£0 £1000000
£0 £1000000

Vibrant Cafe in City Centre Location

South Yorkshire

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£75,000 +SAV

Ref: 2573-C

Leasehold

Overview

Hilton Smythe is delighted to introduce to the market this popular café. The business was originally founded by our client in 2013 and has seen year on year growth to the profitable concern it is today. The café boasts a yearly turnover of £296,000 with a gross profit of 60%. The business is a fully licensed café serving high quality meals and snacks in a bistro styled culture. All food is freshly prepared on site and includes breakfasts, a good choice of hot and cold meals with daily specials, salads, sandwiches, snacks and afternoon teas. A wide choice of leaf teas, served in vintage china is provided in addition to a range of coffees, soft drinks, wines and bottled beers. The business occupies a stunning Grade 11 listed premises, which has been fully refurbished and is well presented throughout. Stylishly decorated with vintage furniture and furnishings and comfortable settees, perfect for relaxing and unwinding. The business has a loyal client base as well as benefitting from excellent passing trade due to its fantastic location. On the first floor is the function room with a 100 cover capacity, available for private hire with regular and advanced bookings in situ. The function room has it's own private bar and the license permits the sale of alcohol with or without food. The business has an excellent website giving further information about the menu and events and contact information and has a presence on social media websites to promote awareness of the business. This is a fantastic profitable business with room for growth which genuinely comes to the market as our client looks towards semi-retirement.

Turnover
The café boasts a yearly turnover of £296,000 with a gross profit of 60%.

The business is owner run and managed with the assistance of 11 part time and 2 full time members of staff.

The business opens:- Tuesday to Saturday 10.00am – 8.00pm (last orders) Licensed until 11.30pm.

This vibrant café is located in the City of Sheffield. Sheffield gained an international reputation for steel production and is now a cosmopolitan city housing circa 551,800 residents. The A57 and A61 provide excellent road links to the city and the city boasts a mainline railway station and regular bus network.

The Grade 11 listed premise benefits from two entrances with the main entrance on a pedestrianised walkway. Ground floorFrom main entrance:36 x cover café area, split level seating areasDivided section with 8 x covers (ideal for prams/elderly) 2 x dresser units and coffee service area with coffee percolator and urn.Kitchen access door. From second entrance:Lower level chill-out area with sofa seating for 10 with coffee tablesOverspill seating area 4 x coversService bar with coffee machine and grinder, handwashSteps up to raised seating area 6 x covers Commercial grade Kitchen:6 x burner cooker, extraction system, Lincat grill, 2 x counter top fryers, griddle, double panini machine, salad fridge above 3 x door cabinet fridge, 1 x commercial microwave, 1 x domestic microwave, hot cupboard with lamp warmer, wall racking, 2 x s/s prep tables, commercial sink, commercial dishwasher (leased), commercial fridge, 2 x white fridges, under counter freezer and small chest freezer.Stairs from rear area of restaurant lead down to fire escape and bin area, dry store and drinks store. Stairs from rear area of restaurant lead up to:First floorLadies and Gentlemen’s toilet facilities.OfficeFunction room licenced for 100Bar with 2 x door bottle chiller, ice machine, glass washer, big screen with projector and roof speakersStorage cupboardFire exit. Behind bar: washroom with 3 x phase supply, sink unit, hot cupboard, boiler and Dumb waiter (currently not working).Note: there is scope to create a first floor kitchen area to support this room. Alarm system

Tenure
We are advised leasehold.The original lease length is 10 yearsRemaining 8 yearsReviewed every 5 yearsRent is £26,000 per annum.

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