Leasehold Cafe In Blackpool Business For Sale
- Asking Price: £15,000
- Turnover: We are advised that turnover is in the region of £60,000 per annum generating a gross profit in the region of 73% with huge potential to improve on these figures.
- Tenure: Leasehold
The business benefits from a fantastic trading position, on Lytham Road, amongst a host of other complementary businesses and just a stone’s throw away from the high footfall Waterloo road, which has recently been refurbished to a very high standard. The Lido Royal benefits from ample passing trade due to the business being in a very retail friendly trading position. The current vendor has recently separated part of the retail premises to house a small take away only sandwich shop, which the new owner may operate as a separate business or indeed sub lease and generate an income by way of rental, subject to provisions of the existing lease. The Lido Royal Café has huge potential for a new proprietor; profits could easily be increased by the opening of the separate sandwich shop, longer opening hours or the introduction of further menu choice. Viewing is highly recommended, since it is rare that an opportunity such as this comes to the market, the trading position is fantastic and the business is certainly value for money since this business could easily be two in one with the café and sandwich shop open and operational. It should be noted, that the sandwich shop area could be utilised as a fast food takeaway subject to the relevant late opening licences being in place.
The business is owner managed with the addition of some part time help.
The business currently trades Monday to Saturday 8.00am until 4.00pmSunday 9.00am until 4.00pm.
The Lido Royal Café, is located on Lytham Road in Blackpool. Located in the county of Lancashire, Blackpool is approximately 55 miles to the north west of Manchester, 40 miles south of Lancaster and 25 miles west of Preston. The town benefits from excellent communications with the M55 connecting with junction 32 of the M6 that subsequently leads into the M61 and M65. Rail services to London Euston are available in approximately 3 hours 16 minutes. Major facilities include the Whitehills Park Shopping Centre and the Blackpool Retail Park.
The premises are both ground floor units and briefly comprise: Café with seating for up to 60 covers, with serving counter and customer WC to the rear. The serving counter houses a large drinks chiller, Milk Frother and Hot water cylinder. From the serving counter, there is access to the kitchen area, which is a fantastic size and is fully fitted to an industrial standard. The Kitchen area comprises of all the necessary equipment, including, flat griddle, twin fryer, 4x gas stove cooker, microwaves, dishwasher and full extraction system. There is ample room to expand the kitchen area, despite part of the space being partitioned to house the sandwich shop retail space. From the kitchen, there is internal access to the space that has been allocated to the sandwich shop, renovations of which are on-going, however, there is shelving and a serve over chiller already installed.
Advised Leasehold with 11 years remaining on the lease. Rental is £13,860 per annum.