A WELL-ESTABLISHED CONTEMPORARY CAFE IN THE HEART OF DERBY

Reference: 
FW4500
Enquire about this property
£22,950
Leasehold
For Sale
Location: 

A rare and excellent opportunity to acquire a beautifully set contemporary cafe situated in a prominent position in the heart of Derby amongst a range of clients including a range of

professional businesses, residents and a considerable student population,

which has built up an enviable reputation for good quality food.

 

  • Facilitating orders through JustEat and Deliveroo
  • Rent only £375 per calendar month exclusive, currently exempt from Business Rates
  • Fully equipped to stock and operate immediately

 

Only available due to the owners looking to take on a new venture, a viewing is essential to appreciate the opportunity on offer.

 

 

PRICE:  OFFERS INVITED IN THE REGION OF £22,950

 

 

Location:          Situated in a prominent position on Uttoxeter Old Road on a corner position, close to the junction with the main A52 Ashbourne Road, not far from the intersection with the main A38.

 

Description:      The character premises have been fitted out to an excellent specification, with further improvement works undertaken over the last twelve months to include decoration, a new counter, new drinks fridge, new chairs and new bar stools for a contemporary and stylish look.

Being situated on a corner position the premises benefit from several large windows flooding the premises with natural light to provide an excellent atmosphere to eat in, but also a prominent and inviting position for takeaway customers.

                        The premises are fully equipped to a good standard, the business being set up well ensuring a new owner can take on and continue the business immediately.

                        The business also provides an excellent opportunity to expand into other areas of operation such as outside catering and contract catering, and to also take on an evening offering.

 

Business:          The premises have operated as a café for many years, with the business being under the current ownership since 2018 with the current owners having built up an exceptional reputation for quality, with a large and loyal customer base which is growing consistently.

                        The owners have recently joined JustEat and Deliveroo which has proven highly successful so far, and which is likely to develop even further once the students return to the city centre.

The business currently operates from 9.00am to 2.00pm Monday to Friday, and 10.00am to 2.00pm on Saturdays allowing huge scope for expansion if desired, and also benefits from a 5* Hygiene rating. Financial information to be discussed after viewing, where consistent takings and growth will be demonstrated.

Whilst the business has been impacted by the Coronavirus (COVID-19) pandemic, the current owners have taken the time to make improvements to the business and have adapted to the ever-changing conditions beautifully, and therefore the business is for sale providing a rare and exciting opportunity to acquire a business with excellent potential.

 

Lease:              The premises are subject to a 5year  lease which expires in August 2023, with a rent of £375 per calendar month, with an additional £10 per month payable for buildings insurance.

Rating Assessment:

                        There are no business rates payable at the present time for qualifying occupiers

 

EPC Rating:      D (99) under Certificate number 9698-3079-0286-0000-1821 valid until 1st Feb 2028.

 

Viewing:           Strictly by appointment with Fishwick & Co. (01246 558995)

                        Email: info@fishwickandco.com.