Leasehold Cafe Established 10+ Years Leicestershire

RB Gates Nationwide are pleased to present this independent ESTABLISHED CAFÉ BUSINESS Lease in a thriving Leicester City Centre location. The business has tremendous potential to increase turnover and has a great reputation in the local area. This establishment of 10 years comes FULLY LOADED with all the necessities needed for a running cafe business.

Our clients have taken great pride in their business, and they have spent a considerable amount of time and money on investing in good quality fixtures and fittings such as various display fridges, hot display counters and kitchen cooking equipment (all included within sale price). The ground floor of the property comprises of a good-sized rear and side open kitchen area alongside around 15-seater eating area inside. Outside seating is also available for up to 16 persons with a 'natural' canopy which can be used all year round with possible use of outdoor heating.

The Opportunity
This café business offers an incoming purchaser the opportunity to acquire a busy café with lots of potential such as opening more hours in the day as well as further use of delivery companies like Uber Eats and Deliveroo to drive further customer. It would suit a motivated and experienced operator who has the man power to drive side avenues income streams such as outside catering and a further expanded food menu in order to make use of the extra food preparation areas given by a large premises of more than 1100 SQ FT. The store is lock up only.

Business Particulars Reference No. 22AB304
Tenure: Leasehold - Renewed in 2019 [10-year term]
EPC Rating: 51 | C
Business Turnover: Available upon registration
Rent: Available upon registration
Gross Profit %: 68% YE 2022 (Vendor has informed)
Council Tax: Available upon registration / Confirmation of business rates payable should be obtained from the Local Authority.

Location
The subject property is situated in Leicester City Centre in the cultural quarter just seconds around the corner to Leicester City Hall. The property is accessible and positioned nearby the renowned Leicester Curve Theatre which can host up to 100 visitors, and 2000 capacity events venue Athena.

Accessing this prime location can be achieved by both public and personal transport. Leicester Railway station is located less than half a mile from this property (8-minute walk [Source: Google Maps]) along with several large car parks situated nearby. Leicester City Centre is ever changing and is well positioned within the East Midlands and benefits from access to nearby cities including Nottingham, Coventry and Birmingham.

Current Opening Times:
Please find below current opening times for the business:
Monday: 8:00 AM - 2:30 PM
Tuesday: 8:00 AM - 2:30 PM
Wednesday: 8:00 AM - 2:30 PM
Thursday: 8:00 AM - 2:30 PM
Friday: 8:00 AM - 2:30 PM
Saturday: CLOSED
Sunday: CLOSED
Bank Holidays: CLOSED

Fixtures & Fittings
We have been advised that the trade fixtures and fittings are owned outright.

Legal Costs
Each Party will be responsible for their own legal costs incurred in this transaction

Terms & Conditions Apply - Please read 'RB Gates - Property Sales Disclaimer' within the Information Memorandum

Confidential Business Sale
This business/property is a confidential sale and we require you to review and complete a Non-Disclosure Agreement prior to disclosing confidential information to you. All information received, oral or in writing or both, relating to the vendor or business, from RB Gates Ltd is be treated in the strictest confidence, not visit or contact the Vendors, their staff, customers, suppliers, franchisors, bankers or any other connection without our knowledge and authority.

Viewing BY APPOINTMENT ONLY with the Agents RB Gates Ltd T/A RB Gates, Nationwide. Viewing is highly recommended as businesses such as these rarely stay on the market for long. [NO TIME WASTERS PLEASE]

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Buyer's Premium: Please note that a buyer's premium of £1250.00 will apply when purchasing this property.
4. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
5. Services: Please note we have not tested the services or any of the equipment or appliances in this property and so accordingly we strongly advise prospective buyers to commission their own survey or service reports before then finalising their offer to purchase.
6. Disclaimer: These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither RB Gates Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
7. Confidential Information: You may download, store and use this material for your own personal use and research. You may NOT republish, retransmit, redistribute, or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website
8. Free Valuation: Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your business / property. Please contact RB Gates to arrange a mutually convenient appointment.