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Leasehold Independent Licensed Cafe Located In Eastwood For Sale

Eastwood, Nottinghamshire, UK
Asking Price:
£54,995 Furniture / Fixtures included
Sales Revenue:
£83,000
Cash Flow:
Available on request

Leasehold Independent Licensed Café located in Eastwood. Totally refurbished and benefits from external seating.

Veritas Business sales are privileged to offer to the market this respected Café which is located in the town of Eastwood and has been rated on Trip Advisor as the 2nd best eatery out of 21 restaurants within Eastwood. The premises has been transformed into what you see today over time by our clients starting back in 2011 and they are now offering the business for sale due to health reasons.
Since ownership they have undertaken extensive refurbishment spending well over £40,000 in the process and just under £20,000 developing the tranquil walled garden area at the rear of the site in 2020 during Covid. All equipment along with fixtures, fittings with most items being bought and paid for are included within the sale price. This is a huge plus for a new owner as additional funds will not need to be spent for some time. Eats n Treats is owner operated and employs the help of 2 full time and 1 part time members of staff and for the period 1st April 2021 – 31st March 2022 they posted a turnover of £83,000 net of vat. They have built a fantastic reputation within the area over the last 11 years for serving artisan coffee which is sauced locally along with specialist teas, soft drinks, milkshakes, alcoholic beverages, homemade cakes, freshly cut sandwiches, toasties, soups, jacket potatoes and outside catering for local businesses.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times including special pop-up nights where they had success with their summer Tapas nights, offering delivery services including the likes of Just Eat and Uber Eats etc. They have a strong reputation within the local community and beyond enjoying a high level of regular repeat trade along with many new shoppers. This is a superb opportunity to purchase a turnkey business where all the hard work has been done and is a great base to build upon and as such early viewing is highly recommended as this is gem is not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

Term: Currently a rolling agreement and a new term can be agreed
Rent: £7,800 pa
Business Rates: zero

Location:

This delightful Café is located within a prominent and highly visible trading position on the high street in Eastwood. Eastwood is a former coal mining town in the Broxtowe district of Nottinghamshire, (8 miles) northwest of Nottingham and (10 miles) northeast of Derby on the border between Nottinghamshire and Derbyshire. The town is famous for being the birthplace of famous novelist D. H. Lawrence. Eastwood is a very busy shopping area and offers large retailers along with independent retailers all of which bring high levels of footfall to the area. There is ample parking within the town centre with multiple free and paid parking options available.

Premises Details:

Ground Floor
Cafe comprising: tables & chairs to cover (24), serve over sales counter with covid screen, till, custom made glass display cabinet, tall freestanding cake display, tabletop cake display, tall Coca-Cola drinks fridge, wall mounted wooden display shelves, undercounter storage shelving, two under counter fridges, under counter freezer, on-demand coffee grinder (Francino), dual head espresso coffee machine (Francino), milkshake maker, cups, glassware, teapots, jugs and cutlery.

Kitchen comprising: 4 ring ceramic hob & oven (Cannon), commercial oven (Mealstream), 4 x undercounter fridges (Blizzard & Indesit), 2 x undercounter freezers (Hotpoint), commercial microwave (Sharp), standalone fryer, bain-marie (Buffalo), 4 slice toaster, rented - commercial dishwasher, stainless steel benches, double free standing commercial sink, handwash basin, all utensils, jugs, mixing bowls, pans, oven trays, all crockery and 4 x brand new fire extinguishers.

External Rear Aspect
The Walled Garden leading from the Café main floor into the rear garden which has been transformed into a fantastic outdoor area which can be used rain or shine. Comprising of part undercover structures, 2 x pergolas, band stand and seating for 28.
Storeroom comprising of a Fridge Freezer and space for storing seasonal decorations and equipment
Unisex ladies & gents W/C with wash basin and electric water heater.

External Front Aspect
Frontage with external seating for (4).

Business Operation

Trading hours:

Monday – Saturday – 9:00am – 2:00pm
Sunday – closed

Other Information

Inventory / Stock value:
£2,000

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