Cafe for saleThe BalconyCrossgates Shopping Centre,Leeds,LS15
157 sq. m. | £74,900
- Business for sale
- 1,689 sq ft (157 sq m)
- REF: 2442
The Balcony Café is ideally situated in Crossgates Shopping Centre in Leeds, West Yorkshire. The business is located in a very busy shopping centre and is surrounded by numerous complimentary shops and businesses, therefore the café benefits from an extremely high volume of footfall. The business also benefits from ample parking facilities with two large car parks around the centre. The shopping centre is surrounded by densely populated residential areas, from which the business derives much trade.
Leeds is a city in West Yorkshire and as of 2011, the city had an estimated population of 757,000, making it the third largest city in the United Kingdom. Central Leeds is located on the River Aire in a narrow section of the Aire Valley in the eastern foothills of the Pennines.
The area of the business is very well served by the public transport system, with a bus stop directly outside the shopping centre and Crossgates railway station is less than 5 minutes walk away. The area is also well served by the A-roads, with the shopping centre being located on the busy A6120, which offers links to the centre of Leeds and the national A-road and motorway networks. Leeds city centre is approximately 5 miles away, Bradford is 23 miles away and York is 20½ miles away.
Hilton Smythe is delighted to welcome to the market this well-established and very busy café business, which is located in an excellent trading position in Leeds, West Yorkshire. The business was established by our clients 4 years ago and is only now being offered to the market due to our clients desire for a well-deserved retirement.
The business operates 7 days per week and generates a turnover in the region of £200,000 per annum, with a gross profit of approximately 72%. Our clients offer a wide variety of hot and cold food including burgers, breakfasts, freshly prepared fish & chips, hot main meals, hot & cold sandwiches, jacket potatoes and salads, plus much more, as well as a variety of hot & cold beverages.
The café is well appointed with tables and chairs for up to 127 covers in three different sections, as well as a full commercial kitchen. The business has built up an excellent reputation within the area for the high quality of the food and services offered, which has resulted in a very loyal client base, with a very high volume of repeat trade and word of mouth recommendations. The business boasts an impressive 5 star food hygiene rating.
We feel there is scope to increase the turnover by extending the opening hours of the business and expand the range of the fayre offered. The business is currently run by a manager and deputy, offering new hands on owners the opportunity to save on staff costs. A new owner could also establish a website to promote the business and the goods offered, as well as offering a delivery service to businesses within the area.
This is an excellent opportunity for a new owner to acquire an already busy café, set within a shopping centre; therefore early viewing must come highly recommended to avoid disappointment.
Thriving café business, set upon a balcony in a very busy shopping centre, briefly comprising:
Attractive staircase leading to café area.
Large café set over three sections with 127 covers.
Fully fitted commercial kitchen.
2 x stock rooms.
Ladies and gents WCs.
Tables, chairs, cutlery and crockery.
CCTV with four cameras.
Stainless steel serve over counter.
2 x chest freezers.
3 x microwave ovens.
Double deep fat fryer.
Single deep fat fryer.
2 x double freezers incorporating a service counter.
Hot water boiler.
Electronic cash register.
Children's ride on machine.
Good clear signage.
2 x public car parks.
We are advised Leasehold:
Original lease length: 10 years
Remaining lease length: 6 years
Rent: £25,900 per annum, which includes a service charge
The business is open:
Monday - Saturday: 9.00am - 4.00pm
Sunday: 10.00am - 3.00pm
The business is manager and deputy run with 5 x staff members.
The business generates a turnover in the region of £200,000 per annum, with a gross profit of approximately 72%.
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