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Established Beautifully Presented and Equipped Restaurant and Takeaway For Sale

 
Sheffield, South Yorkshire, United Kingdom
 
Advert ref: 1512GT
 
FINANCIAL DETAILS
 
Asking price: £129,000
 
Sales revenue: £175,000
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
A very well established, quite beautifully presented and equipped, multi faceted Restaurant and Takeaway, occupying a quite superb and unique trading position in Sheffield city centre, adjacent to the City Campus HQ of Sheffield Hallam University.

Alfie & Bella is a well-known business with an excellent reputation and benefits from a wide diversity of clientele, including students and university staff, city centre shoppers and local business people. The business serves an extensive menu of freshly prepared traditional and continental food including a wide range of pizzas, sandwiches, paninis, salads, breakfasts and hot & cold drinks for customers to enjoy on the premises, or to take away. The business has full A3 consent and is fully licensed, serving a selection of quality wines and beers. Uniquely, the business is also licensed to deliver alcoholic beverages with food.

The restaurant offers internal seating for 50 customers, with a delightful dedicated external seating area to the front of the premises for an additional 24 customers.

The business has been owned and successfully operated by our clients since 2003, and is operated mainly under management with 2 full time and 8 part time staff.

Alfie & Bella achieves it’s excellent turnover from only five morning/lunchtime services per week, and would clearly benefit significantly from extending the opening hours to include evenings and weekends. Our clients also operate an outside catering & buffet service, with clients gained from repeat custom and word of mouth – an area of the business clearly ripe for further development.

Additionally, the business formerly provided a very successful pizza delivery service, which if re-introduced would certainly generate significant additional turnover and income.

The business is now offered for sale due to the personal commitments of our clients at what we consider to an extremely realistic asking price, presenting an exciting and very unusual opportunity for the enthusiastic and entrepreneurial new owners to acquire a superb business of the very highest quality, ripe for significant further development with a very high level of income genuinely achievable.

Premises:
Very spacious, quite beautifully and tastefully presented, superbly equipped three storey Restaurant & Takeaway premises, refurbished and fitted out by our clients to the very highest of standards at a cost of circa £55,000.00, and very briefly comprising:

Ground Floor:
Chilled customer service counter; seating for 10 customers; disabled customer toilet; fully equipped rear kitchen.

First Floor:
Two additional dining areas with seating for a further 40 customers; Ladies & Gents customer toilets.

Second Floor:
Admin office; staff room; staff toilet.

Basement:
Spacious storeroom and second smaller room.

External:
Dedicated seating area to the front of the premises with seating for 24 customers; enclosed yard and two store rooms to the rear.

Please Note: Whilst currently trading only very limited hours of 8.00am to 3.00pm from Monday to Friday, the business is licensed until 11.30 pm every day - including Saturday & Sunday.

Viewing: we will arrange a suitable time for both parties.
Offers: All offers are for the leasehold business, goodwill, fixtures and fittings and should be made to this office.
Finance: If you need help or advice please contact us. Our in-house Finance Department specialises in arranging the funding of business purchases such as this.
Terms & Conditions: Please read our Terms & Conditions on the reverse of page 1 of this document before proceeding.


GENERAL INFORMATION
 
Property: Leasehold

Lease terms
The business is offered on a leasehold basis, with an attractive new lease available by negotiation with the vendors. Rates: £927.45 per annum.


Location
Alfie & Bella occupies an enviable and highly prominent, entirely unique trading position as the only retail premises on the delightful, fully pedestrianised Howard Street in Sheffield city centre, immediately opposite the University campus, close to the bus and rail stations, and within easy reach of any number of city centre car parks and facilities.


 
The Business Partnership - South Yorks, North Notts, North Derbys
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30