Cafe And Bistro In Raunds Northamptonshire For Sale

Business description

Preferred Commercial is delighted to offer for sale this café and bistro, which was established in 2005 and which has been in our client's careful hands since 2009. The café is only now being placed on the market due to our client's wish to emigrate. The business trades 6 days a week and generates a turnover in the region of £70,000 per annum with a gross profit of 65%. Creamers Coffee House offers high quality hot and cold beverages, sandwiches, breakfasts and lunch meals. The business also opens Christmas Day serving Christmas dinner, which is very popular with locals. We feel the turnover could be further increased by establishing a delivery service to the local businesses and perhaps by embarking on a modest marketing campaign. There is scope to host functions and events and also introduce a website to advertise the business. The café benefits from an alcohol licence, which is currently not utilised. A new owner could, if desired, open the café as a restaurant and café bar in the evenings to increase the turnover further. The business has an excellent reputation and received an award from Northamptonshire Food and Drink Awards. The café is well-supported by the local community and is often referred to as 'hub of Raunds'. We have been advised that there are approximately 60 new properties planned in the area. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: 3 years
Review: every 5 years
Remaining: £14,000 per annum

Leasehold rent:

£14,000 per annum

Location:

Creamers Coffee House occupies ground floor lock-up corner premises, ideally located on a busy high street in the market town of Raunds, Northamptonshire. The business benefits from ample on-street parking and is surrounded by a densely populated residential area, from which it draws much trade. Raunds town council offices are adjacent to the property and there is a wealth of complementary shops and businesses in the area, including a major supermarket next door. Raunds is an affluent market town, surrounded by picturesque countryside and is a highly desirable place in which to live and work. The town has many amenities and attractions, including excellent schools, a sports college and a Friday market. The premises have easy access to the A45, A6, A14, A1(M) and also the M1 motorway. Kettering lies 12 miles away, while Northampton and Bedford are approximately 18 miles away.

Premises details:

Substantial ground floor lock-up café premises in a town centre location. Briefly comprising:

Ground Floor
• Café area divided into 3 sections with tables and chairs for up to 60 covers
• Commercial kitchen and service area with counter, electronic cash register, 2 door under counter chiller, display refrigerator, coffee machine, grinder, soup kettle and wine rack
• Rear kitchen area with Panini machine, 4-burner electric cooker, double sided grill, grill, microwave oven, refrigerator, chest freezer, upright freezer, dishwasher, wash hand basin and water heater
• Ladies and gents WCs with wash hand basins
• Storage area

External
• Tables and chairs for up to 10 covers

Other information

Trading hours:

Mon: 8:30am to 4:30pm
Tues - Fri: 8:30am to 4:30pm
Sat: 9:00am to 4:00pm
Sun: Closed