Prominent Town Centre Location - Trading Since 2013
Accounts Available Year End 31st March 2021
Annual Turnover £72,176
Gross Profit £50,250
Accounts Available After Viewing
'Good Food' Award Winners - 2019 & 2020
Fantastic Online Reviews - Excellent Reputation
Five Star Food Hygiene Rating
Seating For 36 Over 3 Floors
Fully Equipped - Beautifully Presented
Scope For Evening Trade
Could Suit Any Cuisine
EPC – E
REF 7086 – Leasehold Patisserie & Tea Room
Blacks Brokers are pleased to bring to the market this leasehold patisserie & tea room located in Belper, Derbyshire, a World Heritage Site, winner of the British High Street Award for England 2019.
INTRODUCTION
Beaurepaire Patisserie was established by our client in this busy area of Belper town centre in 2013. The business has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook and Trip Advisor. Beaurepaire Patisserie has a good social media following.
LOCATION
Beaurepaire Patisserie occupies a high street trading position within a busy town filled with shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as New Look and Lloyds Bank. Belper Train Station is close by along with a number of car parks and the area is well linked by the A6.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a seven year lease which began in 2018 at a cost of £308 per week.
BUILDING LAYOUT AND DESIGN
Beaurepaire Patisserie operates from a spacious mid terraced property which is well presented with a small patio area to the front. The business has large branding and signage on display above a fully glazed frontage. Inside, the servery/counter is positioned within the ground floor with a small dining area. There is a fully equipped kitchen to the rear of this. The first and second floors provide further seating with the second floor generally used for private dining and events. The three floors offer combined seating for thirty six. All areas are well equipped and presented nicely.
STAFF
The business operates with four part time members of staff in employment supporting our client working on a full time basis.
FINANCIAL DETAILS
Beaurepaire Patisserie has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 31st March 2021 show annual turnover of £72,176 and gross profit of £50,250. Full financial information is available upon request.
BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
SUMMARY
This popular and well established business occupies an enviable trading position in a bustling area of Belper. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu options and longer opening hours, possibly a delivery service for other local businesses for working lunches and meetings. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
