Cafe for sale

Magna Mile, LN8

£99,999
160 sq. m.

Property Description

Commercial information

  • Business for sale
  • 1,722 sq ft (160 sq m)

Key features

  • REF: 1432
  • LEASEHOLD
  • CAFE
  • COFFEE SHOP

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe welcomes to the market the Viking Way Coffee House and Garden Centre. This multi facet business was founded by our client in 1980 who has spent in the region of 100,000 on refurbishing and maintaining this profitable concern and has established a fantastic reputation.

The coffee house is a charming traditional cafe with seating for 75 covers with beamed ceiling, exposed brick, dressers and wooden furniture the coffee house serves a wide selection of homemade cakes and deserts, hot and cold English fare, and a good choice of hot and cold drinks and is extremely popular attracting regular visitors and can cater for coach parties.

According to the 2016 accounts the business generated a healthy turnover in the region of 68,000 with a gross profit at 55%.

The garden centre hosts a fantastic range of indoor and outdoor plants displayed in the two large polytunnels and outside. There is also a pet shop with a full length aviary and large open fish tank and a good stock of animal feeds and pet accessories.

The farm shop retails mostly local Lincolnshire produce including sausages, joints, steaks, mince, burgers and fresh fruit and vegetables.

We feel that the business has massive potential to further increase turnover with an injection of marketing and advertising, certainly by introducing a website and advertising on social media websites will increase awareness of the business and would pay dividends.

Naturally, we would highly recommend viewing this superb business opportunity in this lovely location which genuinely comes to the market as our client looks towards retirement.


LOCATION
The business is located in the small town of Ludford.

The business is located in a prominent position on Magna Mile the A631, a leafy country lane location on the edge of the village and on the T junction with Sixhills Lane. The road is a busy connection between Market Rassen to the West and Louth to the East.

PREMISES

The cafe/coffee shop has seating for 75 covers, exposed brickwork, beamed ceiling, long service counter with desert fridge, coffee machine and till.

The well equipped commercial kitchen includes 2 microwaves, 6 burner oven, large grill, 4 microwaves, upright commercial fridge, upright freezer, extraction system, double fryer, counter top single fryer, 2 under counter fridges, 2 grill press, ample stainless steel preparation tables and sink unit.

There are toilet facilities in the cafe area.

The freezer room contains 3 chest freezers.

Additional washing up area, upright chiller, stainless steel preparation table, hot water urn, sink unit and dishwasher.


The farm shop has 2 serve over fridge units, 2 scales, chest freezer and sink unit.

The pet shop has a full length aviary unit, large open fish tank for cold water fish, all perimeter walls are shelved and racked with large stocks of accessories and animal feeds.

There is a summer house currently utilised as an office and a second summer house with ice cream freezer.

An outside store with chest freezer and fridge/freezer.

The garden centre has two large polytunnels, outside beds and display areas and two aviaries.

There is an extensive car park to the rear.

TENURE
We are advised Leasehold.

A new lease is to be negotiated and rent is 5000 per annum.

HOURS
The business opens:-

Monday to Sunday 9.00am - 5.00pm.

FINANCIAL PROFILE
According to the 2016 accounts the business generated a healthy turnover in the region of 68,000 with a gross profit at 55%.





Nearest station

  • Market Rasen (5.5 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 299002 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 station

  • Market Rasen (5.5 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 299002 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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