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Well Presented Cafe - Derbyshire for Sale

Derby, Derbyshire

Leasehold : £ 25,000
Turnover : £ 1,154 p.w.

This excellent café sits amongst a parade of shops just off the high street on a busy side road in the town centre of Derby. The location could not be more ideal for a business of this nature; surrounded by many complimentary shops and businesses, and with public transport nearby the premises is close to all the main car parks and as such sees a high footfall and passing trade. Customers are further attracted by the visible/prominent premises. Derby is a popular and historic city in the East Midlands and is bustling with shoppers who take advantage of the fine selection of shops and facilities available. The city enjoys extensive links with other areas of the country. The M1 motorway passes about 10 miles east of the city linking Derby southwards to the London area and northwards to Sheffield and Leeds. Other main roads passing through or near to Derby include the A6, A38, A50 and the A52.

Recently refurbished at a cost of circa £30,000
Ideal partnership opportunity with full training
Advised annual turnover of £58,000
Situated in the busy town of Derby
Desirable town centre location
Genuine reason for sale
Walk in condition

Business History

Meridian Business Sales are delighted to offer to the market this recently refurbished café which was established by our clients in 2015. The only reason our clients are offering this excellent business to the market is due to their desire to concentrate on other business interests. Since the business was established our clients have undertaken a full programme of refurbishment meaning that the business is in full walk in condition together with introducing new lines and income streams which have enhanced the business massively. Currently the businesses owner operated and is being run at a pace that suits our clients' lifestyle which means there is massive scope for a new hands on operator to further develop the business. Our clients inform us that the annual turnover currently runs a t £58,000 with a gross profit of £40,000 which is derived from serving Mediterranean cuisine in a relaxed, cosy atmosphere together with traditional English breakfasts, fresh food, home made cakes, hot and cold refreshments. Our client also offers a catering service for functions. There is scope to increase the trading hours and open in the evening which may increase income. Our client enjoys a good reputation within the community and has a high level of regular and repeat customers together with new customers from word of mouth recommendations and from the businesses highly visible trading location in the town centre. Benefiting from a professional website and training during the transition period the business offers the new owner a pure turnkey opportunity and as such we strongly recommend early viewing to appreciate the lifestyle change opportunity and the high standard of the refurbishment.

Accommodation: The well maintained terraced property, brick and tile lay is set back and very prominent. The glass fronted premises briefly comprises:

Dining area with 20 covers
Serving counter
Shelving with menu boards above
Chilled display unit
Serving hatch to rear kitchen:
Well equipped for business
Storage within kitchen

Seating area with 4 covers
Communal parking
Roadside parking
Tenure: We are advised leasehold
Original length: 5 years
Remaining: 3 years
Review: 3 years
Rent: £10,500pa
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