 | Busy Internet Cafe & Diner in Aberdeen for Sale Aberdeen, Grampians, United Kingdom Advert ref: A207 FINANCIAL DETAILS | Asking price: £75,000 Sales revenue: < £200k Net profit: Undisclosed Fixtures value: £35,000 Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to present Café LAN, an excellent opportunity to acquire a substantial leasehold property currently trading as a busy Internet Café with Class 3 use and public house consent in Aberdeen.
Opened in 2005 and run under management, Café LAN has quickly established itself as Aberdeen’s premium Internet Café offering 35 multi-media PC’s with high speed internet connections enabling customers to access emails, surf the internet, access and download files and play the latest games.
Café LAN is popular with shoppers, tourists, students, new arrivals to the city and enjoys strong passing trade. The business serves pizzas, paninis, sandwiches and drinks to the high volume of customers that visit the premises throughout the day.
The premises comprise a modern, spacious, well appointed bar diner over 5 floors with a fully equipped commercial kitchen. The service areas include good toilet facilities, staffroom, dry store, office and beer cellar which are well maintained.
This is an excellent opportunity to acquire a thriving, well maintained business located in the heart of the City Centre.
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GENERAL INFORMATION | Years established: 3
Employees: The business operates completely under management with a manager, 4 full-time and 5 part-time employees.
Trading hours: Monday to Saturday, 9am—8pm, Sunday 12 noon—8pm.
Property: Leasehold
Lease terms
Leasehold, Annual Rent, £23,000 per annum. 9 years unexpired of a 12 year lease. Rateable Value £21,500.
Living accomodation
The property comprises a 5 storey granite building dating from the late 19th century. With a full frontage on to Market Street, a spacious ground floor, basement, first, second and third floors the property is fully fitted for purpose and has been refurbished and maintained in excellent condition by the current owner. The ground floor bar, seating areas and first floor kitchen were extensively refurbished by the current owner with new equipment, seating and lighting installed.
Location
Café LAN is located on Market Street in Aberdeen City Centre. Situated close to Union Street the property is directly opposite the Aberdeen Indoor Market and Taxi Rank. The surrounding area benefits from the adjacent High Street retailers, Top Shop, H&M and JJB Sports and footfall from the Market Street pedestrian junction which is the busiest crossing point in Aberdeen City Centre. The forthcoming Union Square retail/leisure development where motorists will park free of charge and walk up Market Street onto Union Street will generate increased footfall on Market Street.
Expansion potential
Expansion of the food offer and alcohol licence. There is a development package on offer from the landlords to develop the business and interior.
Reasons for selling
The owner is employed full-time in the Oil & Gas industry and wishes to devote more time to family and work interests.
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