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£69,950

CAFE

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Country: UK
City: Alnwick Northumberland
* Well established café in a prime trading location
* Situated in the popular tourist market town
* Recently refurbished to a high standard throughout
* Large shop with opportunity for additional seating
* Advised weekly turnover in excess of £2,000 net


SITUATION
The shop unit is ideally located in a prominent trading position in the busy tourist market town of Alnwick, which is approximately 35 miles North of Newcastle and 30 South of Berwick.

BUSINESS
The business has been owned by our client for the last 2 and half years, in which time they have completely refurbished the shop and have only the best equipment in place. Our client is now looking to sell the business in order to pursue other interests.
The business is opposite the main market square in Alnwick and is well complemented by a variety of shops. The café provides its customers with a varied food and drink menu and is also a very popular sandwich takeaway amongst the complementary businesses and passing trade. The café is well known in Alnwick for providing quality products at reasonable prices and our client believes that by re-evaluating the pricing structure could increase turnover.
Our client believes that there is still a lot of potential to increase turnover by producing your own products as well as concentrating on competitive buying which they do not do at the moment due to time restraints. The business has also been asked on a number of occasions to provide outside catering which again, due to time restraints the current owner can not provide.

TRADING AREAS
The shop has large glassed windows and excellent roadside signage. The shop has laminate flooring throughout and a variety of spot lights. There is seating for approximately 18 at wooden tables and high back wooden chairs. In addition to this there are two lounge chairs to the front of the shop with a coffee table. The main trade areas are extremely well equipped with 2 chilled display cabinets, cake display unit, jacket potato oven, soup kettle, sandwich prep area with chilled salad unit, bains marie and a coffee machine that produces all hot drinks.
In the kitchen there are 2 pannini machines, microwaves, large griddle, grill, meat slicer, domestic oven and industrial dishwasher.
To the rear of the shop is an additional room with fire door and is currently used as storage with a staff wc, 4 chest freezers and 2 fridges.

EXTERNALLY
There is ample parking in Alnwick which is predominantly by way of pay and display machines.

TRADING HOURS
Monday to Saturday
8am – 4pm

FIXTURES AND FITTINGS
We are advised the fixtures and fittings are owned outright with the exception of the dishwasher which is on lease.

STAFF
The business is operated by the owners as a husband and wife team with the assistance of 1 full time and 1 part time member of staff.

LICENSES
We are advised the property has an A5 license in place.

RATES
The rateable value of the premises is £8,800 with the rates payable for 2008/2009 being £3,907.

TRADING INFORMATION
The business produced a net turnover of £103,233 for the year ending April 2008.
Further accounting information will be provided to any genuinely interested parties who have viewed the business through Moralee & Co.

TENURE
The business is leasehold and is held on the remainder of a 10 year lease with a private landlord. We are advised that a new lease can be negotiated when the new owner takes over the business.

SERVICES
We understand that the property has all mains services.

VIEWING
As this business is being confidentially marketed, all viewings must be made through this office. No direct approach should be made to the owner or the business itself.


MISREPRESENTATION ACT 1967 & PROPERTY MISDESCRIPTION ACT 1991
These particulars are provided only as a general outline of the property referred to. Parties should make their own enquiries and inspection of the property to satisfy themselves as to the accuracy or otherwise of the information given. Other than this general outline neither we nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the property referred to above.
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