Cafes for sale in Nottingham

View the "CAFE/COFFEE-SHOP/TAKE-AWAY/DELICATESSEN" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

I can honestly say I was overwhelmed by the amount of interest and enquires.

Jo White (April 2016)
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Leasehold Price: £39500 Annual Turnover: £134,952
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Business Description
CAFE/COFFEE-SHOP/TAKE-AWAY/DELICATESSEN

BUSINESS ‘FOR SALE’ AS A GOING CONCERN

BUSY SHOPPING CENTRE LOCATION

DENSELY POPULATED AREA

SPACIOUS LOCK-UP PREMISES

EXTENSIVELY FITTED AND EQUIPPED THROUGHOUT

10 COVER CAFE + OUTSIDE SEATING FOR 8

ASKING PRICE: £39,500 + S.A.V.

(PRICE ENORMOUSLY REDUCED FROM £57,500 DUE TO ILL HEALTH)

REF: 5796

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SITUATED WITHIN A NOTTINGHAM SUBURB SHOPPING PRECINCT

This long established concern is conducted from extremely well presented double fronted lock-up premises and prominently positioned within a Nottingham Suburb shopping precinct alongside a variety of local and National concerns. The business is conducted by the vendor (working part-time) together with one full-time and 3 part-time assistants. The business has been in the current owners hands for the past 9 years and now regrettably health issues give rise to this lucrative sale.

The business concentrates on breakfasts, filled rolls and sandwiches, pies and pastries, locally produced cakes, snacks and also has a selection of deli’ items plus a wide range of hot and cold beverages.

The potential to expand and increase the turnover and profits of this business could possibly be huge. By reason of the densely populated area maybe the introduction of a delivery service, outside catering packages for Buffets and Parties could possibly be quite advantageous. Maybe the addition of a website, advertising the Business and type of products sold could possibly be extremely favourable for further growth to the Business.

We are informed by the vendor she is prepared to offer a period of oversee (if required) to enable the new owner(s) to settle in.

FRONTAGE: -

18ft 0in. Fully glazed frontage with central glazed double entrance doors. Outside seating area with 8 covers over 2 tables.

SALES AREA/CAFÉ: -

41ft 6in X 18ft 0in. Terrazzo tiled floor, suspended/illuminated ceiling. Cafe seating area to the front with 10 covers over 6 tables. A range of refrigerated counter display units with prep’ benches behind. Multi-tiered refrigerated display unit, shelving & racking for product display. To the rear is the Prep’/Utility Area with an extensive range of equipment to include Mono 4 tray oven, refrigeration and freezer units, s/s prep’ tables, s/s sink and drainer unit, etc.

STORAGE AREA to the rear, with W.C. off with separate Wash Room. Door from Storage Area to rear loading bay and vehicle parking.

TENURE: -
The premises are held by way of a 10 year lease from March 2016 with a rental review after the 5th year of the term. The current rent passing is £9,462.96 plus VAT p.a.x. This includes the service charge to the premises.

ECP RATING C.

THE BUSINESS

TAKINGS
We are informed by the vendor that the sales figure for the past year were £134,952 net of v.a.t. Management figures to the business for the current year will be made available to genuine applicants.

STAFFING 1 Vendor part-time, 1 full-time and 3 part-time assistants.

TRADING HOURS 8.00am – 4.00pm Monday to Saturday.
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Trading Hours:
8.00am – 4.00pm Monday to Saturday.

Number of Employees:
1 Vendor part-time, 1 full-time and 3 part-time assistants.

Tenure: Leasehold

Support & Training:
We are informed by the vendor she is prepared to offer a period of oversee (if required) to enable the new owner(s) to settle in.

Location Details:
The premises are prominently positioned within a Nottingham Suburb shopping precinct alongside a variety of local and National concerns.

Website:

Listed by: RS Business Transfer Agents
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5796
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