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Freehold cafe and sandwich bar for sale in Driffield with a self-contained apartment included.

Driffield, East Riding of Yorkshire
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  • Leasehold: £300,000
  • Turnover: £140,425 (£2,700 per week)
  • Profit: Not Applicable

Business Details

Cafe & Sandwich Bars For Sale in Driffield

FREEHOLD CAFE BUSINESS AND APARTMENT in Driffield for Sale.

Highly sought after location in the centre of Driffield Market Place. The location will undoubtedly be of interest to national retailers seeking prime A1 retail premises, commercial property landlord investors seeking a good annual rental return, or cafe, restaurant or bar owners looking for freehold premises to operate from.

THE LOCATION - Driffield, in the East Riding of Yorkshire is an attractive, historic market town with a bustling and vibrant shopping and eating out culture. Independently owned boutiques, craft and gift shops and artisanal food stores and bakeries attract thousands of visitors to its charming streets and markets. The street is closed to vehicles on market day and the many special events during the year, attracting visitors and tourists from far and wide. This vibrant shopping scene is complemented by a selection of cafes, pubs, and restaurants, where visitors can relax and enjoy some good food.

THE BUSINESS - Annual Turnover £140,425. A family run, fully licensed cafe, spaciously arranged to seat 40 or more customers. Being a family run retirement sale, there is no TUPE employment law requirement to inherit any staff should the going concern be part of the overall sale. The business currently operates on a low-key basis trading just five to six hours a day Monday to Saturday, leaving huge potential for ambitious new owners. The business benefits from an alcohol licence permitting trade seven days a week from 10am to 11.30pm, currently unused by the owner and offering scope to increase turnover.

THE PROPERTY - The property is entirely suitable for any other retail, professional or office uses. The first-floor apartment has its own private access via ground floor entry door and internal staircase. It has residential approval and is self-contained with fitted kitchen, bathroom, large living room and one double bedroom. The apartment is in very good condition and has recently been re-carpeted. The apartment is not currently let but has the potential to be let on a tenancy agreement with an expected monthly rental in excess of £500. Alternatively, the first floor could be adapted to provide office space or additional storage space for the ground floor operation. The property comprises ground floor, fully fitted and equipped cafe bar of approximately 965 sq ft (89.49 sq m). Service counter, catering kitchen, ladies, gents and disabled persons WC. First floor self-contained apartment of approximately 680 sq ft (63.19 sq m). Rear service yard with parking space.
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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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