Hilton Smythe welcomes to the market an attractive owner run sandwich shop/cafe known as Troff.
Our client opened the business in April 2014 following extensive refurbishment and alteration of a previous business on site. The owner is now reluctantly selling for family reasons.
The business is run to a very high standard. The excellent and varied menu includes specials, breakfasts, lunches, hot and cold sandwiches, paninis, salads, healthy options, confectionery and a children’s menu. The drinks menu includes speciality coffees, teas and cold drinks.
Turnover is equally split between takeaway and sit-down trade.
This high-class business caters for up to 30 covers. There is seating for 18 on the ground floor and 14 in the bright refurbished basement area. The business is very clean and tidy with attractive decor and fittings.
The business has grown rapidly since opening and it is believed further growth will happen generically and can be further achieved by increased drive, longer hours, website/social media and possibly opening as an evening licensed bistro.
The owner runs the business at a pace, with staff assistance to suit; meaning the opening hours are relatively short, allowing for scope to increase opening hours. Staff costs are relatively high and substantial savings could be made in this area, especially if the cafe was purchased by a hands-on partnership or husband and wife team.
The shop and cafe has a good reputation with many repeat and local customers.
Our client is proud of its 5* food hygiene rating.
The asking price is set at a reasonable level to allow for an early sale.
Our client owns the premises and will be willing to grant a new Lease upon terms to be agreed with the purchaser.
This is a great opportunity for a new owner to buy and develop even further a super cafe/sandwich shop in a prime trading location. Hilton Smythe highly advise early viewing to avoid disappointment.
Troff is in a prime location on the main thoroughfare of Market Street in the centre of Milnsbridge; around 2 miles west of the town centre of Huddersfield in West Yorkshire.
Passing traffic and footfall is busy all day long.
The business is set in a row of terraced retail businesses with flats above.
There is plenty of car parks and street parking in the area.
Troff is based on the ground floor with refurbished basement below.
The flats above are owned by our client and will not be included in the sale.
The front door entrance is directly on Market Street with pavement outside.
The entrance leads to a spacious 18 seat cafe with deli style serve over units to the rear, allowing the service of takeaway sandwiches or sit-down meals.
There is a spacious service area behind with speciality coffee and tea making facilities.
A few steps lead up to a spacious, fully fitted, well equipped, modern kitchen.
A staircase leads down to a further seating area in the basement allowing seating for a further 14 diners. The basement also contains a good-sized stock rooms.
There are toilets on both floors.
Equipment included in the sale: -
Serve over units
Expobar coffee machine
Under counter fridge
Oven and hob
The owner values the business assets at circa £8,000.
Our client owns the Freehold and would be willing to grant a new Lease upon terms to be agreed.
Our client suggests a 7 year lease with an option to renew.
With an initial rent of £500 per month to be reviewed every 3 years.
In addition, the tenant will be asked to contribute a sum to be agreed to the monthly cost of the electricity and water (the utilities serve the building as a whole).
Monday to Friday: 8.30am – 4pm
Saturday: 9am - 4pm
The business is run by the owner, with help from 1 part time and casual members of staff.
Staff costs are approximately £25,000 per annum.
We are advised that current turnover is approximately £65,000 per annum; with a gross profit of 50%.
The business is presently exempt from the payment of business rates.
Stock is valued at £500 circa.