Hilton Smythe welcomes to the market The Café Chapel Yard, a family run business that was established in 2004 by our client, who is now looking to change career.
The Café is a traditional café open for a morning coffee and lunches offering a range of foods including homemade scones and cakes, pasties, sausage rolls and there is also an alcohol licence also freshly prepared light lunches including soups, sandwiches, filled baguettes and salads.
The double fronted café also has seating directly outside and a first floor area that could be utilised to give more seating.
The café has a Facebook page with 5* reviews, 4.5 TripAdvisor rating and a 5* Yell rating.
There is room for development by carrying out one or more of the following:-
Create a website
Utilise the first floor area for extra seating of up to 8 more paying customers
Extend opening hours
There is currently a very competitively priced menu, prices could be increased slightly to generate a higher turnover.
Hilton Smythe highly advise early viewing to avoid disappointment.Location
The Café Chapel Yard is located in the thriving North Norfolk market town of Holt, which is located just off the A148 Kings Lynn to Cromer Road.
The Café is positioned in a courtyard setting surrounded by other shops, just off the High Street. There is a large car park directly to the rear of the café.Premises
The premises is entered directly from the courtyard area, which has seasonal seating for 6, but there may be room for up to 8.
The main café is set over 2 areas giving 36 covers across 11 tables, access to serving area and stairs leading to the first floor.
Serving area has:
Ice cream fridge
Dessert/cake display cabinet
Door to kitchen
The 5* hygiene rated kitchen has:
Industrial extractor fan
2 x fridges
Stainless steel preparation tables
2 x microwaves
First floor landing area is currently a large store room, this can be opened up to create further seating as there is another store room off here.
The separate toilets are also on this level.Tenure
We are advised the business is being sold as a Leasehold business opportunity.
The lease expires in May 2020 and has an annual rent of £14,000. We are advised that the landlord is happy to negotiate a mutually acceptable lease with a new owner.Hours
The business opening hours:
Monday-Saturday: 9.00 am - 5.00 pm closing at 4.00 pm in the winter months
Sunday: 10.00 am - 4.00 pm March - December
These have been changed to suit our client, and would benefit from opening for breakfasts and into the evening, especially in the holiday periods.Staff
The business is run and managed by our client and his partner.Financial Profile
The Café Chapel Yard generated an advised turnover of circa £105,693 as of the 2017 accounts, with a gross profit of 66.1%.