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Key Facts

[Ref: NOT0606S]

Business For Sale : Sutton In Ashfield, Very Spacious Prominent Freehold Caterin
Location : Nottingham, Nottinghamshire, UK
Asking Price: ASKING PRICE: 335,000 FH OR

Contact: Rosen's Group

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NOTTINGHAM, SUTTON IN ASHFIELD, VERY SPACIOUS PROMINENT FREEHOLD CATERING PREMISES, COMPRISING MODERN CAFÉ AND RENT INCOME FROM INDIAN RESTAURANT ABOVE, CAFÉ IS ALSO AVAILABLE WITH NEW LONG LEASE.

Long established business in enviable trading position within main market place of this attractive town. Currently staff run enjoying loyal year round trade and returning an average of £3,800 pw with huge scope for later trading as closes 3.30pm and would benefit direct owner control. Comprehensively equipped premises are presented to high standard and demand viewing to appreciate the quality. For sale Freehold with additional income of £7,000 pa from first floor Indian restaurant. New Lease also available at £16,000 pa for ground floor Café only. Viewing is essential.

Leasehold Asking Price

£79950.00

Freehold Asking Price

£335000.00

Tenure

Both

We are advised that takings are averaging approx £3,800 per week, under complete management. Huge scope for owner run hands, which must surely increase sales considerably.

Trading Information

Monday to Saturday- 8.30am to 3.30pm. EXCELLENT POTENTIAL FOR LATER TRADING.

Accommodation

The Freehold includes ground floor Café plus first floor self contained independently owned Indian restaurant on long Lease which produces a rent income of £7,000 pa.

Business Premises

Large Freehold property with fully glazed frontage under illuminated signage having double entry doors into spacious, bright modern interior with tiled flooring under suspended ceiling with integral lighting. The main seating area has fixed seating and small secondary seating at breakfast bar. Impressive attractive fully equipped service bar with integrated display units. Fully equipped kitchen/preparation room has tiled flooring and comprehensive range of stainless steel work surfaces and sink. Rear walk in fridge with an adjacent store room and preparation area. Upper floors include further rooms plus independently owned Indian restaurant.

Equipment

Massive array of first class quality items of equipment & fixtures and fittings, far to numerous to list on paper and complimented by a exceptional amount of stainless steel working units, shelving, sinks and storage facilities. One of the finest equipped

Location

Excellent central trading position within the main market place at the heart of town that is close to the main shopping area including the indoor shopping complex and multi storey car park, benefitting from regular and good passing trade.

Price

ASKING PRICE: £335,000 FREEHOLD OR £79,950 LEASEHOLD

Other Comments

Very well presented business completed to a high standard throughout that is staff run with a loyal clientele and year round trade. It should be noted that when owner run, takings were approaching £6,000 pw indicating huge potential for new hands.

 
 

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