Status: Completed
Tenure: Leasehold
Leasehold Rent: £10,000 per annum
Turnover: £64,533
Cafe with Fantastic Childrens Play Area in Kings Lynn, Norfolk For SaleCafe with Fantastic Childrens Play Area in Kings Lynn, Norfolk For SaleCafe with Fantastic Childrens Play Area in Kings Lynn, Norfolk For Sale
£49,950 + SAV

Cafe with Fantastic Childrens Play Area in Kings Lynn, Norfolk For Sale

Completed
  • Reference: 2115
  • Location: King's Lynn, Norfolk
Hilton Smythe welcomes to the market The Clock Café. This family run concern was originally founded by our client in 2006 and has quickly established an excellent reputation and is very well supported by the local community. It is an ideal opportunity for a family to take over the business.

The Clock Café is spacious, light and airy providing ample dining space for 100 covers plus, with the unusual benefit of a bright conservatory recently established as a secure children's play area, proving very popular. The café serves a diverse menu with a good choice of breakfasts, traditional home-made hot and cold meals, daily specials, burgers, sandwiches to salads and tempting desserts.

Additionally, the business benefits from an alcohol license opening the opportunity for the new owner to perhaps extend opening hours into the evening and introduce a bistro style menu to dramatically increase revenue of this already very profitable business. Certainly the business would benefit from further advertising to raise the profile of this fantastic family friendly café. Although the business does already have a user friendly website www.klwebvertiser.co.uk/the-clock-cafe.html.

This is a fantastic turn key business with the potential we believe for further development, which genuinely comes to the market as our client looks towards a well-deserved retirement.

TENURE

We are advised leasehold.

The original lease is 10 years with 2½ years remaining and reviewed every 3 years with the option to exercise an additional 4 years.

Rent is £10,000 per annum.

HOURS

The business opens:-

Monday to Thursday 8.30am - 3.00pm
Friday, Saturday and Sunday 7.30am - 3.00pm

STAFF

The business is owner run and managed with the assistance of 1 member of staff.

FINANCIAL PROFILE

The business reports an annual turnover in the region of £65,000 per annum with gross profit of 70%.
The business is located in the quaint market town and sea port of Kings Lynn in Norfolk.

The Clock Café dominates a prominent position at a busy junction within a popular retail area. With the benefit of a large free car park at the rear and is in close proximity to a large supermarket and local library ensuring heavy footfall throughout the day.

Kings Lynn is well connected by several arterial roads, the A47, A10, A17, A148 and A149 all serve the town. The town also has its own railway station and a good bus network providing excellent public transportation.
Well-presented double fronted premise with good visual signage.

There are 3 separate seating areas served by a modern wooden servery/bar.

The café is spacious, in the window area to the front are table and chairs for 15 covers. With additional dining area for 25 covers. The main café area houses a further 38 covers.

The children's play area is in the conservatory with additional seating for 17 covers. The enclosed play area has an assortment of play equipment and children's seating.

The servery/bar houses 2 chillers, optics display, shelving for glasses, drinks fridge, urn, counter top display chiller, coffee machine and till.

The commercial grade kitchen comprises of a 6 burner cooker, 4 microwaves, 2 double grills, 2 counter top double fryers, 3 door cabinet fridge, salad fridge, rolling toaster, panini press, urn, 6 pot Bain Marie with hot cabinet, 4 pot Bain Marie, 2 double hot cupboards, chest freezer, double sink, hand wash, fly zap and dry store.

There is a central room with walk in chiller and walk in freezer.

Separate Ladies, Gentlemen's and disabled toilets with baby changing facilities.

The business benefits from a large free car park to the rear.