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Restaurant/cafe for sale

£44,950

209 Holderness Road, Kingston Upon Hull HU8

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Property description

Business
Hilton Smythe is delighted to welcome to the market Excellent Cafe. The business was originally established in 1996 but was taken over by our client in 2008. The owner is now looking to sell the business due to the desire to focus on other business interests.

The business runs as a large 34 cover cafe, selling a range of hot and cold food. There is the option to eat in or takeaway. They sell a range of products such as sandwiches, jacket potatoes, burgers and chips, paninis, hot breakfasts and much more.

The cafe is currently generating an advised turnover of around £208,000 per annum with a gross profit of 65%. This is a healthy turnover, however we feel this could be increased further. One way would be to introduce deliveries. Deliveries to local businesses would be a great way of boosting repeat loyal trade. The purchaser could then further this by, offering its services through sites such as JustEat.

The cafe highly benefits from its main road location. The cafe sees a lot of custom from passing trade. However, most trade is generated from the local housing and businesses.

This really is a walk-in trading opportunity. Our client has run this business successfully and so we highly advise early viewing for a purchaser looking for a cafe in a busy location.

Location
Excellent Cafe is located in Kingston upon Hull, East Riding of Yorkshire.

The business is ideally situated on a main road opposite a retail park. There is a plethora of business within this location, such as several pound stores, clothing outlets, convenience stores, hair dressers and more. Behind the cafe, there is a housing estate; from which the business receives much of its trade.

The road on which the cafe is located runs from the centre of Hull up to Bridlington. This is a well-used a-road that benefits from heavy footfall. There are several public transport links in this area, the closest bus stop is just a 1 minute away and the closest train station is in the centre of Hull. Hull is approximately 1 mile away.
Premises
The business boasts a large double fronted premise. The property was originally two retail stores, but was knocked into one, due to the need to expand. The premise is well signed with a large sign across the front.

The seating area is very spacious with around 34 covers. The room is open plan, with a bright and airy feel due to the windows across the front. The cafe is laid out well, with the service counter to the right of the entrance. Behind the counter there is the open kitchen which is complete with stainless steel fixture.

There is also a customer toilet, store room and an office on the ground floor.

On the first floor, there is a stock room.

The premise is secured with a CCTV system and an alarm.
Tenure
We are advised the business is Leasehold.

Original lease length: 5 years

Left on the lease: 2 years

Rent: £870 per month
hours
The business is open-

Monday - Saturday: 8am – 4pm

Sunday: 9am – 3pm
staff
The business is run and managed by our client with the help of 6 part time members of staff.
Financial profile
The business generates a turnover in the region of £208,000 per annum.

With a gross profit of around 65%

What Zoopla users think of Hull

Overall rating:

  • currently 4 stars
Very good - 76% (415 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
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Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
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Community & safety
  • currently stars
  • 1
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  • 5
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  • currently stars
  • 1
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  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
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  • 1
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  • 5
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  • currently stars
  • 1
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  • 4
  • 5

Nearby transport

  • Hull (1.4 miles)
  • New Holland (4.0 miles)
  • Cottingham (4.2 miles)
  • Humberside Airport (12.5 miles)
  • Robin Hood Airport (34.2 miles)
  • Leeds Bradford International Airport (55.5 miles)
  • Hull Ferry Terminal (1.8 miles)
  • Transporter Bridge South Side (68.3 miles)
  • Transporter Bridge North Side (68.4 miles)

Nearby schools

View all schools in Kingston upon Hull
  • Buckingham Primary Academy (0.1 miles)
  • Craven Primary Academy (0.2 miles)
  • Estcourt Primary Academy (0.3 miles)
  • Hull College (0.9 miles)
  • Wilberforce College (2.1 miles)
  • The Boulevard Centre (2.3 miles)
  • Hull Trinity House Academy (1.0 mile)
  • New Life Christian Academy (1.1 miles)
  • Malet Lambert (1.2 miles)
Note: Distances are straight line measurements

Local info for Kingston upon Hull

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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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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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