Cafe for sale

Market Place East, Ripon, North Yorkshire, HG4

Fixed Price £85,000

Property Description

Commercial information

  • Business for sale

Key features

  • Impressive and lucrative town centre coffee shop
  • Weekly takings £3,000 (under management), genuine growth potential
  • Prime position, delightful arcade setting, 35 covers plus al-fresco seating
  • Superbly presented throughout, valuable equipment, viewing highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is a rare opportunity to purchase a successful coffee shop which occupies a prime trading position within the charming North Yorkshire market town of Ripon.

Heaven Independent Café is prominently sited at the heart of the town in a delightful gated shopping arcade amongst numerous well known retailers, cafes and food outlets, ensuring the area is a hive of activity from the large number of shoppers, workers, students and day trippers who frequent the town on a daily basis.

Having successfully operated within the town since 2014, this well known business has quickly established an excellent reputation with positive feedback, ensuring the business boasts an extensive and loyal customer base, attracting high levels of local and passing trade.

The imposing and highly visible double fronted premises provides a spacious and versatile ground floor lock up business accommodation, which is superbly presented with tasteful contemporary décor and quality furniture creating a warm, welcoming environment. The business is fitted to a high standard throughout with a selection of quality, modern catering equipment which has been well maintained.

The business is thriving and highly lucrative yet is operated with a management team in place and would therefore be an ideal investment for an ambitious and energetic owner operator who can continue to drive the business forward which will naturally increase the weekly sales whilst enabling additional staffing levels to be reduced therefore enhancing overall profitability.

To fully appreciate this first class opportunity, viewing is highly recommended.

WEEKLY TAKINGS
£3,000 approximately. (Operated under management)

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday 09:00 - 17:00
Sunday 10:00 - 16:00

STAFF
Operated under management with full/part time staff.

PROPERTY
The highly visible and imposing double fronted shop premises offers spacious and versatile ground floor lock up business accommodation.

RESTAURANT AND BAR AREAS
The spacious open plan 35 cover lounge/ dining area is bright and airy with tasteful contemporary décor creating a relaxed and welcoming environment. The business is fitted to a high standard throughout with good quality furniture and fitments and a comprehensive range of valuable equipment which has been well maintained.

There are ample toilet and storage facilities. Externally there is a patio area which can seat up to 25 people and is extremely popular especially during the warmer months.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is held on a 10 year lease which commenced in 2014. The annual rent is £15,500 exclusive (correct as advised on 03/12/15). Rent reviews are at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is a first class opportunity to purchase a lucrative business with a bright and exciting future which occupies such an enviable trading position. With this in mind, viewing is highly recommended.

More information from this agent

Nearest station

  • Thirsk (8.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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

  • Thirsk (8.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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.

Disclaimer - Property reference 44285. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.