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Restaurant/cafe for sale

£39,999

14 Cromwell Road, Loughborough LE12

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Property description

Business

Hilton Smythe welcomes to the market the very well presented Cromwell Road Coffee House. Established in 2006 the business has been successfully run by our clients since inception in 2008.

The cafe/coffee house is very well known in the area, being highly supported by local residents. The cafe serves a freshly prepared menu including breakfasts, paninis, jacket potatoes, salads, soups, hot and cold cobs, baguettes, tempting cakes and a good range of quality coffees.

Cromwell Road Coffee House is immaculately presented providing seating for 26 covers, including comfortable settees providing a relaxed atmosphere for customers. The kitchen is open plan with a high level of catering equipment all included in the sale.

According to the latest set of accounts the business reports turnover at a very healthy £51,000 per annum with 48 weeks trading.

The business often provides 35 breakfasts before 10am every Saturday and large orders for filled rolls from local businesses. Although very popular a new owner may consider the below options to further turnover.

Advertising and marketing campaign

Maximise the use of social media

Extend opening hours, the current owners are often asked about opening on a Sunday

Open as a bistro in the evenings

Apply for an alcohol licence

Outside catering particularly corporate i.E. Business buffets etc

Early viewing of this turn key and reputable business is highly recommended, with the business genuinely coming to the market as our clients look towards a well-deserved retirement.

Location

This busy cafe/coffee shop is located in the affluent village of Mountsorrell on the River Soar, just south of Loughborough, Leicestershire.

Cromwell Road Coffee House is ideally situated in a small but busy shopping parade in the centre of a densely-populated housing estate with mainly privately owned properties and from which the business derives much trade.

The nearest major road is the A6 connecting Loughborough and Leicester. The village is also served by a regular bus service and the nearest train station is at nearby Sileby with hourly services to Leicester and Nottingham.

Premises

Situated in a row of terraced shops with free parking immediately outside. The business is well signed.

The coffee house briefly comprises of glazed windows and door to front creating a light, inviting and airy interior, feature spotlighting, newly redecorated and presented to the highest possible standard with tiled flooring.

Equipment included: -

Table/chairs/settees for 26 covers

Glass topped ice cream freezer

Glass fronted and refrigerated serve over counter

Till and wrapping area

Lincat griddle

Stainless steel backsplash

Extractor system

Under counter fridge

Iberital coffee machine (owned)

Coffee grinder

Chalked menu boards

Two 4 slot toasters

Panini press

Potato oven

Soup kettle

Two industrial microwave ovens

Wash up Room/Preparation Room housing: -

Tiled floor

Twin stainless steel sink and drainer with useful open storage beneath

Upright freezer

Wall mounted boiler

Stainless steel preparation tables

Perimeter shelving

Doorway to storage area


WC


With hand wash basin

Secure yard with storage shed.

Tenure

We are advised leasehold.

The original lease length is 9 years

As of 2017,5 years remain on the lease

Rent is £4000 per annum

hours

The business opens:-

Tuesday to Saturday 9.00am – 4.00pm

staff

The business is owner run and managed with the assistance of 2 casual members of staff.


Financial


Financial profile

According to the latest set of accounts the business reports turnover at a very healthy £51,000 per annum with 48 weeks trading.

What Zoopla users think of Mountsorrel

Overall rating:

  • currently 4 stars
Very good - 81% (16 ratings)

Ratings breakdown:

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

Rate Mountsorrel:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Sileby (1.7 miles)
  • Barrow-upon-Soar (2.1 miles)
  • Syston (3.2 miles)
  • East Midlands Airport (10.9 miles)
  • Coventry Airport (28.0 miles)
  • Birmingham International Airport (31.3 miles)
  • West Lynn Ferry Landing (64.3 miles)
  • King's Lynn Ferry Landing (64.4 miles)
  • Hull Ferry Terminal (79.5 miles)

Nearby schools

View all schools in Charnwood
  • Christ Church & Saint Peter's Cofe Primary School (0.5 miles)
  • Rothley Church of England Primary School (1.2 miles)
  • Swithland St Leonard's Church of England Primary School (1.7 miles)
  • Homefield College (1.9 miles)
  • Loughborough College (4.6 miles)
  • RNIB College Loughborough (4.6 miles)
  • Woodside Lodge Outdoor Learning Centre (1.3 miles)
  • Gryphon School (1.9 miles)
  • Rawlins Academy (2.1 miles)
Note: Distances are straight line measurements

Local info for Charnwood

About the neighbours in LE12

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

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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