Cafe for sale

Northway, Scarborough, North Yorkshire, YO11

138 sq. m. | £75,000

Property Description

Commercial information

  • Business for sale
  • 1,485 sq ft (138 sq m)

Key features

  • LEASEHOLD
  • REF 3003

Full description

Tenure: Leasehold

LOCATION
Rendezvous Café occupies substantial ground floor premises, ideally located within the very popular seaside resort of Scarborough in North Yorkshire. The business is located within the town centre and is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a very high volume of footfall and passing trade. The café further benefits from good car parking facilities within the area.

Scarborough is a town on the North Sea coast. The older part of the town lies around the harbour and is protected by a rocky headland. With a population of just over 61,000 residents, Scarborough is the largest holiday resort on the Yorkshire coast. The town has a wide cultural scene, spread across the town and seafront. It draws people not only from around the country, but from across the world.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. Scarborough railway station is situated opposite the business. The area is also well served by the A-roads, with the property situated on the corner of both the A64 and A165. Filey is approximately 7½ miles away and Bridlington is 17 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this very popular and busy café business in the town of Scarborough, North Yorkshire.

The business was originally established in the 1950's and has been in our client's careful ownership since 1990. Only now is the business being offered to the market due to our client's desire for a well-deserved retirement. The business currently operates 7 days per week and generates a turnover in the region of £120,000 per annum, with a gross profit of approximately 73%.

Our client offers a wide variety of fayre including Full English Breakfasts, burgers, roast dinners, fish & chips, hot & cold sandwiches, with a variety of fillings and hot meals, all of which are freshly prepared, as well as a wide selection of hot and cold beverages.

The property boasts a total floor area of 138 square metres, which includes an open plan café area with up to 65 covers, a fully equipped kitchen and a service area.

The business has built up an enviable reputation within the area for the high quality of the food and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening later in the evenings. A new owner could also embark on a modest marketing campaign to promote the goods and service offered. We also feel the café would benefit from the launch of a website to advertise the business. The café already has a presence on the social media website Facebook, where customers have left excellent reviews.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving café business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

PREMISES
Substantial ground floor premises in an ideal trading location opposite the train station, briefly comprising:

Main service area with:

Multiple windows offering a light and airy interior.
Open plan café with approximately 65 covers.
Large serve over counter.
Kitchen area.
WC.
Small office and store room.
Rear exit.

Equipment included:

All general fixtures and fittings.
Kitchen equipment.
Crockery and utensils.
6 x burner cooker.
Deep fat fryer.
Refrigerators.
Freezers.
Coffee machine.
Microwave ovens.
Hot water boiler.
All tables and chairs.

External:

Very well signed.
The property is fully alarmed.

TENURE
We are advised leasehold:

Original lease length: 5 years.
Remaining lease length: 18 months.
Rent: £16,000 per annum.

HOURS
The business is open:

Monday - Saturday: 8.30am - 5.00pm
Sunday: 9.00am - 4.00pm

STAFF
The business is owner run and managed with 1 x full time and 3 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £120,000 per annum, with a gross profit of approximately 73%.

Nearest stations

  • Scarborough (0.1 mi)
  • Seamer (2.8 mi)
  • Filey (6.7 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

  • Scarborough (0.1 mi)
  • Seamer (2.8 mi)
  • Filey (6.7 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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