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8831S CAFE/DINER L/H £62,950+SAV

Asking Price: GBP 62950
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Business Location: United Kingdom » Sheffield » SHEFFIELD 
Category: Food » Cafes & Restaurants
Description:
Advent Business Sales have been instructed to offer for sale this popular café/diner with enormous further potential.

In the hands of the current vendors for the past 2 years, it is now reluctantly offered for sale due to the vendors other business commitments.

Operating from a single storey detached premises, which is decorated and equipped to a high standard, the business offers an extensive range of hot and cold foods as well as snacks, drinks and desserts.

The range also includes homemade pies and quiches and it also prides itself on fresh preparation with fresh produce.

The café can comfortably seat 40 people.

This open plan diner is fully equipped including:
• Servery area
• 4 pot bain marie
• chip/fryer
• griddle
• grill & toaster
• 6 ring oven
• Deli Bar & Hot Bar
• Coffee machine
• Dishwasher
• Selection of fridge’s and freezers
• Extractor hood
• Wash basins
• Till
3 full time employees in addition to the vendor, who works on a part time basis, staff the business.
REF: 8831 S
TRADING HOURS
Mon – Fri: 6.30am – 2.30pm
Sat: 6.30am – 12 noon
BUSINESS PREMISES
A single storey detached brick built premises with the added security of an alarm system and comprising of the following:

Ground Floor
• Entrance with disabled access ramp
• Servery counter to the front with open plan café/diner seating for 40 covers
• Fully equipped commercial kitchen
• Ladies and gents w/c
• Fire door
TENURE: Leasehold
Original lease: 12 years
Remaining lease: 10 years
Review every: 3 years
Rent: £10,660 per annum

We are advised that the annual business rates are currently: £2220
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
130000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: The business is ideally located occupying a prominent corner location on a crossroads, within a densely populated industrial/commercial area close to Sheffield city centre. The business benefits from a high volume of passing traffic. The immediate area offers an array of businesses from offices to car dealerships. There are excellent parking facilities with a free customer car park for 15 vehicles to the rear of the café.
Year Established: 2007
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Market competition and expansion:
The business offers excellent potential for growth and expansion including unlimited potential for outside catering to the many local businesses in the area. Further enhancement could include opening evenings as a bistro and possibly opening on Sunday’s.
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