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Related Ads > Northamptonshire Business for Sale > Leasehold Cafes to Lease > Cafes in Corby for Sale 

Town Centre Cafe In Corby Northamptonshire

Corby Northamptonshire
86 cover café, Corby, Northamptonshire T/O: £312,000 GP: 75% Thriving business Scope to develop further Town centre location
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 66319
ADVERT IMPRESSIONS : 7,689 TIME(S)

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

LEASEHOLD:

£229,999

ANNUAL RENT:

£32000
 

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BUSINESS DETAILS:

Location
Café Royale Bistro is ideally located on a pedestrianised shopping area in the heart of Corby town centre. The cafe is surrounded by a wealth of complementary shops and businesses and benefits from a high footfall. There is ample car parking in the vicinity and there are many bus stops around the town. Corby is a popular Northamptonshire town, which lies between Leicester and Northampton. The area is easily accessible via either the M1 or A1(M).

Business History
Preferred Commercial is pleased to offer for sale this popular town centre cafe, which was established by our client in 2008 and which is only now being placed on the market due to our client's wish to relocate. The café boasts 86 internal covers and a further 16 pavement seats and generates a turnover in the region of £312,000 per annum with a gross profit of 75%. The café offers a variety of meals including breakfasts, lunch-time steaks, paninis, sandwiches etc. There is scope to extend the hours and to open on an evening. There is also the potential to offer an outside catering service. We feel this represents an ideal opportunity to acquire a thriving town centre café with scope for future growth. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £312,000 approx.
GP: 75%

Opening Hours
Mon - Sat: 9.00am - 5.30pm
Sun: 10.00am - 4.00pm

Accommodation Details
Ground floor lock-up town centre café on a popular pedestrianised area. Briefly comprising:

Ground Floor
• Main café area with tables and chairs for 86 covers, decorated in a fresh modern style, serving counter area with cash register, coffee machine and open kitchen behind
• Kitchen area with drinks chiller, large gas griddle, double fryer, double Panini toaster, refrigerator, under-counter refrigerator, 4-burner gas hob and oven, Bain Marie, ice machine and dishwasher
• Rear of kitchen area with 2 x commercial chest freezers, commercial refrigerator, upright freezer and sink
• Store cupboard
• Rear storage area

External
• Pavement seating area for 16 covers
• Rear delivery access

Tenure
Leasehold
Original length: 15 years
Remaining: 12 years
Review: every 3 years
Rent: £32,000 per annum
   
  FOR SALE
   

REFERENCE:

2611 / RightBiz
   
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