Cafe for sale

Carrington Street, Nottingham, Nottinghamshire, NG1

Guide Price £95,000

Property Description

Commercial information

  • Business for sale

Key features

  • Impressive city centre sandwich bar/coffee shop
  • Weekly takings £3,500, genuine growth potential
  • Prime position, close to the cities train station
  • Immaculately appointed throughout, valuable equipment, viewing highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is a rare opportunity to purchase a thriving and lucrative sandwich bar/coffee shop, which is situated within the bustling and popular city of Nottingham in the East Midlands.

This is a vibrant city which has benefited from significant and continued levels of regeneration and investment in recent years, with the construction of new dwellings and the creation of additional shopping and leisure facilities.

The business occupies a prime location at the heart of the city centre on a thriving thoroughfare, amongst an abundance of other retail outlets ensuring the area is a hive of activity from the large number of shoppers, workers, students and day trippers who frequent the city on a daily basis.

Since trading commenced in 1994, this well-known business has earned an excellent reputation with positive reviews and feedback, ensuring the business boasts an extensive and loyal customer base attracting both regular repeat and passing trade.

The imposing and highly visible double fronted premises provide a spacious and versatile business accommodation, which is immaculately fitted with tasteful contemporary décor and quality furniture, creating a relaxed and welcoming environment.

The business is superbly fitted throughout with a selection of good quality furniture and a comprehensive range of valuable, modern catering equipment which has been well maintained.

The business is successful and lucrative and would represent an ideal investment for an ambitious and energetic family unit who can continue to drive the business forward, which will undoubtedly increase the already impressive weekly sales, whilst enabling additional staffing levels to be reduced therefore enhancing overall profitability.

The business also benefits from having a property licence.

To fully appreciate this superb business opportunity, a
viewing is highly recommended to avoid disappointment.

WEEKLY SALES
Currently shop sales average £3,300-£3,500 approximately.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday 07:00 - 16:00

STAFF
The business is managed by the owners with full/part time members of staff.

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

RESTAURANT AND BAR AREAS
The open plan seating area is light and airy with original features and contemporary décor, creating a relaxed and welcoming environment. The business is fitted to a high standard throughout with a comprehensive range of valuable equipment which has been well maintained.

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 2016. The annual rent is £16,000 exclusive (correct as advised on 18/07/16). 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 well-known and lucrative business, occupying such a prime city centre trading position. To avoid disappointment, a viewing is highly recommended.

More information from this agent

Nearest stations

  • Station St (0.1 mi)
  • Nottingham (0.1 mi)
  • Lace Market (0.4 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 stations

  • Station St (0.1 mi)
  • Nottingham (0.1 mi)
  • Lace Market (0.4 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 44858. 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.

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