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Cafe With Takeaway In Newcastle Upon Tyne For Sale

Newcastle-upon-Tyne, Tyne and Wear
Asking Price:
£27,000 Furniture / Fixtures included
Sales Revenue:
£80,000
Cash Flow:
Available on request

• Long established cafe within busy shopping location.
• Sales £1,500 - £1,800 weekly with strong profit margins.
• Collection, Sit – In and delivery trade.
• Circa 20 internal covers.
• High levels of repeat business.
• Genuine reason for sale.
• Leasehold - Reduced price £27,000 to include all fixtures and fittings.

Property information

Property:

Leasehold

Lease Terms:

The premises will be available on a new IRI lease with an asking rent of £7,200 per annum (£600 pcm) and a length of lease to be agreed. Interested parties would need to seek legal confirmation of this.

Leasehold Rent:

£7,200 per annum

Location:

The business is located on the south side of Shields Road and forms part of a very busy shopping district serving the densely populated suburb of Byker. Nearby occupiers include Morrison’s supermarket, Barclays Bank and a variety of both national and independent retailers. Shields Road has excellent public transport links and there is ample free car parking in the surrounding streets.

Premises Details:

This business opportunity comprises a long established café which has been in our client’s ownership for the last 3 years but has now been placed on the market as our client is considering emigration.

The business has a loyal and regular customer base and trades extremely well with excellent levels of repeat custom. The premises are compact but in good order and are currently configured to provide a service area together with 20 covers and to the rear of the shop there is an additional room which is used as a staff area and stock room with a WC off.

The business offers a traditional English menu with a range of hot meals, breakfasts and sandwiches together with a selection of specialist burgers. The business has a strong telephone order trade and is part of the JUST EAT online ordering network. This is an opportunity for a motivated new owner with potential to extend the trading hours and the menu range.

Premises:

Comprises a self-contained, single storey ground floor shop.

Ground Floor
Service Area 445 sq.ft. (41.4 sq.m.) with sales counter, griddle, covers for circa 20, drinks chiller, pie warmer, microwaves, wipe down walls and various other equipment.
Staff Room / Store fridges & freezers.
W.C.

Business Operation

Trading hours:

Monday - Saturday 8.15am - 4.00pm
Sunday 9.00am - 3.00pm

Employees:
The business is currently operated by our client with the help of family and one member of staff.
Years established:
3 years.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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