Well Established Cafe And Takeaway In Sunderland | | Sunderland Tyne and Wear | | Café and Take Away Sunderland, Tyne + Wear T/O: £67,000 GP: 60% 3-storey premises Huge potential Loyal customer base | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 57186
ADVERT IMPRESSIONS : 21,904 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £45,000 | ANNUAL RENT: | £8000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Hamiltons café is situated in a prominent position in the centre of Sunderland's professional and business district. Occupying the ground floor of 3-storey premises, the property is surrounded by a range of complementary businesses and is close to all town centre amenities. The premises benefit from on-street car parking to the front and the local bus route and railway station are within easy walking distance. The area is very popular with office-based businesses and a new hotel is being constructed within the area, along with a new technology centre. The business enjoys easy access to the central road network and is close to the A1231, the A1018 and the A690. Junction 65 of the A1(M) is 9 miles away and Newcastle-upon-Tyne is approximately 12 miles to the northeast.
Business History
Preferred Commercial is delighted to offer for sale this well-maintained café and take away business, which was established by our clients in 2001 and is only now offered to the market due to our clients' wish to relocate. The premises are well-equipped to suit the trade and boast a café area and commercial kitchen along with a further three floors; the lower ground floor, which is currently let out providing additional income, and the first and second floors, which are currently empty. The café offers a wide range of snacks and drinks to eat in or to take away. Our clients also offer a delivery service, which is very popular with the surrounding offices and provides much repeat business. Turnover is approximately £67,000 per annum with GP of 60%. We feel the business could be further expanded by extending the opening hours, increasing the amount of outside catering and applying for an alcohol licence. There is also huge potential to increase turnover by renting out the first and second floors. We feel this is an ideal opportunity for a new owner to acquire a thriving business in a town centre location, which has huge potential for expansion. Early negotiations and discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £67,000 per annum
GP: 60%
Opening Hours
Mon - Fri: 9.00am to 3.30pm
Sat: 10.00am to 3.00pm
Sun: Closed
Accommodation Details
3-storey mid parade property with café facilities and 5 additional rooms, gas central heating and alarm system. Briefly comprising:
Ground Floor
• Café with tables and chairs for approximately 20 covers, 2 x juice refrigerators, 2 x refrigerated display cabinets, coffee machine, shelving and electronic cash register
• Kitchen with 2 x fridge/freezers, 2 x refrigerators, cupboards, shelving, dishwasher, 2 x microwave ovens, chest freezer, hand wash basin and office area
• Staff WC with wash basin and staff cloakroom area
Lower Ground Floor
Currently leased out
• Front room approximately 25 square metres
• Back room approximately 15.7 square metres
First Floor
• Room 1 approximately 6 square metres
• Room 2 approximately 16.7 square metres
• Room 3 approximately 16.2 square metres
Second Floor
• Room 4
• Room 5
External
• Prominent frontage on main street
Tenure
Leasehold
Original length: 9 years
Remaining: 9 years
Review: every 3 years
Rent: £8,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2126 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
