Cafe for sale

Parliament Street, Burnley, Lancashire, BB11

36 sq. m. | £20,000

Property Description

Commercial information

  • Business for sale
  • 387 sq ft (36 sq m)

Key features

  • REF: 2896
  • LEASEHOLD
  • CAFES

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market Cath's Café. This charming café has been established for over 50 years with our client successfully running the business since inception in 2012.

Cath's Café is very well supported by the local community seeing much repeat trade and benefits from a monopoly trading position, with very little competition in the area. The business reports a healthy turnover of £78,000 per annum with a gross profit around 65%.

The business is well known for the quality of fayre and value for money. The café offers a diverse menu including breakfasts, hot and cold sandwiches, jacket potatoes, daily specials, Sunday roasts and much more, all freshly prepared and available to eat in or take away. The café offers an order and delivery service via the popular website www.just-eat.co.uk boasting great reviews. The business also has a presence on social media website Facebook with over 1100 likes.

The business also offers a buffet and outside catering service for all special occasions, with a good choice of menus to suit all budgets, with deliveries not only within Burnley but also neighbouring towns and villages. Included is a liveried delivery van.

The café is well presented and light and airy with 18 covers and free Wifi. The kitchen is very well equipped and immaculately clean with the business boasting a 5 star food and hygiene rating. In addition there is a 1 bedroom flat above the business which could be used as owner's accommodation or equally let out to generate further income.

Due to its unopposed trading position, we believe there is the potential to extend opening hours into the evening and offer the delivery service later in the day to increase revenue.

This is a great turn key business venture which genuinely comes to the market due to our clients other business interests and we would urge early viewing.


LOCATION
The business is located in the market town of Burnley, Lancashire.

Cath's Café is situated just outside the town centre, within the heart of a large residential area, from which the business derives much trade. The business is located just off the busy commuter road A6114 and is a short distance from Burnley Football stadium.

Burnley has excellent public transport links with 2 main line railway stations and regular bus services running through the town and out to neighbouring towns and cities including Manchester, Blackburn and Preston. The area is served by the M65 providing easy access to the national motorway network.

PREMISES
Well-presented corner premise briefly comprising:-

Vibrant signage highly visible to passing trade.

Spacious café area with 18 covers, serve over chilled display unit with open kitchen and preparation area behind. Drinks fridge and menu boards.

Toilet facilities for customers and staff.

Rear access through kitchen to street.

First floor flat comprising living room with open plan kitchen, bathroom with bath and shower and bedroom.

Equipment includes
Cold display unit
Pie warmer
Double drinks chiller
Fridge
2 Freezers
Griddle
Oven and hob
Double fryer
Bain Marie
Pots
Pans and utensils
Cutlery
Plates
Cups and glasses
2 microwaves
Grill
Signed delivery van

TENURE
We are advised leasehold on a rolling lease arrangement.
The original lease is 3 years
Rent is a peppercorn £325 per month.

HOURS
The business opens:-

Monday to Friday 8.00am - 2.00pm
Saturday and Sunday 7.00am - 2.00pm

STAFF
The business is owner run and managed with the assistance of 5 part time members of staff.

FINANCIAL PROFILE
The business reports a healthy turnover of £78,000 per annum with a gross profit around 65%.



Nearest stations

  • Burnley Manchester Road (0.5 mi)
  • Burnley Central (0.7 mi)
  • Burnley Barracks (1.0 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

  • Burnley Manchester Road (0.5 mi)
  • Burnley Central (0.7 mi)
  • Burnley Barracks (1.0 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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