Sold
Cafe Business Situated in Excellent Trading Location
Peterborough, Cambridgeshire
- Asking Price: £20,000 +SAV
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Turnover:
We are advised the business is turning over in the region of £65,000 per annum trading limited hours to suit the current vendor.
There are no business rates or service charges payable. For further information please reference B05863.
- Tenure: Leasehold
Please Quote Reference B05863
Hilton Smythe welcomes to the market the Coffee Tap Cafe in Peterborough. The business has been operated by the current vendor for over four and a half years in which time it has built up an enviable local reputation for quality and service and which due to family commitments this rare and exciting opportunity has now become available.
The business sells a delicious range of café favourites including breakfasts, sandwiches, a range of desserts plus hot and cold drinks to eat in or takeaway, the business could quite easily be expanded by extending the opening hours growing the delivery service and developing a stronger on-line ordering and payment platform.
This is an ideal business opportunity for either an established operator looking for an additional site or an individual or partnership looking for an established business with huge growth potential in a much sought-after trading location opposite the local schools.
The site 2 x kitchen/food prep areas plus the benefit of 15 internal covers in its current configuration with the added benefit of additional storage/workspace in a detached unit to the rear of the site which would be of use to anyone looking for additional space to develop the external catering side of the business. The business is being offered to the market with very affordable in-going and running costs with the premises and assets in first class condition.
The business is run and managed by the current vendor with 2 x part time assist.
The opening hours are currently 8.00am to 3.30pm Monday to Friday & 10.00am to 2.30pm Saturday.
Situated along Central Avenue in Peterborough Cambridgeshire, the site is in an excellent location and is easily accessible on foot and by all modes of transport with plenty of free parking to the front and surrounding the site, with the added benefit of a regular bus service along Central Avenue.
Ground floor trading space in amongst additional businesses, entrance through to seating area, counter and servery, coffee machine, product display unit, tables, chairs & stools. Kitchen with oven and hob, fridges & freezers, toasters, microwave ovens, stainless steel counter and storage facilities, stainless food storage, CCTV system, WC, access out to the rear of the site for deliveries plus a separate lock/up storage facility.
Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £6,000 per annum with 5 months remaining on the current 5 Year lease (New terms to be agreed).
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