Cafe for sale in Nottingham town centre, fully fitted and ready for relaunch.
Nottingham, Nottinghamshire
- Status
UNDER OFFER
- Advert ID
648312
- Reference
B09520 / Rightbiz
- Call Agent:
- Leasehold: £24,995
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Urgent Sale – Fully Fitted Cafe Premises in Prime Town Centre Location
BusinessPlease quote reference B09520
Business is currently closed!
CoGoGo presents an excellent opportunity to acquire the lease and fully fitted assets of a well-established cafe/restaurant, located in a busy town centre position.
The business is being offered as an asset and lease sale due to health reasons, with a genuine requirement for a quick disposal. The business is currently closed, providing a new owner with a blank canvas to relaunch and reposition the premises to suit their own concept.
This is a rare chance to secure a fully equipped hospitality unit with a strong trading history and excellent local reputation.
Previously trading as a popular cafe/restaurant, the business built up a strong reputation over many years, with a loyal customer base and excellent local standing.
The premises were known for serving a wide range of breakfast, lunch, and traditional cafe dishes, along with takeaway and delivery services via major platforms.
Although currently closed, the site offers significant potential for a variety of food-led concepts, including a cafe, restaurant, takeaway, or dark kitchen operation.
There is clear scope to increase revenue through extended opening hours, evening trade, and a refreshed marketing strategy.
Key Selling Points:
- Assets and lease sale
- Fully fitted cafe/restaurant premises
- Prime town centre location with high footfall
- Approximately 100 covers plus outside seating
- Alcohol licence in place (including late licence)
- Strong historical turnover and reputation
- Ideal for relaunch or rebrand
- Suitable for a variety of food concepts
- Genuine health-related reason for sale
- Urgent sale - business currently closed
Location
The premises are situated in Arnold, Nottinghamshire, within a busy and well-populated town centre. The location benefits from high footfall, strong passing trade, and proximity to national retailers, supermarkets, and independent businesses.
There are also several public car parks within easy walking distance, making the site easily accessible for customers.
Premises
The business occupies spacious and well-maintained premises arranged over two floors, providing approximately 100 covers, along with an external seating area.
The unit benefits from:
- Fully fitted commercial catering kitchen
- Extensive fixtures and fittings included
- Prominent signage and frontage
- Ready-too-trade layout
Tenure
We are advised that the premises are held on a leasehold basis, with approximately 3 years remaining on the current lease, which includes provisions for renewal. The landlord may be open to a new lease.
Hours
The business is currently closed.
Previously operated:
- Monday to Saturday: 8:00 am to 5:30 pm
- Sunday: 9:00 am to 4:00 pm
Staff
The business is not currently trading and therefore has no staff in place.
Previously, it was operated by the owner with a team of 5 full-time staff.
Financial Profile
We are advised that the business historically generated a turnover in the region of £520,000 per annum prior to closure.
Further financial information may be available upon request; however, the sale is structured as an asset and lease opportunity.
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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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