Well-Established Coffee Shop in West Yorkshire

Wakefield, West Yorkshire
REF: R07165

Asking Price:
£45,000
Annual Turnover:
£93,372
Annual Net Profit:
£11,000
REF: R07165
Photo of Well-Established Coffee Shop in West Yorkshire
Photo of Well-Established Coffee Shop in West Yorkshire
Photo of Well-Established Coffee Shop in West Yorkshire
Photo of Well-Established Coffee Shop in West Yorkshire

Overview

Tenure:
Leasehold
Established:
1980
  • Eat in, takeout orders
  • Oldest café in Wakefield
  • Renovated to a very high standard throughout
  • Loyal customer base, made up of local residents and nearby workers
  • Excellent financials
  • 2 apartments included

The business for sale is an established family café in Wakefield, West Yorkshire, offering a wide range of hot drinks, such as varieties of teas, and drinks made with the finest freshly ground coffee.

Available are snacks, light meals, breakfast and dinner all of which are home-made with fresh ingredients. In addition, the coffee house serves afternoon tea, with delicious home-made cakes.

The sale also includes 2 high-quality apartments, one of which is currently rented out and the other used as living accommodation by the current business owner. The café is now available on a leasehold basis and is only up for sale due to the current owner’s impending retirement.

The café operates from single-glass-fronted premises with the brand name listed overhead and a contact number listed below. The premises has been renovated to a high standard throughout.

Through the entrance, there is a large open plan seating area, with 40 covers. Towards the rear of the seating area, there is a counter to display stock and to manage customer transactions, with the business’s menu listed above. Beyond the shop floor, there is a large storage and preparation room. Above the business, there are 2 apartments, both with a similar layout comprised of 2 bedrooms, a kitchen/diner and bathroom. All equipment is contained within the sale, to include the coffee machine and all fixtures and fittings including tables and chairs.

Currently, the business is successful with only word of mouth as its promotion meaning it can be further profited from extra advertising. The business could increase marketing by implementing further social media platforms. This would give the business further exposure along with the opportunity to market to a wider audience.

The business currently does not have an alcohol licence, if wanted; the buyer could purchase one in order to offer alcohol as a way of creating a unique service to the archetypical cafe.

The current owners are willing to stay on for a period of time if a transitional period is needed.

Features

Online Presence

Location

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  • Located on a main road
  • Close to two train stations
  • Local businesses nearby
  • High levels of footfall
  • Plenty of passing trade

Property

Annual Rent
£18,000
Annual Rates
TBC
Lease Term (Years)
10
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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