Status: For Sale
Tenure: Leasehold
Leasehold Rent: £7,536 per annum
Turnover: £84,000
Crepe Store & Café West End Arcade NottinghamCrepe Store & Café West End Arcade NottinghamCrepe Store & Café West End Arcade NottinghamCrepe Store & Café West End Arcade NottinghamCrepe Store & Café West End Arcade Nottingham
£59,999 + SAV

Crepe Store & Café West End Arcade Nottingham

For Sale
  • Reference: 13812 F
  • Location: Nottingham, Nottinghamshire
Aubrey's was established In September 2009 by the current owner. Having undertaken training in Brittany she had ambitions to relay and reinvent the influence of authentic galette and crepes with the ethos being to keep it simple and to do it well.

The Galette can be traced back as far as the Middle Ages and traditionally formed part of a staple diet that could be locally produced enabling those living and working to go about their daily work. Originally cooked on hot plates known as Billigs above a log fire in the hearth the skill and accuracy of both temperature and pressure when cooking was mastered by woman at the time. They were then served with a simple covering of salted butter and eaten with the hands.

Aubrey's sells coffees and a range of loose leaf teas, specialists in Breton ciders, fresh juices and presses and a range of savoury crepes made with buckwheat flour and sweet crepes made with wheat or buckwheat flour, they also do interesting and popular inventive seasonal specials.

Aubrey's Traditional Creperie Ltd were runners up in the Observer Food Awards for 3 consecutive years 'Best Cheap Eats' category.

The original definition and function of a Creperie was to be an establishment within which customers could watch their food being cooked with ingredients they provided themselves. Crepes and Galettes have now become a culinary specialty which this business specialises and excels in.

The business has gone from strength to strength and is being sold reluctantly only due to a wish to pursue other business interests.

The business has full exposure via social media and an excellent website and its online reviews are fantastic.

An alcohol licence until 9pm is in place and the business has a five star hygiene rating.

Room for Improvement
Extend the opening hours
Extend the outside seating area (subject to the necessary permissions)
Advertising and marketing campaign
Offer a delivery service and consider Just Eat, Deliveroo, Uber Eats and Hungry House type offerings
Develop the private dining side of the business further
Focus on outside catering
Develop the brand and consider other premises

TENURE

We are advised the business is being sold as Leasehold.

Original lease was for 5 years.
2 years remaining.
Rent is £7,536 per annum.

Business rates are currently £600 approximately per annum.

We are advised that the landlord would be happy to negotiate a lease for the new owner.

HOURS

Wednesday to Saturday 10am - 6pm
Sunday: 11am - 3pm

STAFF

The business is owner run and managed with the help of three part time staff members.

FINANCIAL PROFILE

The business generated a turnover of approximately £84,000 as of the 2016 accounts, with a gross profit of roughly £53,000.

The company accountant has predicted turnover for the next year of approximately £104,000 so the business is growing at an excellent pace as its reputation spreads.

EXTRA NOTES

Reasons to buy
A well-established business with an enviable reputation and great exposure on social media platforms.
Everything included in sale making this a real 'Turn Key' business.
Low running costs with cheap rent and low business rates.
Ideal owner managed or husband and wife business.
Current owner happy to offer a handover to ensure the continued success of the business.
Nottingham is a city and unitary authority area in Nottinghamshire located 128 miles north of London. Its urban area is the largest in the East Midlands. In 2010 the city was named as one of the "Top 10 Cities to Visit" and is popular with tourists and overseas visitors.

The city has the largest public bus network in the UK.

The business is situated in the beautiful, period shopping destination known as West End Arcade alongside other complimentary businesses such as vintage record stores, clothing shops, army surplus and retro video games stores and many other independent stores and enjoys high levels of footfall and passing trade. The arcade is in the centre of the main shopping area and is a vibrant and much visited part of the city. The business is beautifully presented and maintained with striking signage.
The business occupies the ground floor of a retail unit in the West End shopping arcade and is immaculately presented and maintained with an upmarket feel.

Creperie
Windows to front creating a light, airy and inviting interior, high ceilings with pendant lighting, lovely period style tiling to dado height with feature exposed brickwork, lovely wooden floors, antique style tables and chairs offering 10 internal covers, wall mounted cupboards, freestanding timber shelving unit, menu boards and spotlighting.

Open plan Kitchen
Immaculately presented and comprehensively equipped, bespoke counter with wooden top, full extraction system, two Krampouz crepe makers (Krampouz are specialists in the manufacture of crepe makers and are situated in Brittany, home of the galette) glass wash machine, Stafco coffee machine, coffee grinder, stainless steel sink and drainer with monobloc tap with cupboard beneath, tiled splash backs, under counter stainless steel fridge, stainless steel hand wash basin, Polar 2 compartment commercial fridge, perimeter shelving, hanging rails for pans and utensils and built in plate racking.

Across from the business is a separate storage unit (included in the lease) with customer toilet and a dry goods/freezer Room with a fridge, freezer and a window to the front.

To the front of the business is a seating area with approximately 12 covers and with the covered walkway allows for al fresco dining all year round and is the perfect place to sit, eat and watch the world go by.

Contact us today for more information

To help prevent spam please type the code on the left into the textbox below: