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Restaurant/cafe for sale

£15,000

1204 London Road, Alvaston DE24

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Property description

Business
Hilton Smythe welcomes to the market an extraordinary investment opportunity – the successful catering business Food 4 U. A lucrative family owned business that has developed an impressive reputation and experienced consistent growth, Food 4 U is operated by a dedicated husband and wife team and comes with no additional wage commitments.

Having established three core areas to the business – a centrally located shop, delivery service and corporate and private event catering – Food 4 U have built an extensive, loyal customer base with a proven record for attracting and retaining new business year on year.

With an excellent reputation for their corporate offering, Food 4 U regularly supply tailored buffet packages and repeat catering services for prominent local firms and private customers.

Meanwhile, the remarkably popular shop and delivery service has helped establish Food 4 U as a much loved and much relied upon source of breakfast and lunch, operating in a wide geographic trading base and building an extensive, deeply loyal repeat customer base.

Food 4 u’s prime central location has helped them develop exceptional relationships with some of the region’s most reliable and reputable suppliers, as well as providing the perfect base for a wide, efficient and profitable delivery network.

Having created an outstanding reputation throughout the entire region, Food 4 U are constantly attracting new clients, almost entirely through referrals and recommendations – leading to strong, sustainable growth with virtually no marketing spend.

Location
The business is located in the large residential suburb of Alvaston in Derbyshire. The suburb lies on the A6 three miles south-east of Derby city centre.

Food 4 U occupies a prime corner trading position on London Road, the A6 is the main thoroughfare through the town and the business sits near the junction with Brighton Road surrounded by a plethora of complementary businesses serving this heavily populated residential area.

Alvaston has good public transport links with regular bus services running through the town and out to Derby and surrounding villages. With train stations in Derby and at nearby Peartree. The town sits to the west of the M1 motorway providing an easy commute to the city of Nottingham and the rest of the UK.
Premises
This terraced corner premises briefly comprises:-

Retail area including a waiting area, serve over fridge unit, 3 cabinet stainless steel fridge unit, hot cabinet, 4 ring electric hob, mini oven, 2 four pot Bain Marie, drinks upright chiller and chalkboards displaying menu.

The rear commercial kitchen and preparation area is well equipped with grill, hot cabinet, 5 microwaves, 2 commercial fridges, 1 oven, 2 hostess trolleys, mini fryer, under counter freezer, Panini machine, toaster, extraction system, hand wash, fly zapper and one camera cctv system.

There is a washing area with sink unit, dishwasher, chest freezer and boiler.

Side door access to bin area and rear parking for two vehicles.

Additional shelved larder and dry store.

Toilet facilities

There is a useful cellar utilised as storage.
Tenure
We are advised Leasehold.

A new lease is to be negotiated with the landlord
hours
The shop opens:

Monday to Friday 8.00am – 1.00pm

Saturday 7.30am – 11.00am

Sunday Closed
financial profile
Last year’s gross sales 76k

Net profit 27k



What Zoopla users think of Alvaston

Overall rating:

  • currently 3.5 stars
Good - 68% (44 ratings)

Ratings breakdown:

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Community & safety
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Entertainment & nightlife
  • currently stars
Parks & recreation
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Restaurants & shopping
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Schools & public services
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Community & safety
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Entertainment & nightlife
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Parks & recreation
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Restaurants & shopping
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Schools & public services
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Transport & travel
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Nearby transport

  • Spondon (1.3 miles)
  • Peartree (1.7 miles)
  • Derby (1.8 miles)
  • East Midlands Airport (6.3 miles)
  • Birmingham International Airport (33.4 miles)
  • Coventry Airport (36.6 miles)
  • Liverpool Pier Head Ferry Terminal (73.8 miles)
  • Liverpool Isle of Man & Dublin Terminal (73.9 miles)
  • Woodside Birkenhead Ferry Terminal (73.9 miles)

Nearby schools

View all schools in Derby
  • Wyndham Primary Academy (0.4 miles)
  • St John Fisher, a Catholic Voluntary Academy (0.4 miles)
  • Oakwood Infant and Nursery School (0.6 miles)
  • Derby Manufacturing UTC (1.5 miles)
  • Derby College (1.8 miles)
  • Repton School (6.4 miles)
  • Merrill Academy (0.7 miles)
  • Noel-Baker Academy (1.1 miles)
  • St Martins School (1.1 miles)
Note: Distances are straight line measurements

Local info for Derby

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on 01204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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