Cafes for sale in East Yorkshire

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Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £109,000 Price Reduced Turnover: £208,000 Gross Profit: £135,000
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Business Description
Hilton Smythe is delighted to welcome to the market Excellent Café. The business was originally established in 1996 but was taken over by our client in 2008. The owner is now looking to sell the business due to the desire to focus on other business interests.

The business runs as a large 60 cover café, selling a range of hot and cold food. There is the option to eat in or takeaway. They sell a range of products such as sandwiches, jacket potatoes, burgers and chips, paninis, hot breakfasts and much more.

The café is currently generating an advised turnover of around £208,000 per annum with a gross profit of 65%. This is a healthy turnover, however we feel this could be increased further. One way would be to introduce deliveries. Deliveries to local businesses would be a great way of boosting repeat loyal trade. The purchaser could then further this by, offering its services through sites such as JustEat.

The café highly benefits from its main road location. The café sees a lot of custom from passing trade. However most trade is generated from the local housing and businesses.

Above the store are two flats which could be let out to create an extra monthly income. One of the flats is currently used by our client who is moving away from the area. This gives the new owner the option to relocate to this location.

This really is a walk-in trading opportunity. Our client has run this business successfully and so we highly advise early viewing for a purchaser looking for a café in a busy location.

Excellent Café is located in Kingston upon Hull, East Riding of Yorkshire.

The business is ideally situated on a main road opposite a retail park. There is a plethora of business within this location, such as several pound stores, clothing outlets, convenience stores, hair dressers and more. Behind the café, there is a housing estate; from which the business receives much of its trade.

The road on which the café is located runs from the centre of Hull up to Bridlington. This is a well-used a-road that benefits from heavy footfall. There are several public transport links in this area, the closest bus stop is just a 1 minute away and the closest train station is in the centre of Hull. Hull is approximately 1 mile away.

The business boasts a large double fronted premise. The property was originally two retail stores, but was knocked into one, due to the need to expand. The premise is well signed with a large sign across the front.

The seating area is very spacious with around 60 covers. The room is open plan, with a bright and airy feel due to the windows across the front. The café is laid out well, with the service counter to the right of the entrance. Behind the counter there is the open kitchen which is complete with stainless steel fixture.

There is also a customer toilet, store room and an office on the ground floor.

On the first floor are two flats. One of the flats is two bedroomed with a living room, kitchen and bathroom. Our client currently lives in this flat.

The second flat is three bedroomed and comes with a living room, bathroom and kitchen. This space is currently used as further storage.

The premise is secured with a CCTV system and an alarm.

We are advised the business is Leasehold.

Original lease length: 5 years

Left on the lease: 2 years

Rent: £1,760  per month

The rent includes the unit and the flat.

The business is open-

Monday - Saturday: 8am – 4pm

Sunday: 9am – 3pm

The business is run and managed by our client with the help of 6 part time members of staff.

The business generates a turnover in the region of £208,000 per annum.

With a gross profit of around 65%

Tenure: Leasehold

Listed by: Hilton Smythe
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