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Cafe for sale

St. John Street, Ashbourne, Derbyshire, DE6

267 sq. m. | £89,999

Property Description

Commercial information

  • Business for sale
  • 2,873 sq ft (267 sq m)

Key features

  • REF 2857

Full description

Tenure: Leasehold

St John Street Gallery & Café occupies substantial three storey premises, ideally located within the historic market town of Ashbourne, Derbyshire. The business is situated on the very busy St John Street and is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The business further benefits from excellent parking facilities within the area.

Ashbourne is a popular market town within the Derbyshire Dales. The town contains many historical buildings, as well as independent shops and is famous for its historic annual Shrovetide football match. According to the 2011 census, the town had a residential population of 8,637. Due to its proximity to the southern edge of the Peak District and being the closest town to Dovedale, the town is known as both the Gateway to Dovedale and the Gateway to the Peak District.

The area of the business is well served by the public transport system, with bus stops within easy walking distance. The nearest railway station is Cromford, which is just over 10 miles away. The area is also well served by the A-roads, with the property being located on the A515, which links to the national A-road and motorway networks. Derby is approximately 14 miles away and Stoke-on-Trent is 23 miles away.

Hilton Smythe is delighted to welcome to the market this well-established art gallery business and award winning café in Ashbourne, Derbyshire.

The business was originally established in approximately 1995 and has been in our clients' careful ownership since 2012. Only now is the business being offered to the market due to our clients' desire for a well-deserved retirement and a better quality of life. The business operates 6 days per week and generates a turnover in the region of £130,000 per annum, with a good gross profit.

The popular art gallery exhibits a varied and eclectic range of paintings, sculptures, ceramics and crafts, over three floors of gallery space. The award winning café is situated on the first floor and all the food is freshly prepared on the premises, using only the highest quality produce from leading local suppliers. The café offers high quality Italian coffee, a variety of teas and alcoholic beverages, as well as a choice of delicious cakes. The business boasts an excellent food hygiene rating of 5 and has tremendous reviews on the popular website Trip Advisor.

The business has built up an enviable reputation within the area, and further afield, for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. The premises are well maintained, decorated to a very high standard and fitted to suit the trade. We are advised that our clients are willing to offer both the gallery and the café for sale for £89,999 + SAV or just the café alone for £70,000 + SAV.

We feel the turnover could be increased by extending the opening hours, perhaps by trading on Sundays. There is also scope to develop an outside catering arm to the business. A new owner could also embark on a modest marketing campaign to highlight the goods and service offered. There is already a very informative website in place to advertise the business.

This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Substantial three storey premises, briefly comprising:

Lower ground floor:

Artist/store room:

Stone flooring.
Fluorescent lighting.
Perimeter shelving.

Basement gallery:

Door under stairs leading to cellar, which is currently used for storage, but has potential for development with bespoke perimeter shelving, display cabinets and new carpeting.

Ground floor:

Large windows to front with original leaded lights.
Feature fireplace and surround.
Spot lights to ceiling.
CCTV with 5 x cameras.
Newly carpeted.

Rear gallery with bespoke wall display cabinets and perimeter shelving.

First floor:

3 x large arched windows with original stained/coloured glass.
Comfortable seating with sofas, widely spaced tables and chairs.
New carpeting.
Ceiling uplighters.
26 x covers.

Kitchen with:

Serve over counter and bespoke servery.
Café Lazpaziale coffee machine.
Buffalo stainless steel urn.
Electronic cash register.
Perimeter shelving.
Hand wash basin.
Drinks mixer.
4 x pot Bain Marie.
Plate warmer cabinet.
Cake refrigerator.
Industrial blender.
Glass fronted drink chiller unit.
Stainless steel sink and drainer with under storage.
6 x burner gas hob with electric oven.
Microwave oven.
Stainless steel refrigerator.
4 x slot toaster.
Wall mounted combi boiler.

Storeroom for food & artwork with:

Industrial shelving equipment.
Large chest freezer.
Upright refrigerator.
2 x mini refrigerators.

Second floor:

Seating for 24.
Sometimes used for artist workshops, where our clients' provide lunch and morning/afternoon tea.

External with:

Attractive signage.

We are advised Leasehold:

Rolling lease.
New lease pending.
Rent: £1,000 per month

The business is open:

Monday - Saturday: 9.30am - 5.00pm
Sunday: Closed

The business is owner run and managed with 1 x full time chef and casual staff.

The business generates a turnover in the region of £130,000 per annum, with a good gross profit.

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