Cafe for sale

NORFOLK

£42,500

Property Description

Full description

Tenure: Leasehold

Ref 7857 LEASEHOLD


WELL ESTABLISHED AND SUCCESSFUL TRADITIONAL CAFÉ IN AN ENVIABLE CENTRAL LOCATION IN THE BUSY AND BUSTLING MARKET TOWN OF DISS, NORFOLK


Highly desirable and long established business in a superb town centre location.

Traditional café with a welcoming atmosphere (circa 50).

Additional al fresco pavement area (circa 24).

Thriving take-away business.

Fully equipped commercial kitchen.

Advised turnover circa £97,723 (incl. VAT) for year ending April 2016.

Private lease renewed June 2016 with 6 years remaining.


A RARE OPPORTUNITY TO ACQUIRE THIS WELL ESTABLISHED AND POPULAR CAFÉ WITH MASSIVE GROWTH POTENTIAL IN A TRULY EXCELLENT LOCATION


LOCATION
This well presented and popular café can be found in a prominent and enviable town centre position amongst the key high street retailers such as Boots, Pound Land, Holland & Barrett in the busy and vibrant market town of Diss, Norfolk on the A143 and A140. Diss is a long established major Norfolk town with a population of over 8000 and high level of industry with many local businesses and a large industrial park. It has a pretty and quaint pedestrianised town centre, over-looking a lake, with many shops and 'olde worlde' buildings. Diss is rich in history and dates back to medieval times which makes it popular with visitors to Norfolk all year round. For those who are more sports minded, there is plenty on offer including a swimming pool, sports and leisure complex, cycling and athletics clubs etc. and a major league football club. There is also an array of local amenities, such as doctors, dentists, schools etc. There are at least 9 churches including St Mary The Virgin and St. Henry Morse.

THE PROPERTY
Occupies the ground floor of a two storey eye catching building of brick construction under a pitched tile roof and is part of a former coaching inn and has been well maintained throughout.

The Cafe (circa 50) has a welcoming atmosphere with a two tier street level section and a further lower section to the rear. There is good quality terracotta tiled flooring throughout and it is furnished with diner style seating and tables, tub chairs and stools. Fully equipped counter servery with a chilled display counter, 2 fridges, 3 milkshake machines, heated display cabinet, microwave, professional coffee machine & grinder. There is a new EPOS system relaying orders to the kitchen and electronic till.

Catering Facilities There is a fully equipped commercial kitchen with stainless steel surfaces, a new commercial extraction system, fryers, grills and griddle, panini machine, microwaves and jacket potato machine plus a commercial dishwasher, stainless steel sink, large stainless steel work areas and a hand basin (no equipment / appliances tested). It has recently been refurbished and the whole area has tiled floors, also a separate chipping room with fridge and freezer storage and separate prep/washing up area.

Ladies & Gents W/C all in good order.

Storage Room
Which is located to the front of the café currently being used to grind coffee.

EXTERNAL
There is an additional al fresco paved area in the market square for up to 24 covers with matching tables, chairs and parasols which is rented separately from Diss Town Council currently at £15.00 per week for 16 covers but can be extended.

TRADING
We are advised that the business trades with the benefit of an A3 licence and a five star food hygiene award (not seen).

Current opening hours are:
Sun/Mon Closed
Tues-Sat 8.30am to 5.00pm

GENERAL REMARKS
The business is offered for sale as a lease assignment with approximately 6 years remaining of a private full repairing and insuring lease (internal only). We are informed that the rent is currently £12,244 per annum to be reviewed in June 2018. We are advised that the cafe benefits from mains services (no services seen or tested) and has recently had a new boiler fitted.
Business rates payable are advised as currently being circa £7784 per annum.


THE BUSINESS
Our vendor clients took over the business 8 years ago and in which time they have built up a very successful and well established trade from the local community and surrounding area and have many and regular customers.
This establishment also enjoys a reputation for good quality home cooked traditional food and a wide selection of teas and coffees.
There is also a thriving take-away business and due to its excellent town centre location, benefits from a high level of passing trade from the many visitors and tourists to the town all year round.
The business is currently being run by one of the owners part-time and 4 part-time staff.
We are advised that accounts declare takings of circa £97,723 (inc. VAT) for year ending April 2016. Our vendor clients now wish to retire and have decided to sell the business.
There is massive potential for new owner operators to move this already successful business forward by increasing trading days, extending the opening hours and possibly changing the food offer to either an American diner style or more fast food orientated, and also to promote the take-away service and to introduce a 'sandwich round' for local businesses.

Accounting information will be made available to interested parties after viewing.

This business was viewed by Geoff Bryan who would be delighted to discuss further details and can be contacted on 07887 571720.

Viewing appointments must be made by contacting Guy Simmonds
VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.

FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.

Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
(IX) All prices quoted are excluding stock at valuation.


Energy Performance Certificates (EPCs)

Nearest station

  • Diss (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 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

  • Diss (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Guy Simmonds, National Licensed Property Agents

Coppice Farm, Ashby Road Melbourne, DE73 8BJ

01332 448091 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 7857. 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 Guy Simmonds, National Licensed Property Agents. 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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