Cafe for sale

Market Place, Bishop Auckland, County Durham, DL14

102 sq. m. | £550,000

Property Description

Commercial information

  • Business for sale
  • 1,097 sq ft (102 sq m)

Full description

Tenure: Freehold

LOCATION
Hilton Smythe is delighted to welcome to the market this well established and very popular café in Bishop Auckland, County Durham. The café is located in a prominent position on Market Place, close to Bishop Auckland Castle, therefore benefiting from a high volume of footfall and passing trade. the business further benefits from excellent parking facilities to the front of the premises and further town car parks.

Bishop Auckland is a market town and civil parish in County Durham. According to the 2011 census, the town had a residential population of 16,276. The redevelopment of the town could generate £20 million a year for the region's economy and create more than 400 jobs, a report says. More than £100 million is being spent on redeveloping Auckland Castle, Art Galleries in Market Place and creating an open-air historical show called Kynren.

Kynren will initially host 14 shows from July to September and expects 8,000 visitors to each show. It is billed as the UKs most spectacular open air night show since the London 2012 Olympics. The Ernst & Young report, commissioned by the Auckland Castle Trust, suggests the project will attract 430,000 visitors a year by 2020. Report author David Smith said: "The potential economic output for the town, County Durham and the wider North East is considerable".

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. Bishop Auckland railway station is just under one mile away. The area is also well served by the A-roads, with both the A689 and A688 being within easy driving distance, which link to the national A-road and motorway networks. Durham is approximately 11 miles away and Darlington is 13½ miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well established and very popular café business in Bishop Auckland, County Durham.

The business was originally established in the 1970s and has been in our client's careful ownership since 1999. Only now is the business being offered to the market due to our client's desire for a well-deserved retirement. The business currently operates on limited opening hours to suit our client and generates a turnover in the region of £78,000 per annum, with a good gross profit.

The café offers a variety of traditional home-cooked foods, speciality tea & coffee and tempting patisserie, as well as daily special lunches and an ice-cream sundae menu, which can be enjoyed in the 40 cover café or al fresco in the courtyard area, which boasts 30 plus covers.

The first and second floors of the property of the property offers the private living accommodation, comprising of a large lounge, large fitted kitchen and dining area, which leads to a decked balcony, a master bedroom with a dressing room, a guest bedroom and traditional bathroom with roll top bath.

The business has built up an enviable reputation within the area and further afield for the very high quality of the goods and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. The business also has excellent reviews on the very popular travel website Trip Advisor.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering service on Sundays and Mondays, as currently the business is closed on these days. A new owner could also embark on a modest marketing campaign to promote the excellent fayre offered. There is also scope to convert the garage into a fish & chip shop or sandwich shop, with the relevant planning permission or open in the evenings as a restaurant.

This is an excellent opportunity for a new owner to take this already thriving and extremely popular business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

PREMISES
Imposing Grade II listed property, offering huge scope and potential for business expansion with private living accommodation, briefly comprising:

Lower ground floor:

Large cellar for storage.

Ground floor:

Generous front of house service area.
40 cover capacity.
Large kitchen.
Preparation area/pantry.

First floor:

Public WCs.

Private living accommodation:

Large lounge with fireplace.
Landing with office area.
Large fitted kitchen with fireplace.
Dining room leading to decked balcony with private access to 1st floor of property.

Second floor:

Master bedroom with fireplace, dressing room and walk-in wardrobe.
Large storage cupboard on landing.
Second bedroom with fitted wardrobes.
Traditional bathroom with roll top bath, fireplace and jack-and-Jill access for both bedrooms.

External:

Rear courtyard with seating for 30 plus.
3 x outbuildings, one of which is being utilised as a laundry.
4 car garage.
Rear access to the property by means of double gates.

Equipment included:

Coffee machine.
6 x hob cooker.
Microwave ovens.
Toaster.
5 x refrigerators.
Freezers.
All general equipment.
Crockery.
Cutlery.
Display counter.
Tables and chairs.

TENURE
We are advised Freehold.

HOURS
The business operates:

Monday: Closed
Tuesday - Saturday: 9.00am - 4.00pm
Sunday: Closed

STAFF
The business is owner run and managed with 4 x staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £78,000 per annum, with a good gross profit.


Nearest stations

  • Bishop Auckland (0.6 mi)
  • Shildon (3.0 mi)
  • Newton Aycliffe (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bishop Auckland (0.6 mi)
  • Shildon (3.0 mi)
  • Newton Aycliffe (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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