Sold

Immaculately Presented Café in Sought After Location

Loughborough, Leicestershire

£55,000 +SAV

Ref: 14648 F

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Description

Hilton Smythe are pleased to welcome to the market the Butter Market Café. The business has been operated by the current owners for over four years and has become a very popular fixture within the busy village of Mountsorrel.

The Café serves a range of hearty breakfasts as well as a good range of hot and cold filled sandwiches and cobs, bangers and mash, jacket potatoes, home made cakes, flapjacks and muffins and enjoys a regular breakfast trade along with a very strong takeaway trade and has developed a wide and loyal customer base.

The café remains in first class condition with the benefit of 23 internal covers as well as a further 12 covers outside which prove extremely popular during the summer. Due to family commitments the site has now become available and represents a golden opportunity for a new operator to take the site to the next level.

The business presents the opportunity to increase the trading hours during the day and also to open as a Bistro in the evening. The food offering could be extended further as well as introducing a delivery service to local businesses and increase the social media footprint.

The area is also undergoing growth in residential developments therefore widening the customer base further. the Butter Market Café is an established business with excellent growth potential in a very sought after location.

A rare and exciting turn key business opportunity.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold opportunity with a new lease to be created by the landlord with rent passing to be in the region of £650 per calendar month


We are advised the business is being sold as a Leasehold opportunity with a new lease to be created by the landlord with rent passing to be in the region of £650 per calendar month


Hours

The opening hours are currently:-
8am to 3pm Monday to Friday and 8am to 2pm Saturday.
The business is closed on a Sunday

Staff

The business is run and managed by the current vendor with the assistance of 1 x full time and 2 x part time staff members assisting.



Financial Profile

We are advised the business is currently turning over in the region of £72,000 per annum trading limited hours.

There are no rates payable on the business.

Location

The Butter Market Café is situated in the centre of Mountsorrel which is one the most sought after areas in Leicestershire.

The café sits in the square where the market used to take place next to a village landmark. The site is easily accessible by both car and public transport as well as on foot and is next to the main village bus route which travels through all the adjoining villages as well as being easily accessible off the A6 by pass with on street parking available along the main street and in the residential area.

Premises

Ground floor café located on the Market Place in Mountsorrel.

There is on street parking to the front of the site as well as additional parking in the village centre close to all the other amenities.

Main service counter with display and shelving units to the rear,
Food display units,
Main oven and hot food plate,
Stainless steel food preparation equipment,
Fridge freezer,
Cold storage units,
Stainless steel hot food units.
Tables chairs and stools with 23 internal covers and 12 external covers.

The business is being made available so that it can continue trading in its current format.

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