HIGH FOOTFALL LOCATION. No18 COFFEE & EATERY IN KIMBERLEY ‘FOR SALE’.

Description

PRICE:                 £52,000 S.A.V.

Tenure:                Leasehold.

Term:                  5 years from January 2022.    

Rent:                    £18,000 per annum. 

Operations:    Staff managed.

This popular coffee shop & eatery enjoys a prime location in the centre of Kimberley. Winner of ‘Best Café’ Nottinghamshire in England’s Business Awards in 2022 and 2023 and boasting 2.1k followers on Facebook.

No18 Coffee & Eatery was established in March 2022, following a tasteful and attractive full refit. The premises are very much part and parcel of Kimberley, having been used as a café for more than 15 years. Benefitting from both indoor and outdoor seating, a prominent position with free parking immediately outside, the business draws regular repeat custom locally and further afield. This is a turnkey business with lots of potential. A change in the vendors circumstance presents this reluctant sale. 

THE BUSINESS & PROPERTY DETAILS:

Location: This cafe & coffee shop trades from Unit 6, Kimberley Shopping Centre, Greens Lane, Kimberley, Nottingham NG16 2PB, in the centre of this historic Nottinghamshire town. Kimberley features a diverse shopping area centred around Main Street and the historic, cobbled James Street. It offers a mix of local independent retailers, cafes, and a Sainsbury’s supermarket. There is a generous sized car park directly outside the premises. The car park has a 90-minute limit; however, staff are added to an exemption list and can park free of charge all day (or alternatively park around the back of the shop). Kimberley is easily accessible, with regular buses passing through, and is 2 miles from Junction 26 of the M1 motorway and 6 miles from Nottingham City.

The business: The café / coffee shop has 28 covers inside and 6 outside. The menu consists of breakfast options and light bites such as paninis, baguettes and scones, along with a large range of cakes; all offered as eat in or takeaway. Seasonal changes are made. Barista made coffee is very popular. The 200 Degrees Coffee brand is used and extremely popular. The business currently has no direct competition locally.

Potential: There is still plenty of potential with this business.

• Seeking regular orders from local business in the nearby Business Park.
• Adding in deliveries either in house or utilising the delivery platforms such as Uber Eats, Deliveroo and Just Eats.
• Offer external catering, extend the menu, serve afternoon teas and/or utilise the premises outside of the current opening hours for private hire for Baby Showers etc;

The Premises. Attractively presented. The large counter greets you as you enter the premises. The kitchen is to the rear of the counter; with all the commercial equipment you would expect in a business of this nature. There are customers toilets to the rear of the café.

KEY INFORMATION:

Takings: We are advised these average upwards of £5,000 per week. 

Trading Hours. Monday to Friday 7:30am – 4:30pm, Sat 8:00am – 4:30pm & Sun 9:00am – 3:30pm.

Staff: A team of 6 staff which includes both a manager and supervisor. 3 full time staff are required Mon, Thurs, Fri & Sat, with 2 staff on Tues, Weds & Sun. NB: the vendor does not work in the café (other than ad hoc cover averaging 2 days per month). The staff manage the rotas, ordering and day to day running of the business.

Service charge:  We understand that there is a service charge of £2,132 per year.

Stock: To be taken at value. Modest, mostly fresh daily, estimated at £2,000 maximum.

NB: The ‘sister’ café No 18 in Calverton is also ‘For Sale’. Therefore, the use of the business name and social media account will be decided at the time an offer is made. As a minimum the name No19 Coffee & Eatery is permitted for 3 months (potentially on a permanent basis). 

SUBJECT TO CONTRACT

VIEWING is strictly by prior arrangement with us. By all means view the business discreetly, but on no account contact any of the staff or the vendor direct.

Summary: This is a popular town centre café and coffee shop, benefitting from regular customers and loyal staff. The attractive annual turnover of £220,000 (excluding VAT) could quickly be increased upon with the addition of deliveries. Act quickly to secure this high sales business and reap the benefits.