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Pavillion Cafe In Picturesque Setting - Stock Included For Sale

Leicester, Leicestershire
Asking Price:
£120,000
Sales Revenue:
£245,000
Cash Flow:
Available on request

Business
STOCKED INCLUDED VALUED CIRCA £20K

Hilton Smythe welcomes to the market Peppercorns Café at the Abbey Park Pavilion.

This well-established business has been owned and run by the current vendor for a number of years in which time it has built up a strong and loyal customer following with an excellent reputation for customer service and which due to ill health this rare and exciting opportunity has now become available.

The café sells a tasty range of café favourites along with hot drinks, afternoon tea, cakes, pastries and treats all served throughout the day. The cafe has the benefit of 52 internal covers in its current format with the added benefit of attracting passing trade and visitors to Abbey Park.

This represents an excellent opportunity for either an established operator looking for an additional site or an individual or partnership looking for their first business venture in a much sought-after location.

There is huge potential at this site for the new operator to tweak the current food offering and extend the current opening hours to generate additional income.

The business has been finished to a very high standard and is being offered with all equipment included to enable the site to function in its current format, a full asset list will be made available to seriously interested parties.

There are two additional Peppercorn sites available at Anstey and the mobile café bus located at the Outwoods in Woodhouse Eaves Leicester.

Location
The café is situated within the Abbey Park Pavilion off Abbey Park Road in Leicester.

The business is easily accessible on foot and by all modes of transport with plenty of public transport passing the site plus customer parking within designated areas.

Premises
Ground floor trading area located in the beautifully historic Abbey Park Pavilion in Leicester.

Entrance through to main service counter and servery, all tables, chairs and soft furnishings.

Fully fitted kitchen, fridges freezers, food display units, hot food cooking equipment and storage facilities.

Toilet facilities.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £21,000 per annum with 4 Years remaining on the current 6 Year lease.

Hours
The opening hours are currently 9am to 5pm Monday to Sunday (subject to change).

Staff
The business is run and managed by the current vendor with full time assist.

Financial Profile
We are advised the business is turning over in the region of £245 ,000 per annum trading limited hours

Business rates are currently £2,946 per annum.

Property Information

Property:

Leasehold

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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