Restaurant/cafe for sale in Silver Street, Doncaster DN1

£49,995
Restaurant/cafe for sale
Interested in this property? Call +44 1204 351867 * or Request Details

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Property description

Business
Hilton Smythe welcomes to the market Addiction Desserts in the centre of Doncaster on the recently refurbished Silver Street. The business has been operated by the current vendors for over two and a half years in which time it has built up an enviable reputation for quality and service and which due to family commitments this rare and exciting opportunity has now become available.

The business sells a tasty and delicious range of desserts and soft drinks including smoothies, Gateaux slices, ice cream, cheesecakes, hot drinks and much more. The business has developed a regular and dedicated customer base and operates via three main income streams of Just Eat (delivery service provided), purchases from their own slick website along with the in-store experience.

The site has been totally refurbished by the current vendor to a very high standard and remains in first class condition giving the new operator the benefit of no additional capital outlay for works to the premises. The business currently operates restricted hours and offers the opportunity for the new owner to benefit from huge growth potential by making only minor tweaks to the current business model.

The business would be ideal for either an established operator looking for an additional site or an individual or partnership looking for a new business venture with a proven track record and excellent profitability in a welcoming and fun working environment.

The business is being offered to the market with all the necessary equipment to enable it to function in its current format for very affordable in-going and running costs. A turn-key business opportunity with excellent growth potential.

Location
Situated on the recently refurbished and pedestrianised Silver Street in Doncaster. The site is easily accessible on foot and by all modes of transport with plenty of pay & display parking plus a regular bus service passing close to the site.

Premises
Ground floor fully refurbished retail unit on Silver Street in Doncaster, entrance through to main trading area and service counter, tables, chairs and soft furnishings, Ice cream display counter over main servery, desert storage units, customer WC kitchen area with walk in refrigeration unit, fridges and freezers, separate office and store room with access out to WC and vendor parking to the outside.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £10,200 per annum with 7 years left on the current 10 Year lease (break after 5 years).

Hours
The opening hours are currently 4.00pm to 11.00pm Monday to Thursday and 4.00pm to 12.00pm Friday & Saturday.

Staff
The business is run and managed by the current vendor 3 x staff assisting.

Financial Profile
We are advised the business is turning over in the region of £140,000 per annum producing very attractive returns trading limited hours.

Business rates are currently £3,000 per annum.

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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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