cabinet.

Safe.

WC.

Ladies and gents WCs.

Disabled WC.

External with:

Immaculately presented with visible and attractive signage.

Block paved parking area to front.

Wooden flower planters.

TENURE
We are advised Leasehold:

Original lease length: 8 years

Remaining lease length: 6 years as of April 2016

Rent: £16,000 per annum

HOURS
The business is open:

Monday – Sunday: 8.00am – 3.00pm

STAFF
The business is owner run and managed with 10 part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £126,280 per annum as per 2015 accounts, with a good gross profit.

 

 



Tenure: Leasehold

Listed by: Hilton Smythe
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