Lovely Shopping Arcade Bistro in Penrith Cumbria

• Popular vegan style café/ bistro
• 25 cover seating area plus catering kitchen and toilet
• Part of town centre covered shopping arcade
• Edge of Lake District market town
• Sale includes goodwill and fixtures and fittings
• New lease of unit offered

Overview
This is an opportunity to acquire a lovely 25 cover going concern café/ bistro in a shopping arcade in the centre of the market town of Penrith, which lies on the edge of the Lake District. The business has been trading under its current guise of Simple Goodness Bistro since 2019, offering a vegan food and drink menu. The sale includes the inventory of fixtures, fittings and equipment and goodwill. The business name and recipes are available separately.

The business is currently trading just below the VAT threshold from Wednesday to Saturday between 11.30am and 4.00pm, operated with two proprietors and no additional staff. It has no alcohol licence, but the unit has benefited from a premises licence in the past. Customers include a mix of regular locals and tourists.

The business has potential to expand its hours and offerings. The proprietors are selling for personal reasons.  

Full accounts will be made available to bona fide applicants, normally after viewing.

Location
Penrith is a market town, situated just to the north-east of the Lake District National Park, with a population of around 15,000. Traditionally a farming area, the town also has local and regional businesses and tourist trade throughout the year. It is at J40 of the M6, which links with the west-east A66 trunk road, and 20 miles south of Carlisle and has a railway station on the West Coast Main Line. Local facilities include two secondary schools, a range of independent shops, pubs, cafes, a leisure centre and auction mart. Major retailers in the town include Argos, Peacocks, B&M, B&Q, Boots, Booths, Sainsburys, WH Smiths, Morrisons, Aldi and M&S Foodhall. Unit 22/23 Devonshire Arcade is situated at the bottom end of the busy shopping mall, just off the main shopping street in the town centre.

Description
The unit includes a seating area, servery, catering kitchen and toilet with entrances into the arcade and a separate external entrance onto a car park which is available to the public in the evening.