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Restaurant/cafe for sale

£29,950

57 Market Street, Huddersfield HD3

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Property description

Business
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.

Location
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.
Premises
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: -

All tables

Chairs

Serve over units

Expobar coffee machine

Fridge freezer

Under counter fridge

Freezer

Drinks fridge

Panini machine

Commercial griddle

Commercial grill

Oven and hob

Microwave

Washing machine

All utensils

The owner values the business assets at circa £8,000.
Tenure
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).
Hours
Monday to Friday: 8.30am – 4pm

Saturday: 9am - 4pm

Sunday: Closed
staff
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.
Financial profile
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.

What Zoopla users think of Milnsbridge

Overall rating:

  • currently 4 stars
Very good - 82%

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 Milnsbridge:

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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
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  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 4
  • 5

Nearby transport

  • Lockwood (1.2 miles)
  • Huddersfield (1.8 miles)
  • Berry Brow (1.9 miles)
  • Leeds Bradford International Airport (17.0 miles)
  • Manchester International Airport (27.1 miles)
  • Robin Hood Airport (35.7 miles)
  • Liverpool Belfast Ferry Terminal Bootle (50.4 miles)
  • Liverpool Pier Head Ferry Terminal (50.8 miles)
  • Liverpool Isle of Man & Dublin Terminal (50.9 miles)

Nearby schools

View all schools in Kirklees
  • Crow Lane Primary and Foundation Stage School (0.2 miles)
  • Reinwood Infant and Nursery School (0.7 miles)
  • Reinwood Community Junior School (0.7 miles)
  • Huddersfield New College (1.0 mile)
  • Edgerton College (1.4 miles)
  • Greenhead College (1.4 miles)
  • Royds Hall Community School (0.5 miles)
  • Huddersfield Grammar School (0.7 miles)
  • Moor End Academy (1.0 mile)
Note: Distances are straight line measurements

Local info for Kirklees

About the neighbours in HD3

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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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