| (REF: G4831L) Centre of town Cafe bar amongst modern residential Flats |
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| Seller Reference: |
G4831L |
| B4S Reference: |
32613 |
| Asking Price: |
£75,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
Undisclosed |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Loughborough, Leicestershire, United Kingdom |
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The business has been owned by our clients since 2007 and was run as one of two businesses’s owned by our clients in the town. The other being assigned by GA-SELECT in December 2011.Our client is retiring from the industry. Sales are running to circa £3.000 p/w on a sales split of 30% Wet to 70% Dry. You need to look past the accounts to get a true measure of this business’s potential. By using available hours which are currently not used and with a new energetic owner then we believe that sales of £350,000 (£7,000 p/w) are well within reach of this business bearing in mind the strength of its location.
THIS IS A BUSINESS OFFERING FANTASTIC POTENTIAL TO A NEW ENTHUSED OWNER AND MUST BE VIEWED TO BE FULLY APPRECIATED.
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Property: |
Leasehold |
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Lease Terms: |
We are instructed to offer the property and business for sale as an assignment of a 15 year private landlord lease which is completely Free of All Ties. |
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Current Rent: |
£31,000 pa. |
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Living Accommodation: |
No |
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Location: |
The thriving sustainable market & University town of LOUGHBOROUGH is the centre of sporting occasions for the 2012 Olympics and the host town to the Japanese National Team. A popular Leicestershire location with ease of access to such leisure attractions as Donington Park Motor racing Circuit and Motor Museum, Great Central Steam Railway, Bradgate Park, the birthplace of Lady Grey, Charnwood Forest with its legends of Robin Hood makes this an ideal locale for tourism and then with its ease of access to Nottingham East Midlands Airport and the M1, its popularity as a commercial centre is seeing strong and rapid growth and expansion. The business is to be found on Wood Gate adjacent the Council owned Beehive Lane Multi story car park which has been awarded a “safer parking award”. The business itself sits as part of a two block 6 story modern building part budget hotel with 20 ensuite bedrooms and plasma screen TVs and partly purpose built deluxe Student Hall of residence with a capacity of 112 students within apartments ranging from 2 to 6 bedrooms. The main through fare from the multi story car park to the Cattle Market area which has a good selection of shops and Cinema then onto pedestrianised Market Street which passes between the twin buildings with an outside patio for the business. Wood Gate is the B5350 and joins the main A6 running from Forest Road. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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