Freehold café with 3 bedroomed flat for sale

  • Price: £174,995
  • Annual Turnover: £75,000
Pontefract, West Yorkshire, England
Seller Ref:B07281
Under Offer

Freehold café with 3 bedroomed flat for sale

Pontefract, West Yorkshire, England
Seller Ref:B07281
  • Price: £174,995
  • Annual Turnover: £75,000

Overview

Seller Ref: B07281

Description

Business
Please quote reference B07281


CoGoGo are delighted to welcome to the market Pennys Big Bites, a highly rated Cafe in South Elmsall, West Yorkshire.


Pennys Big Bite was established by our client in 2005. The business is extremely popular within the local area, building up an excellent reputation and regular customer base.


The business has now come to the market due to our clients desire to semi-retire. 


Pennys Big Bites is a daytime cafe that is well known in the area for early opening/excellent breakfasts. The business is mainly walk in trade with some local deliveries/telephone orders.


Key selling points –

  • Flat currently rented on a short term agreement – £575 (per month) rent income
  • Fully equipped to a very high standard
  • Lots of opportunity for further sales/profit growth
  • Potential to expand business space
  • Business handover offered


Scope to improve –

  • Local advertising
  • Create a business website with an online ordering system
  • Social media
  • Outside catering
  • Extend opening hours
  • Add evening food takeaway/bistro menu
  • Further develop the large site & flat above

Location
Pennys Big Bites is located on Minsthorpe Lane, in South Elmsall, West Yorkshire.


The business has eye catching signage and receives high levels of footfall and passing trade.

Premises
Large freehold commercial/residential corner property with off street parking and rear garage.


Ground floor –

  • Customer waiting/sitting area – 6 x covers – storeroom 
  • Service counter/food preparation area
  • Rear kitchen
  • Communal hallway/stairs to the first floor
  • Residential sitting room/kitchen – includes own private entrance from the rear
  • Toilet facilities & 2nd store room


First floor –

  • 2 x double bedrooms
  • Family bathroom
  • 1 x single bedroom


External –

  • Rear parking area
  • Detached garage

Tenure
We are advised that the business is being sold on a Freehold basis. 

Hours
The current trading hours are –


Monday – 5:00am to 1:30pm
Tuesday – 5:00am to 1:30pm
Wednesday – 5:00am to 1:30pm
Thursday – 5:00am to 1:30pm
Friday – 5:00am to 1:30pm
Saturday – 5:00am to 12:00pm
Sunday – Closed

Staff
We are advised that the business has 2 members of staff. 

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £82,000. Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

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