Status: For Sale
Tenure: Leasehold
Leasehold Rent: £15,590 per annum
Turnover: £85,800
Café Set In Former Cinema Newport PagnellCafé Set In Former Cinema Newport PagnellCafé Set In Former Cinema Newport PagnellCafé Set In Former Cinema Newport PagnellCafé Set In Former Cinema Newport PagnellCafé Set In Former Cinema Newport PagnellCafé Set In Former Cinema Newport Pagnell
£32,000 + SAV

Café Set In Former Cinema Newport Pagnell

For Sale
  • Reference: 14017 J
  • Location: Newport Pagnell, Buckinghamshire
Hilton Smythe welcomes to the market Picture House Café; established in 1991 and owned by our vendor for two years. The owner must now sell due to unforeseen circumstances. A generous amount of money has been spent in the last couple of years refurbishing the premise, allowing for a real turn-key opportunity.

The menu is aimed at the breakfast and lunchtime market; however, the hours could be extended to incorporate earlier breakfasts and early evening meals.

Since purchasing the business our vendor has increased the trade and knows what her regulars like. There is a Facebook page and the café is highly regarded on Trip Advisor.

Hilton Smythe highly advise early viewing to avoid disappointment.

TENURE

We are advised the business is being sold as a leasehold business opportunity.

Original lease length: 10 years from 2015.
The landlord is prepared to grant a new lease, with the length of the lease to be agreed between the landlord and the new owner.

Rent: £15,590 per annum

HOURS

The business opening hours:

Monday-Saturday:9-5
Sunday: 10-2

These have been reduced to suit the current situation of the owner. The cafe could benefit from longer opening hours.

STAFF

The business is run and managed by our client, with the help of 3 part time and 1 full time member of staff.

FINANCIAL PROFILE

Picture House Cafe generated an advised turnover of circa £86,000 as of the 2016 accounts.
Picture House Cafe is located in Newport Pagnell within Buckinghamshire.

The premises are located on the main road(B526) within an arcade which was a former cinema, giving the premises bundles of character. There is a small parking area to the rear of the arcade as well as plenty of car parks close by.

Being in the town centre the café is close to all transport links and many other shops, making it an ideal stop off for breakfast or lunch.
Outside the café under the cover of the arcade is seating for 12.

The entrance door leads in at ground floor level, where there is further seating for 16.

Equipment includes: -
The service counter with chiller cabinet
Conti coffee machine
Oven
Two ring hob
Griddle
Microwave
Double deep fat fryer
Dishwasher

On the lower level there is further seating, which includes table seating for 12 and sofa and chairs ideal for avid coffee drinkers.

The lower level also has access to the toilet and store room with further kitchen facilities; this includes: -Sink
Dishwasher
Fridge
Other kitchen equipment

Contact us today for more information

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