Restaurant/cafe for sale in Waltham Road, Scartho, Grimsby DN33

£49,950
Restaurant/cafe for sale
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Property description

Business
Hilton Smythe welcomes to the market Florence’s Coffee Shop in Scartho, Grimsby.

The business has been operated by the current vendor for over 6 years in which time it has built up an enviable reputation for quality and service and which due to retirement this rare and exciting opportunity has now become available.

The business currently serves a tasty range of light breakfast options, freshly made sandwiches, paninis, wraps, soup & bagels, plus a delicious range of cakes and pastries served with afternoon tea and coffee throughout the service.

The coffee shop can cater for 32 internal covers, in its current format, with the added benefit of outside covers to the front of the business and with the potential for additional covers/serving area to the rear of the property.

The business has huge potential for additional growth by extending the current opening hours, tweaking the food offering further and subject to local consents opening for longer into the evening as a bistro/wine bar.

The business would suit either an established operator looking for an additional site with further growth potential or an individual or partnership looking for their first business venture with the benefit of obtaining an established site with great potential for future growth within a very sought-after trading location being offered to the market with very affordable in-going and running costs, an excellent turn-key business opportunity.

Location
Situated along Waltham Road just of Laceby Road within the Scartho area of Grimsby just a short distance from Diana The Princess of Wales Hospital.

The business is easily accessible on foot and by all modes of transport with excellent road network links to the surrounding area with pay and display and plenty of on street parking in and around the residential area.

Premises
Detached property on a prominent trading location.

Front entrance through to main trading area, service counter and servery, preparation area within fully fitted kitchenette, ovens, toasters, fridges & freezers. Food display units, tables and chairs, multi-purpose WC, storage area.

Entrance out to the rear of the property which is fully secure potentially creating an additional trading area with gated access to the side and parking for several vehicles.

There is also additional trading space to the front operating within the sites boundary.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £12,500 per annum with just over 12 months remaining on the current 10 Year lease

The Landlord is happy to negotiate a new lease.

Hours
The opening hours are currently:

10.00am to 3.45pm Monday to Friday and 9.00am to 3,45pm Saturday.

The business is closed on Sunday.

Staff
The business is run and managed by the current vendor with the assistance of 4 x part time staff.

Financial Profile
We are advised the business is turning over in the region of £76,381 per annum trading hours to suit the current owner.

There are no business rates or service charges payable.

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial 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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