5-Star Rated Cafe with Loyal Customers Up for Sale in Melbourn, South Cambridgeshire
Undisclosed, Cambridgeshire
- Status
SOLD / WITHDRAWN
- Advert ID
616235
- Leasehold: £12,000 (Stock at valuation)
- Rent: £12,000
- Turnover: £80,000 (£1,538 Per week)
- Net Profit: On request
Key Features
- Prime Location
- Accounts Available
- Attractive Business
- Close to Local Amenities
- Central Position in Affluent Village
- Company for Sale
- Small Business
- Unique Business
Business Details
Cafe for sale in South Cambridgeshire large village
Popular cafe for sale in affluent South Cambs village.
*Due to demand in business, viewings are by appointment only. These will be outside of cafe opening hours*
The cafe is popular among families and local residents in a growing large village and has a loyal customer base.
The coffee shop is located around the corner from a very large local primary school, which means there is often a school drop-off rush. There is a dedicated kids room in the back of the coffee shop, which draws people in from local towns.
There is demand for evening events (cheese nights, games board nights etc) in addition to proven success from special events such as afternoon tea weekends or brunch events.
There is also demand for the cafe to become a deli/sandwich shop - due to local businesses nearby. (2x industrial estates near, science park and large corporate company in village, plus walkable local businesses).
Rent is £12k per year.
Turnover is between 80-85k per year (expecting close to 90 this year).
There are 8 years remaining on 10 year lease, with option to extend.
Property qualifies for 100% small business rate relief. Property falls into category E (as per 2020 regulations - essentially amalgamates previous categories of a1-a5). Please note, due to restrictions on the property there is no possibility of having an external extractor fan built in.
Business has a 5* Food Hygiene Rating.
Trip Advisor & Google Reviews are a very strong 5*.
The sale includes net assets, stock & fixtures and fittings,
The cafe is ready to take over immediately, has room for improvement and the possibility of putting your own stamp on the business.
Business is currently still trading.
Please get in touch with any questions!
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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