Cafes for sale in Leicester

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Popular Café & Takeaway in Leicester with 2 bedroom self-contained flat

Leicester, Leicestershire, England

  • Leasehold Price: £74,995
  • Annual Turnover: £104,900
Seller Reference: 1379
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Business Description
 
 
 
 
 
 
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Seller Reference: 1379
Request Details
Business Description
• Popular Café & Takeaway in Leicester
• 2 bedroom self-contained flat (currently rented out)
• Situated on a main road just outside of the city centre
• Well-presented throughout
• Healthy turnover and profits with scope to improve
• Excellent local reputation
• Valuable inventory of quality fixtures & fittings
• Highly visible trading position
• Plenty of customer parking nearby
• Fantastic change of lifestyle opportunity
• Sensible trading hours – no evenings
• Good mix of complementary businesses nearby

Falcon Commercial is delighted to offer for sale this extremely well-presented Cafe which occupies a prime trading position on a busy main road in Leicester. It has been under the proud ownership of our clients since 2005 during which time they have made considerable investment and improvements. It is now reluctantly being placed on the market as the owners are looking to semi retire
During our client’s stewardship the business has built up an excellent reputation for its welcoming atmosphere, fantastic food, superb value, and great service.

This thriving business is mainly operated as a daytime Cafe with food being cooked to order and where all produce is sourced locally wherever possible. It is considered the premises are suitable for all types of cuisine.

The business is run by our client with help from a dedicated team of part time staff. It generates a turnover in the region of £104,900 per year with healthy gross profit margins. Additional income of £425 per month is generated from renting out the 2 bedroom flat. There is tremendous potential to increase the turnover by possibly running a modest marketing campaign or by extending the opening hours to include Sundays and evenings.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended

The Premises
Substantial and well-maintained two storey leasehold building which is fitted and presented to high trade specifications throughout.

The premises briefly comprise:

Ground Floor
• Ground Floor Café Area which is open plan and has seating for approximately 16 customers
• Kitchen area
• Staff toilet

Basement
• Currently used for storage

Owners Flat With Separate Entrance
• Lounge
• Kitchen
• Bathroom
• 2 Bedrooms

External
• Garage
• Allocated parking space

Business Details

Opening Hours
• 7.40am – 2.00pm Monday – Friday
• 7.40am – 1.00pm Saturday
• Closed Sunday

Turnover
• £104,900

Business Rates
Business rates payable: Nil
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Stock
The business stock value is: £500.00

Staff
The business is run by the proprietor with help from a dedicated team of part time staff

Tenure
• Leasehold.
• The business comes with the benefit of a secure lease which was originally for 20 years and has 18 years remaining
• The current annual rent payable is £7,000 per year
Please Note: The Code for Leasing Business Premises in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website: www.leasingbusinesspremises.co.uk

Legal Costs
Each party to bear their own legal costs incurred in the transaction.

EPC
Commercial Energy Performance rating: G

Accounts
Accounts will be provided to genuine purchasers after a formal viewing

Planning
For further information, you should make your own enquiries to Leicester City Council 115 Charles Street Leicester LE1 1FZ

Viewing
Strictly by appointment with the vendor's agents, Falcon Commercial, Second Floor Offices, 114/116 High Street Honiton EX14 1JP on 01404 758081

Agents Note
Please remember that selling a business can be a sensitive issue and staff or suppliers may not be aware of a sale at this point. Do not attempt to contact the business directly. Thank you
Tenure:
Leasehold
Is accommodation included?:
Yes
Number of bedrooms:
2
Location Details:
Highly visible trading position on a main road in Glenfield, Leicester
Leasehold Term:
The business comes with the benefit of a secure lease which was originally for 20 years and has 18 years remaining. The current annual rent payable is £7,000 per year
Listed by:
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