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(REF: NW010260)  Superb Coffee Shop / Cafe - N. Lakes
 
Seller Reference: NW010260
B4S Reference: 28631
Asking Price: £75,000
Net Profit: Undisclosed
Sales Revenue: £132,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Undisclosed, Cumbria, United Kingdom
  Business Summary   
  Location
Adams and Co. are pleased to offer for sale this most attractive Café situated in a busy shopping arcade in a bustling market town in the heart of the Eden valley.

The Business
The business is run as a daytime coffee shop / café and it is a well known venue in the town. Our clients have implemented a continuous plan of upgrading and refurbishment within the last 4yrs sparing no expense, hence most of the original equipment they inherited has now been replaced, making this a true 'turnkey' operation. The café enjoys a high level of local repeat clientele as well as passing trade from arcade shoppers, and also being boosted by the many number of tourists who visit the area throughout the summer season. The business is run on easy hours with a simple menu and there is still scope to introduce a takeaway menu throughout the day. The vendor uses fresh, local produce, everything is made on the premises, and our client manages to achieve an excellent margin. There is enormous potential to introduce outside catering and to extend the hours (the arcade is open 8am to 5.30pm) and to possibly open on a Sunday. The café serves a good selection of hot and cold beverages and food including a range of teas and coffees, sandwiches, home cooked main meals plus a daily specials board and delicious home made desserts.

Trade
Turnover for the financial year ending 31st March 2010 was £131,781 achieving an excellent gross profit of £100,928, and accounts will be available to seriously interested parties following a viewing.

Reason For Sale
Genuine reason for reluctant sale.

Business Premises
The business occupies an enviable position adjacent to other shops and services inside Devonshire shopping arcade in the centre of town. The premises have security alarm and an attractive glazed frontage with bright signage above. The dining area has part carpet / laminate flooring, air-con system, spotlights, roof light, attractive décor and is spaciously arranged to provide 52covers, and a further 24 covers being arranged externally to the front. Large serving counter having tiled flooring, fitted shelving and a range of equipment including 3 door refrigerated serve-over, 1 door refrigerated serve-over, Hotpoint fridge, Gaggia 2 station coffee machine, Bravilor espresso machine, Instanta hot water boiler, Hot chocolate machine, milkshake machine, ice cream fridge. Behind counter is full length fitted base units having worktop with inset s/s sink.

Small cloak area having ladies and gents WC.

Kitchen
Well-fitted kitchen having altro flooring and strip lights. Range of equipment including Mareno 4-ring range, Lincat grill, Parry griddle and Twin fryers (all under s/s extraction unit). Other equipment includes 2 x microwaves, Kenwood mixer, weighing scales, 2 x Gram freezers, 2 x Gram fridges, Handwash basin, Twin s/s sink unit, Commenda s/s commercial dishwasher, s/s sink unit, s/s tables plus ancillary equipment.

Staff
The vendor runs the business with the help of 3 part time members of staff plus casual staff, hours as required.

Hours of Trading
Monday to Friday 9am to 4pm
Saturday 9am to 5pm
Sunday CLOSED

Tenure
Leasehold with 4yrs remaining of a 9yr lease. Rent £18,000pa + service charge £5,000 (both + VAT). Rates payable c£5600pa.

Comments
A well-established and popular catering business in a busy trading location. Highly recommended for viewing.

Confidentiality
Under no Circumstances should you approach the business directly.

Viewing
Please telephone this office on 015242 64880 to advise us when you would like to visit and we will be pleased to make the arrangements.

Offers
All offers are for the Leasehold, goodwill, fixtures and fittings must be made through this office.

ADAMS and CO for themselves and for the vendors or lessors of this property/business whose agents, they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of an offer or contract;(ii) although believed to be correct, all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and accuracy is not guaranteed, and therefore any intending purchasers or tenants should not only rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each item; (iii) no person in the employment of ADAMS and CO has any authority to make or give any representation or warranty whatever in relation to this property/business; (iv) the mention of any appliances/services within these particulars does not imply that they are in full working order as they have not been tested; (v) these particulars are issued on the understanding that ALL NEGOTIATIONS are concluded through ADAMS andCO, otherwise in the event of a sale being concluded directly or indirectly, the vendor may find themselves liable to legal proceedings.
 
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No





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