24 Cover City Centre Cafe In Dundee For Sale

Business description

Preferred Commercial is delighted to offer for sale this popular city centre café, which was established by our client in 2001 and which is only now being placed on the market due to our client's wish to retire. The business currently operates at a pace to suit our client and generates a turnover in the region of £75,000 per annum with a gross profit of 75%, derived from the sale of a range of snacks and light meals on a sit in or take away basis. The café is fitted to a high standard throughout and offers 24 covers. There is scope for a new owner to increase turnover by perhaps, extending the opening hours, offering a delivery service to local shops and businesses and the introduction of an outside catering service. We feel the business would also benefit from its own website offering information about the location and menu. There is a lower ground floor area, which could be converted for use as a further dining area if desired. We feel this represents an ideal opportunity to acquire a thriving city centre café and takeaway, in such a prime location and with scope for future growth. Early viewing, arranged with Preferred Commercial, must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: to April 2012
Review: Index linked
Rent: £26,000 per annum

Leasehold rent:

£26,000 per annum

Location:

Peckish is ideally located in the heart of the city of Dundee, on a popular shopping street surrounded by complementary shops and businesses. The business benefits from a high footfall and much passing trade. There is ample car parking in the vicinity and there is a wealth of bus routes serving the area. The railway station is within easy walking distance of the business. Dundee is Scotland's fourth largest city and lies on the banks of the Firth of Tay. The city is benefiting from huge investment, particularly the £300 million waterfront development. The area is accessed via the A90, which connects with the M90 motorway. Perth lies 23 miles to the east, while Edinburgh is approximately 50 miles to the south.

Premises details:

Ground floor lock-up café premises with unused basement level. Located on a popular shopping street in the city centre. Briefly comprising:

Ground Floor
• Bright modern, café area with approximately 24 covers, large serving counter with chilled glass fronted display cabinet, cake display cabinet, drinks chiller, coffee machine and electronic cash register
• Kitchen area with oven and hob, microwave oven, soup urn, toaster, panini machine and sink unit
• Gents WC with wash basin
• Ladies WC with wash basin

Lower Ground Floor
• Large basement serviced with electricity and water, currently unused

External
• Service area to rear

Business Operation

Trading hours:

Mon - Sat: 8.00am - 4.00pm
Sun: Closed