Restaurant/cafe for sale in Hen Lon Parcwr, Ruthin LL15

Fixed price £54,995 (£54,995/sq. ft)
Restaurant/cafe for sale 1 sq. ft*
Interested in this property? Call +44 1204 911870 * or Request Details

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Property description

Sought after cafe - denbighsire


Price reduced for quick sale due to ill health
Situated in the market town of Ruthin
Advised annual turnover of £70,000
Genuine reason for sale
Recently refurbished
Monopoly trade
Easy to run

Leasehold


Business History
Meridian Business Sales are delighted to offer to the market this well equipped and maintained café which was established in 2002 and has been in the careful hands of our clients for the past 5 years. The business is being reluctantly offered to the market due to ill health retirement. Since our clients took over the business they have continually developed and improved the business, recently refurbishing the premises together with introducing new lines and income streams which have enhanced the business massively. Our clients advise us that the annual turnover currently runs at £70,000 with a gross profit of 54% which is derived from offering a delicious hot & cold food menu with a specials board. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade from local residents, businesses and travellers to the area. There is scope to increase trading hours and create a professional website for advertising which may increase income. This business is currently owner operated with two part time employed staff and would ideally suit a partnership. This is a superb opportunity to purchase an established business with monopoly trade, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Trading Hours:
Monday closed
Thursday to Saturday 8:00am to 2.00pm
Sunday 10:00am to 2:00pm

Tenure: Leasehold

Accommodation Details:
Well maintained, purpose built prefabricated building briefly comprising: Ground floor premises Glazed frontage with shutters and secured door to Dining area with 38 covers Chilled drinks display Multiple deep fryers Serving counter with preparation area 2 x WC Kitchen Fully equipped for business Stainless steel preparation surfaces Deep fryer Cooker Chest freezers Racking for storage Small staffroom external Bench style seating to the front Private parking Off road parking Communal parking

Location Details:
This easy to run café is located at the edge of a trading estate on a major through road in the market town centre of Ruthin which is the county town of Denbighshire in north Wales. Ruthin is located around a hill in the southern part of the Vale of Clwyd - the older part of the town; the castle and Saint Peter's Square are located on top of the hill, while many newer parts of the town are on the floodplain of the River Clwyd. Ruthin is accessed via the A494 connecting to the M56 and beyond

Leasehold Term:
We are advised leasehold Original Length: 7 years Remaining: 4 years Rent: £8,000pa

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Meridian Business Sales Ltd, BL1 on +44 1204 911870 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Meridian Business Sales Ltd, and do not constitute property particulars. Please contact Meridian Business Sales Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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