CLUMBER STREET CAFE, NOTTINGHAM CITY CENTRE. MULTIPLE USES. 4AM LICENCE. ‘FOR SALE’.

Prime location! Long lease!

Located on what is widely considered the busiest street in Nottingham, located just a short stroll from the Market Square and within easy reach of Victoria Shopping Centre, car parks and bus routes. 

This café has a loyal customer base, offers 2 floors of seating and has been renovated to an extremely high standard. Having been in the café industry for over 25 years, the vendors are wishing to purse a new venture. This business is now available for sale and priced to sell (at well below the set-up costs of £200,000).

Location. Clumber St, Nottingham NG1. This is a prime location for a multitude of businesses, set amongst the hustle and bustle of a busy street in Nottingham city centre.
The business. Established in October 2023, offering quality food and coffee; serving breakfasts, snacks & lunch. It is fully licenced until 4am. Everything has been put in place for this turnkey business; tablet ordering system, dual lighting and sound systems to create a difference ambiance for daytime and evening use, CCTV and one-switch fob shut down for power when closing. 

The Premises. 2 story versatile premises. Ground floor servery / counter (including 3 vent extraction canopy), customer wc and seating for 26. First floor seating for 50, second counter/bar area, further customer toilets, fully fitted commercial kitchen, separate staff wc and storage room. Two Instagram walls which have proved very popular. 

Successes & Key benefits. Quickly established. Profitable within 4 weeks of trading. 4am licence. Fully fitted premises with lots of ‘nice to haves’. Trained staff in place.
Potential. There is so much potential with this business; partly due to the location but also due to the size and licensing hours. 

The current owners have utilised the premises as a café by day and nightclub by night. The lighting and sound systems in place quickly transform the premises in a vibrant nightclub. NB: only the café business is for sale, however, there is the possibility of the new owners establishing their own nightclub business. The vendors are willing to discuss their operations with serious prospective purchasers on the signing of a non-disclosure agreement.

Takings. We are advised these are in the region of £260,000 per annum.
Stock Level. To be taken at valuation. Estimated to be £5,000.
Trading Hours. Open 7 days, Monday 8am-5:30pm, Tuesday 9am-5:30pm, Weds, Thursday & Friday 8am- 5:30pm, Saturday 8am-6:30pm & Sunday 9am-5pm.
Staff. 2 floor staff team members per shift, with 4-5 being required on the weekends. 1 chef required each day with 2 required on the weekends. A pool of 4 full time & 2 part time members of staff are employed (including 2 chefs).
Tenure. Leasehold. Term. 15 years from September 2023, with 5 year breaks. Lease to be reassigned. Rent. £85,000pa (increasing to £95,000 in 2027).
Rating. Nottingham City Council Business rates payable. £22,000 pa
Services. All mains services except gas are connected to the premises.

SUBJECT TO CONTRACT

Summary. With all the hard work being done, this café is now ready for new owners and new energy. Priced at a very realistic level for this excellently presented business in a sought-after location. An early viewing is recommended.

For the full sales particulars please complete the enquiry form.