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BUSINESS REFERENCE : 10387 / RightBiz LEASEHOLD CAFE/RESTAURANT FOR SALE IN LEICESTERSHIRE | | | | | | Cafe/Restaurant Syston, Leicestershire T/O: £201,000 GP 56% approx up to 100 covers Stylish refurbishment Huge scope to develop further Ref: 10387 | | | BUSINESS LOCATION: | Syston Leicestershire UNITED KINGDOM | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | ££150000 + SAV | ANNUAL RENT: | £19000 | | | | | | | | | | | BUSINESS DETAILS: | Location
Ray's Tray is ideally located, in a prime trading position, within the busy shopping arcade of Syston in Leicester. Syston is a busy and thriving town currently enjoying large investment in quality and affordable housing and recreational projects. The area also boasts good schools and all the major amenities. Syston has strong road links via the A46, A607 and A6 trunk roads.
Business History
Bag a Business is delighted to be able to offer to the market this quality cafe/restaurant, situated in the popular and growing town of Syston. Ray's Tray has been in the careful hands of our client since 1989, during which time he has refurbished the trading area throughout to the high standard it enjoys today. The business is only now being offered to the market due to his strong desire to retire. The business's prominent trading position produces high levels of footfall, which in turn generates all year round trade from local and new customers alike. The business currently has a turnover in the region of £201,000 per annum achieving a gross profit of 56%, derived from its 90 cover capacity. The trading area has been refurbished in a modern and stylish way with an eye for detail. Our client has invested heavily in the most up-to-date catering equipment, further adding to the desirability of this business. Ray's Tray is currently being run at a pace to suit our client giving the new owners tremendous scope to increase the turnover and profits of the business, perhaps by opening in the evenings. The current business and premises would happily work as a cafe during the day and a restaurant in the evenings, as the only competition in the town are Indian and Chinese takeaways. Bag a Business recommends early viewing to appreciate the quality and future potential of this cafe/restaurant.
PROPERTY DETAILS
Large, ground floor, brick built arcade unit, briefly comprising:
Licensed Restaurant
GROUND FLOOR
Front entrance leading to -
Open plan cafe area
Ceramic tiled floor
Quality tables, chairs and stools
Total of 90 - 100 covers internal and external
Modern and stylish decor throughout
Suspended ceiling with halogen lighting
Fully fitted commercial kitchen with:
Full canopy extraction
Dumb Waiter (electric micro lift)
Grill
Microwave ovens
Coffee machine
Dishwasher
Main kitchen, storeroom and 3 W/Cs upstairs
EXTERNAL
Car parking
Courtyard within the arcade
Alfresco dining area
OPENING HOURS
Mon - Thu & Sat: 9.30am - 5.00pm
Fri: 9.30am - 5.30pm
FINANCIAL DETAIL
W/T: £3,865 approx
GP: 56%
TENURE
Leasehold
Original length: 25 years
Remaining length: 6 years
Review every: 5 years
Rent: £19,000 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10387 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
