Café

Knaresborough, North Yorkshire
REF: 0859

Asking Price:
£49,950
Annual Turnover:
£260,000
Annual Net Profit:
TBC
Recently Sold
REF: 0859
Photo of Café
Photo of Café
Photo of Café

Overview

Tenure:
Leasehold
Established:
1954
  • Weekly Takings £5,000+
  • low overheads
  • Stunning exterior
  • Very well fitted and easily ran
  • Early viewings advised

This extremely well known cafe has been trading
successfully for over 40 years and has become one
of the most recognised names in its North Yorkshire
town.
Originally a greengrocer, the business is now a
popular cafe which is well positioned for growth.

This well positioned Cafe trades from an extended lock up
unit which occupies three floors.
The main entrance to the premises is accessible through a
single fronted doorway which leads into the bright and
open plan floor. As well as this there is a double
automatic doorway to the rear.
The ground floor offers a number of spaciously laid out
seating and has a large sandwich bar to the rear. This is
well posited close to the rear entrance.
There are further covers on the first floor of the building
which are very well laid out. The upper floor has a very
cosy feel throughout and prior to its expansion was the
sole dining area within the business. The kitchen, as well
ass serving desk are to the rear of the well kept upper
floor.
The basement deceptive in size and offers an abundance
of storage space as well as an office.
Overall the premise has a light and airy feel throughout
and are extremely welcoming. There is space to alter the
layout and functionality of the cafe. However, currently,
the business makes great use of the large space it has
available.

There are entrances to both the front and rear of the
premises. To the rear there is ample space to facilitate
external covers. Currently there are around 20 covers. The
front of the business is very well presented and is in need of
no external work whatsoever.

Intelligent Business Transfer are very pleased to offer to the
market this one off opportunity to acquire a truly unique
and profitable Cafe.
The business is one of the longest established traders in its
market town and is ran primarily by staff, with an
extremely competent team of full and part time staff with
the owner operator working alongside them.
The business has sustained excellent turnover, which has
recently shown growth almost week by week and continues
to show strong signs of development.
There would be scope for any purchaser to maximise the
opening times into the weekend, as well as opening later in
the afternoons.
The current owner is looking to sell due to time and other
business commitments, there has been t a tangible
improvement in efficiency since the current owner took
over, and the business is in a superb position for its
potential to be utilised.
The business would be perfect for a couple who can run the
core business between them, reducing overheads and
The business is fitted to a superb standard with all assets to
be included in the sale. The owner has invested heavily in
the upkeep as well as maintaining the immaculate exterior
to the business.
The current owner been involved within the business for
nearly a number of years and has developed an excellent
reputation locally for its high quality of products and
service.
There is very little by way of established competition
locally due to the clientele of Knaresborough being
extremely receptive to independent businesses rather then
chains.
increasing profitability.
Viewing is essential.

Location

Property

Annual Rent
£31,200
Annual Rates
£10,000
Lease Term (Years)
12
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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