 | Continental Style Café Bar In Deli For Sale Sheffield, South Yorkshire, United Kingdom Advert ref: 1417/GT FINANCIAL DETAILS | Asking price: £110,000 Sales revenue: £240,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | An extremely rare opportunity to acquire a quite beautifully presented, superbly equipped, double fronted continental style Café Bar, fitted out in a modern, contemporary design and occupying a simply outstanding, prominent main road trading position at the heart of the city centre’s bustling and ultra fashionable West Street & Devonshire Quarter area.
‘Moco Café’ is a multi faceted business, and with the benefit of full A3 Consent and licensed to serve alcohol until 11.30pm, is currently trading as Continental Style Café Bar, Delicatessen and Coffee Bar.
In addition to a wide range of continental, traditional and specialist coffees and teas, ‘Moco Cafe’ serves an extensive variety of hot and cold snacks, breakfast sandwiches, toasted paninis, ciabattas, baguettes, baked potatoes, salads, cakes and confectionery etc. for clients to consume on the premises, or to take away.
The business was established by our client in 2002, with the premises benefiting from an expensive, high quality refurbishment at this time, along with a series of on-going improvements and additions over the period since, with a total cost to our client of circa £100,000.00.
‘Moco Café’ is operated under management by our client, without the benefit of advertising, marketing or active promotion of the business, and without significant exploitation of the thriving evening custom in this part of town – clearly areas of significant potential.
‘Moco Cafe’ is a business of the highest quality, now offered for sale due to our clients’ personal circumstances at what we consider to be an extremely realistic asking price, representing an excellent opportunity for significant further development in a number of areas by the enthusiastic and fortunate hands-on new owner.
Premises:
Superbly presented and well equipped, spacious double fronted Café Bar premises with seating for approx. 38 customers, refurbished and fitted out to the very highest of standards, and briefly comprising:
Coffee Bar Area: Large, custom built, chilled customer service counter/bar, professional coffee machine (cost £3.5K), enclosed food preparation area and spacious customer seating area. Customer wc. Customer entrance.
Delicatessen Area: Customer service counter/bar and chilled display counter with food preparation area to rear. Enclosed, well-equipped kitchen area. Customer seating area. Customer wc. Separate customer entrance.
Viewing: Strictly By Appointment.
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GENERAL INFORMATION | Trading hours: Various hours between 8.00am and 12.00 midnight over seven days.
Property: Leasehold
Lease terms
We are informed that the premises are held on a 9-year lease from 2002.
Rent: £24,250.00 per annum.
Rates: £7,140.00 per annum.
Location
‘Moco Café’ occupies a prime, prominent main road position on West Street in Sheffield city centre, right at the heart of arguably the most vibrant and fashionable part of town, amidst a vast array of bars, restaurants, shops and businesses. The business is extremely close to a huge number newly built and converted apartment complexes, housing thousands of students and young professionals – a captive and relatively un-tapped market, quite literally right on the doorstep
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The Business Partnership - South Yorks, North Notts, North Derbys | | | |
