This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Cafe for sale

Cobham Parade, Leeds Road, Wakefield, West Yorkshire, WF1

66 sq. m. | £24,950

Property Description

Commercial information

  • Business for sale
  • 710 sq ft (66 sq m)

Key features

  • REF: 12645
  • LEASEHOLD
  • CAFE

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this popular café business, which is ideally located within the city of Wakefield, West Yorkshire.

The business was established by our client at the beginning of 2016 and is only now, sadly, being offered to the market due an unexpected family illness. The business currently operates 5 days per week and although it has only been trading for a few months, it generates a turnover in the region of £73,000 per annum, with a gross profit of approximately 74%.

Our client offers a wide variety of fayre including breakfasts, hot and cold sandwiches, baked potatoes with a variety of fillings and cakes, to name a few, as well as hot and cold beverages, including milkshakes. The property boasts 66 sq. metres of floor space, is very well maintained, recently refurbished and all the furnishings are less than 6 months old.

The business has built up an excellent reputation within the area, in the short time of being in operation, for the very high quality of the goods 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 and offering weekend trading. A new owner could also embark on a modest marketing campaign to highlight the excellent food and service offered.

The café is already making its mark on the popular social media website Facebook, with over 300 likes. We feel the business would benefit from the launch of a website to promote the business and goods offered. The business at present does not offer a delivery service, which would benefit the business.

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


LOCATION
The Out Woodland Café occupies substantial ground floor premises, ideally located within the city of Wakefield in West Yorkshire. The business is situated within a parade of complementary businesses and benefits from a high volume of footfall and passing trade. The property is surrounded by densely populated residential areas, from which the business derives much of its trade. The business further benefits from lay by parking facilities to the front of the premises.

Wakefield is a city in West Yorkshire on the River Calder, to the eastern edge of the Pennines. According to the 2011 census, the city had a residential population of 77,512. The city has undergone regeneration projects in recent years which include the Trinity Walk retail development, which boasts department stores, a supermarket and shop units.

The area is well served by the public transport system, with a bus stop across the road from the property. The nearest railway station is Outwood, which is just over half a mile away. The area is also well served by the A-roads, with the business being located on the A61, which links to the national A-road and motorway networks. Huddersfield is approximately 16 miles away, Bradford is 19½ miles away and Leeds is 9 miles away.

PREMISES
Substantial ground floor premises in an ideal trading location, briefly comprising:

Main café seating area with 20 covers.
Bespoke serve over counter.
Baked potato oven.
Refrigerated serve over counter.
Glass domed cake displays.
Food preparation area.
Electronic cash register.

Commercial kitchen with:

Bain Marie.
Bake off oven.
Griddle.
Panini press (cost over £1,000).

Customer WC.

External:

Seating to front for 8 covers on good weather days.
Parking to front of café.
Rear car park for surrounding businesses.
CCTV.

The property is fully alarmed.

TENURE
We are advised Leasehold:

Original lease length: 4 years
Remaining lease length: 3½ years, as of August 2016
Review every: 1 year
Rent: £750 per month/£9,000 per annum

HOURS
The business is open:

Monday: 9.00am - 2.00pm
Tuesday: Closed
Wednesday - Saturday: 9.00am - 2.00pm
Sunday: Closed

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

FINANCIAL PROFILE
The business generates a turnover in the region of £73,000 per annum, with a gross profit of approximately 74%.



Map & Street View

Disclaimer - Property reference 12645. 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 Hilton Smythe, Bolton . 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.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data ©OpenStreetMap contributors.