Presentable Café in Large Complex Leeds
Leeds, West Yorkshire
- Asking Price: £24,950 +SAV
- Turnover: We are advised that the current turnover is approximately £55,000; with a gross profit of 65%. The property is exempt from the payment of business rates. Electric costs are included in the rent. The business carries about £1,000 stock.
- Tenure: Leasehold
Hilton Smythe welcomes to the market Taste Cafe. This family run business has been owned by our client since March 2016 (the café had been in existence for 5 years previously) and is now reluctantly selling for family reasons. The café and sandwich bar is a very busy and attractive café and takeaway selling hot and cold sandwiches, paninis, hot and cold drinks, specials, breakfasts, toasties, burgers, wraps, jacket potatoes, pastries and soups to take out or to eat in. A spacious café area that accommodates 44 covers on tables, chairs and settees. It has a 4* food hygiene rating and is very clean and tidy. There is a large office and business captive customer base within the Sugar Mill complex.The business will expand with the addition of new tenants in the complex as it grows and develops. It would also increase by marketing, deliveries and outside catering. Furthermore, profitability will increase with the saving of staff costs if the buyer is “hands on”. Unfortunately, our client cannot devote all her time and attention to the business at present and has to employ additional staff. The premise has been refurbished at considerable cost by our client to a very high standard. The business boasts a great reputation with many repeat customers. This is a good and prosperous business with a large captive customer base, low overheads and weekday opening only. Taste Cafe is marketed at a reduced and sensible price for an early sale.
The owner runs the business with the assistance of family and friends. Staff costs are approximately £260 per week.
Monday to Friday: 7.30 to 3 Saturday and Sunday: Closed
This large café and sandwich bar is located at Sugar Mill Park in Beeston, approximately 3 miles to the south of Leeds city centre. The business is on the ground floor of a large former mill recently refurbished to become a business park at a cost in excess of £1 million creating modern office and training accommodation. We understand that occupancy of the offices is over 80% of the 80+ units available.Some of the units have training facilities on site. Being within the complex, the business attracts a large percentage of the office workers and guests wanting either a sit-down meal or to take away. In addition, with the assistance of good clear signage on the premises and on the road outside the complex, passing trade is drawn to the business. There is generous free parking to the front in the former mill yard. We understand that the number of units and parking areas will shortly be increased.
Entrance to the lovely cafe is from the car park serving the complex. The business is in an ideal location being immediately adjacent to the Business Park’s reception office. The attractive entrance leads into the attractive, large café and sandwich shop. The café has tables, chairs and settees in front of a deli style unit and counter. The café is very well set out with a mixture of tables, chairs and settees providing 44 covers. The large café and premises are over 104 square metres in area. A good size preparation and service area is behind the counter. At the back of the service area is a fully fitted and equipped kitchen. The fittings, fixtures, equipment and the décor are to an excellent standard with some refurbishment having been carried out by our client. The sale includes a till, deli unit, counter, drinks fridge, 2 upright fridges, 2 below counter fridges, freezer, tables, chairs, wall art, wall mounted tv, coffee machine, toaster, 2 microwaves, oven, griddle, panini machine, stainless steel units, hand wash sink, double drainer stainless steel sink and catering equipment. We are advised that the business assets are worth in the region of £10,000.
We are advised that the premises are of leasehold tenure. Under a 7 year Lease of which 5 years remain, as of 2017. Rent of £332.80 per month including electricity.