Restaurant/cafe for sale in Bakewell, Derbyshire DE45

£94,995
Restaurant/cafe for sale
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Property features

  • High Class Licensed Café/ Gift Shop occupying a prominent town centre trading position
  • Weekly Takings £5,300 after VAT (Gross Profit £177,549 y/e 31.08.19), fantastic growth potential
  • Excellent reputation and reviews, 62 cover air conditioned dining room, superbly equipped
  • Owner retiring after 20 years, rare opportunity, viewing highly recommended

Property description

Reference - 47947

Description
We are delighted to offer for sale this well established and highly respected high class licensed Café and Gift Shop which is situated in the heart of the beautiful Derbyshire market town of Bakewell.

As the name implies the cafe is positioned on the first floor of a modern building which is in a prime location in Bakewell centre situated near to the town’s main car parks and adjacent to the Co Op supermarket and Boots the chemist. As you would expect the area is a hive of activity throughout the day with high levels of footfall creating both regular repeat and passing trade.
The ground floor of the building houses several businesses including a florist, barbers, cheese shop and ice cream parlour. There are two new shops in the process of opening adding further excitement to the building and location.

This is an exceptional business coming to the market for the very first time in 20 years having been established by its current owner in August 2000. During that time the business has established a truly enviable reputation for providing quality food and a friendly service enjoying excellent online reviews and boasting an extensive and loyal customer base.
The Upstairs Café has a welcoming 62 cover air conditioned dining area which is light and airy creating a welcoming environment. The condition of the fixtures and fittings are first class having been refurbished back in 2017. There is a good sized catering kitchen with equipment that has been regularly maintained.

The Upstairs Café provides a varied but straightforward menu including breakfast, sandwiches, toasties, baked potatoes, salads and a small selection of hot meals, hot and cold drinks s well as a selection of cakes and puddings. The cafe also has a liquor licence serving house wine, gin and tonic, prosecco, lager and bitter. The business also has a section allocated to greetings cards and gifts and this presents superb growth opportunity for a purchaser interested in increasing the card a

Sales
Currently sales average £5,300 net after VAT approximately.

Accounts
Available accounts are to year end 31st August and are summarised below:
2019 – Turnover £275,391

Trading Hours
Monday – Saturday 09:30 – 16:00
Sunday 10:30- 16:00

Staff
Managed by the owners with full/part time staff.

Building External
The business operates from the first floor of an impressive, modern complex occupying a prime position at the heart of the bustling town centre.

Building Internal
The welcoming 62 cover air conditioned dining area is light and airy with excellent fixtures and fittings creating a welcoming environment. There are separate ladies and gent’s toilet facilities, staff toilet and an office. The commercial kitchen is superbly appointed with an extensive range of valuable, modern catering equipment which has been well maintained.

Residential Accommodation
There is no residential accommodation for owners/management available.

Tenure
We are advised that the property is held on a 15 year lease which commenced in 2015. The annual rent is £20,000 exclusive until 2025 (correct as advised on 05/08/20). Rent reviews are at 5 yearly intervals. We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a rare and exciting opportunity to acquire a successful business with an excellent reputation which occupies such a prominent town centre trading position. Only now being offered for sale after 20 years of present ownership, viewing is highly recommended to avoid disappointment.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (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 Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer 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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