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Established Coffee Shop In Ilkley West Yorkshire

Ilkley West Yorkshire
Café and bistro Ilkley, West Yorkshire. T/O: £155,896 GP 75% 3-storey building Town centre location Well-equipped
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 60376
ADVERT IMPRESSIONS : 12,783 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Cafes
SALE: Agent Sale

LEASEHOLD:

£99,950

ANNUAL RENT:

£36,000
 

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BUSINESS DETAILS:

Location
Caffé Nico is situated in an ideal position set within a parade of complementary shops and businesses in the town of Ilkley, West Yorkshire. Ilkley is a thriving spa town ideally situated between Leeds, Harrogate, Bradford and Skipton, in the heart of the Yorkshire Dales. The town is a popular tourist destination and is used as a base from which to explore the famous moor, the countryside and beyond. The business is a well-renowned coffee shop and bistro, which has an excellent reputation and a loyal customer base. There are regular buses running through the area and the railway station is within easy walking distance, which ensures high-level footfall. The business is close to the A65 road, which runs between Leeds and Kendal. The nearest substantial motorways are the M62, and the M1.

Business History
Preferred Commercial is pleased to offer for sale this well-established, 3-storey coffee shop, which has been in our clients' careful hands since 2004 and which is only now being placed on the market due to our clients' wish to retire. The business generates an annual turnover in the region of £155,896 with GP 75%. The cafe currently offers a licenced bistro, selling a variety of hot meals, sandwiches and desserts. There is huge potential for the new owner, if desired, to extend the opening times in the evenings to provide evening meals. The café also offers substantial space above the premises, and perhaps this could be converted into owners' living accommodation. This is an ideal opportunity to acquire a very profitable business, which is well-equipped and in a 'walk-in-and-trade' condition with scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £155,896 approx.
GP: 75%

Opening Hours
Mon: - Sat: 08.30am - 5.30pm
Sun: Closed

Accommodation Details
An attractive 3-storey building that offers a coffee shop on the ground floor with shared parking to the rear. Briefly comprising:

Ground Floor
• Coffee shop with large seating area, which extends to a further area with tables for approximately 40 covers.
• Serving counter with chilled display area, coffee maker and electronic cash register
• Kitchen with 6-burner hob, oven and griddle, toaster, large extractor, fryer, preparation area and dishwasher
• Door leading to rear yard
• WC

First Floor
• Large office space and separate stock area, which could be converted in to accommodation

Second Floor
• Ladies and gents toilet facility, which could be converted in to accommodation

Third Floor
• 2 large rooms, which could be converted into a double and single bedroom

External
• Front leads onto a busy pavement and main road
• Rear leads to shared yard for owners' parking

Tenure
Leasehold
Original Length: 15 years
Remaining lease length: 11 years
Rent review every: every 5 years
Rent: £36,000 per annum
   
  FOR SALE
   

REFERENCE:

2301 / RightBiz
   
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