Cafes for sale in Milton Keynes

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Cafe / Coffee Shop and Bar with Great Potential: Milton Keynes

Milton Keynes, Buckinghamshire, England

  • Leasehold Price: £49,950
  • Annual Turnover: £130,000
Seller Reference: C33527B
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Business Description
 
 
 
 
 
 
 
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Seller Reference: C33527B
Request Details
Business Description
Cafe / Coffee Shop with alcohol licence
Takings £2,000 to £2,500 a week on daytime trading
Rent £1,240 per month
No Business Rates for independent operator
Potential for evening trade

Everett Masson and Furby are pleased to offer to the market a coffee shop and cafe, located on an attractive office campus to the north of Milton Keynes town centre, offering substantial potential in the right hands to continue its rapid development of the past 12 months.

The business was purchased by the present owners in 2018 and refurbished and relaunched at that time, building up a loyal following of local mainly daytime customers. By early 2020 the business had achieved a substantial increase in monthly sales compared to the same period in 2019 but unfortunately progress was halted in March 2020, when Covid-19 forced the business to lockdown. To date it remains closed.

Following a reassessment by the business owners, who currently need to focus attention on other larger business interests, a decision has been taken to dispose of the business, which is no longer seen to form part of the group core strategy.

In our opinion the decision of the owners to dispose of this cafe offers a tremendous opportunity for an owner operator to acquire a relatively low cost but well located premises, with a great reputation and a business that could immediately be built upon and which should be immediately profitable.

Viewings may only be made by prior appointment through sole agents Everett Masson and Furby.

PRICE: Offers are invited in the region of £49,950 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation.

Trading hours:
Monday to Thursday 8:00am to 4:00pm
Friday 8:00am to 9:00pm
Saturday 10:00am to 10:00pm
Tenure:
Leasehold
Listed by:
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