Popular Café & Takeaway located on an industrial estate in Bletchley Milton Keynes

Details

Details
Popular Café & Takeaway located in Bletchley
Situated on sought after business park
Well-presented throughout
A3 and A5 Licence
Healthy turnover and profits with scope to improve
Excellent local reputation
Valuable inventory of quality fixtures & fittings
Highly visible trading position
Located next to busy business centre reception
Fantastic change of lifestyle opportunity
Sensible trading hours – no evenings
Good mix of complementary businesses nearby
Falcon Commercial is delighted to offer for sale this extremely well-presented Cafe which occupies a prime trading position on a modern industrial estate in Milton Keynes. It has been under the proud ownership of our clients since January 2019 during which time they have made considerable investment and improvements. It is now reluctantly being placed on the market as the owner is suffering from ill health.

During our client’s stewardship the business has built up an excellent reputation for its welcoming atmosphere, fantastic food and great service.

This thriving business is mainly operated as a daytime Cafe with food being cooked to order and where all other produce is sourced locally wherever possible. It is considered the premises are suitable for all types of cuisine

The business is run by our client with help from one member of part time staff and generates a turnover in the region of £1,500 per week with healthy gross profit margins.

There is tremendous potential to increase the turnover by possibly running a modest marketing campaign or by extending the opening hours as the premises can trade 24 hours a day.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended

The Premises

Substantial and well maintained 2 storey leasehold building which is fitted and presented to high trade specifications throughout.

The premises briefly comprise:

Ground Floor

Main serving area with refrigerated display serving unit. Seating for 3 at breakfast bar style area.
Commercial catering kitchen containing an array of well-maintained catering equipment.
First Floor

Customer dining area with plenty of space for 24 customers, which can easily be increased with a simple layout change.
External

Ample customer parking
Business Details

Opening Hours

7.30am – 4.00 Monday – Friday
9.00am – 1.30pm Saturday
Closed Sunday
Turnover

£1,500 Per week
Business Rates

Business rates payable: Nil

Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Stock

The business stock value is: £1,000

Staff

The business is run by the proprietor with help from one part time member of staff

EPC

Commercial Energy Performance rating: D

Tenure

Leasehold.
We are advised that the business comes with the benefit of a secure lease for 5 years of which 4.5 years remain
The current annual rent payable is £17,649.96
Legal Costs

Each party to bear their own legal costs incurred in the transaction.

Accounts

Accounts will be provided to genuine purchasers after a formal viewing

Planning

For further information, you should make your own enquiries to Milton Keynes Council, Civic Offices, 1 Saxon gate east Milton Keynes MK9 3EJ

Viewing

Strictly by appointment with the vendor's agents, Falcon Commercial, Second Floor Offices, 114/116 High Street Honiton EX14 1JP on 01404 758081

Agents Note

Please remember that selling a business can be a sensitive issue and staff or suppliers may not be aware of a sale at this point. Do not attempt to contact the business directly. Thank you

Listing Code WSyceSY_xgg
Business Tenure LeaseHold
Listing Type Seller
Click for Contact Details
Sidney Phillips
08/08/2019 Bletchley, Buckinghamshire