Fashionable Coffee Lounge in West Yorkshire

Castleford, Wakefield
REF: R07035

Asking Price:
£25,000
Annual Turnover:
£78,861
Annual Net Profit:
TBC
REF: R07035

Overview

Tenure:
Leasehold
Established:
2013
  • Minimal competition
  • Well-renovated
  • Varied menu accessible to a wide range of diets
  • Rated #1 coffee lounge in the town
  • Huge scope for growth

The business for sale is a highly reputable coffee lounge, rated as TripAdvisor’s Number One Coffee & Tea House in the busy West Yorkshire town of Castleford in Wakefield.

The fashionable eatery is renowned for its varied menu, serving coffee, cakes, delicious fresh food & milkshakes; as well as catering for gluten-free and vegetarian diets, on an eat-in and takeout basis.

The premises have been renovated to a very high standard throughout and is now for sale on a leasehold basis.

The coffee lounge operates from a large double fronted property, in a terraced position. Externally, the business name is listed overhead. Within, the business has been renovated to a very high standard throughout. Through the entrance, there is a large seating area to the right-hand side of the premises and a large counter which runs parallel – emulating the style of a larger corporate chain with an independent twist. The seating area has been filled with high quality seating units. There are 40 covers within. Further along the floor is a small kitchen, an office and customer toilets.

All fixtures and fittings including tables and chairs and coffee machine are contained within the sale. A negotiable amount and price of stock is also included.

The current owner is also willing to stay on for a transitional period, for as long as required, if needed.

This is a superb opportunity for a new buyer to purchase a fashionable café/coffee lounge in the busy town of Castleford. The business has been renovated to a very high standard throughout and can boast an excellent reputation and customer base which has led to growing financial figures since they began trading.

Despite firm foundations set, there are ways to grow the business further. At present, the design for the website is minimalistic. There is a strong opportunity to reform the online presence to have a more current, aesthetic design which could further increase its already large consumer base. A new buyer could also introduce a bistro in the evenings, offer a delivery service and extend opening hours – all of which would grow exposure and therefore financials.

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  • Town location
  • High street location
  • Other businesses nearby
  • High footfall
  • Car parking nearby
  • Public transport access
Rent
£11,740
Rates
TBC
Lease Term
5
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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